It was bound to happen, but now it’s official. Apple shares opened at $96, down 8 percent compared to yesterday’s closing price of $104.35. Some investors are saying Apple is in serious trouble. Others think that this merely constitutes a minor ripple in the pond. Let's be clear about one thing, Apple is a highly lucrative company, currently valued at approximately $539 billion. However, it's unclear what is next for the colossal technology firm. The short video below raises some interesting questions about where Apple is at right now. The next year will prove critically important in terms of how Apple directs its future research and focus. Apple could continue to dominate the market or it could rapidly lose market share to competitors. Time will tell.
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