Despite launching the fastest-selling iPhone to date just over a month ago, in addition to a new iPad mini that’s sure to be a big hit this Christmas, Apple is suffering from a surprising yet swift decline in stock value. Just weeks after reaching a $705 high, it now sits at its lowest price in over five months.
Many will dismiss the decline as a rare dip, confident that Apple will bounce back bigger and stronger than before. But others are questioning its ability to do so with ever increasing competition from its rivals. ABC Nightline asks whether Apple has “lost its shine.”