The stock dipped to around $120 a share immediately after Tuesday's report with fears over the demand for its high-end smartphones. The reaction was the worst seen since its January 2014 earnings release.
It also briefly fell below its 200-day moving average Tuesday and Apple hasn't closed below this metric since Sept. 17, 2013. At its lowest point on Tuesday evening, it effectively wiped $62 billion off its market capitalization, which stood at $753 billion at the close.
In January 2013, Apple lost a remarkable $59 billion in market cap, meaning Tuesday's after-hours fall set an unwarranted milestone.
The stock was trading at around $124.25 early on Wednesday, having pared some losses. However, experts have been delving into the archive and it appears there's some signs that Apple could take comfort from.