Whether it's the "death cross," higher capital gains taxes, a right shoulder that forms in January, the fiscal cliff, a parallel to the historical decline of RCA, or the Mayan apocalypse* (sarcasm) that induces further selling in Apple - the world's largest company is now trading like a schizophrenic penny stock. Yet targets haven't been lowered and retail is supposedly looking at a "generational low," but I believe the music stopped when the >$1,000 price targets arrived on scene. Short via options looking for capitulation sub $500.
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QuantitativeExhaustion
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Well, in the same respect Google had it's lofty targets a few years ago. They are not gone. Although Google is more diversified than Apple, so you might have a point.