Rotten Apple Shares Belie the Reality

Unless you haven't noticed the drop in the Nasdaq since late September, or haven't been watching any CNBC program, you know that shares of Apple (AAPL) have severely taken it on the chin these last few months. Despite a late November rebound, the stock is down 28% since its September peak. Initial concerns over the iPhone 5 and the iPad mini have given way to tax-related selling, given uncertainty over 2013 rates on capital gains (and, to a lesser extent, dividends). Others have also started asking the question, "What's next for Apple?" -- and this has led to speculation over an iTV product.

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