The share price of Apple Inc. (NASDAQ:AAPL) is in a sustained and boring crisis at the moment. After an initial pop from the firm's FQ2 2012 earnings report the shares have drifted in the mid 500s stopping what had been an excellent rally in the firm's stock price.
There are several obvious reasons for the lackluster performance. The first is the general depression of the stock market as European worries mount and expectations on the macroeconomic front become more volatile. There is also the problem of stumbling growth in the US economy which still forms a large part of Apple's market.
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