Peter Misek, Jefferies analyst, explains why he downgraded the tech leader from "buy" to "hold" and cut its price target from $800 to $500 per share.
European shares closed higher Thursday, with the market taking direction from an opening rise on Wall Street where the S&P 500 hit the 1,500 mark for the first time since December 2007.
What's missing from all the talk about Apple's share price problems? Pimco's Mohamed El-Erian has some thoughts.
"It's just not fair" how investors are treating Apple, CNBC's Jim Cramer said Thursday.
Glen Yeung, Citigroup analyst, and David Rolfe, Wedgewood Partners CIO, explain why the Street is losing enthusiasm for the tech titan.
Jim Cramer didn't like what he heard on Apple's conference call after the company's disappointing quarterly results.
The "Squawk on the Street" crew weighs in on how low Apple stock will go. "This is a reset," Cramer said.
Netflix's better than expected earnings was due to the explosion of Internet-connected TVs, tablets, and smartphones.
U.S. stock index futures continued to trade mixed Thursday despite a better-than-expected jobless claims report, as disappointing Apple earnings weighed on technology stocks.
Check out which companies are making headlines before the bell on Thursday:
CNBC's Jon Fortt reports the tech giant says it is going to get "real" when it comes to giving the Street guidance. And, Daniel Ernst, Hudson Square Research, explains why he thinks Apple "is not a broken company."
Brian White, Topeka Capital Markets, discusses whether shares of the tech giant are priced for perfection.
Asian shares were mixed on Thursday after manufacturing data from China confirmed a recovery was on track, easing nervousness caused by a sharp drop in Apple shares.
John Chambers chairman and CEO of Cisco, tells CNBC that Apple's stock is evidence of how quickly things can change in the tech industry and you have to keep adjusting or get left behind.
Whiles shares of Apple suppliers in Asia tanked on Thursday after the U.S. consumer technology giant missed revenue forecasts.
Steven Pelayo, Regional Head of Technology Research, Asia-Pacific at HSBC tells CNBC's Cash Flow why Apple's upstream suppliers are key plays.
CNBC's Adam Bakhtiar takes on the 'Stock in 60 Seconds' challenge and looks at Apple's shares, which slumped 9.8% in after-hours trade when its earnings report missed estimates for the third straight quarter.
Michael McCarthy, Chief Market Strategist at CMC Markets. China's leaders are taking steps to ensure stabilizing growth. Contraction in Europe unlikely to dampen global growth, with the IMF forecast of 3-3.5% growth in 2013.
Apple's disappointing earnings could rattle the market Thursday, as investors assess the damage to the stock and the broader tech sector.
Apple CFO Peter Oppenheimer did something remarkable on the company's earnings call Wednesday: He said (in not so many words) that the company would stop lowballing earnings estimates.