How Low Can Apple Go?

By Chris Hill – Apr 17, 2013 at 7:30PM

NASDAQ: AAPL

Apple

Market Cap

$2,614B

Today's Change

(-0.35%) -$0.59

Current Price

$169.30

Price as of April 26, 2024, 4:00 p.m. ET

Apple takes yet another dip. How long can it continue to fall?

The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Charly Travers dissect the hardest-hitting investing stories of the day.

Shares of Apple (AAPL -0.35%) fell more than 5% on Wednesday in the wake of bad news from one of its suppliers. Cirrus Logic (CRUS 1.40%) warned that revenues would be weaker than expected and cited a "decreased forecast for a high volume product." Does the Cirrus Logic warning point to big problems for Apple? Can Apple reverse the slide in its stock? In this installment of Investor Beat, our analysts discuss the future of Apple.

The relevant video segment can be found between 0:13 and 2:38.

Charly Travers owns shares of Apple. Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends Apple and owns shares of Apple and Cirrus Logic. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.