I'm not looking for trading advice or opinions on how the company is doing, but rather an objective economic explanation of the market factors at play. There i

I'm not looking for trading advice or opinions on how the company is doing, but rather an objective economic explanation of the market factors at play. There is not a logical/objective explanation, because markets do not follow logic. Markets are powered emotions. Seems the market feels that APPL is not worth so much these days. That will change tomorrow, and then change again the day after. There is no way to predict it. If you would like to learn more, read the book called "The Intelligent Investor" by Benjamin Graham. Mr. Graham was Warren Buffets professor and mentor in college.