– Richard Hunter, Hargreaves Lansdown stockbrokers
Its ability to innovate and shock has been brought into question, whilst the company is under pressure to deploy some of its massive cash pile/
However, with the new versions of the iPhone and iPad yet to come, and with the rumoured Apple TV and iWatch in the pipeline, it would be a brave call to continue to bet against Apple.
Despite the pressure, the market consensus is still a strong buy.
Apple is coming under pressure to keep its reputation as a leading technological innovator after posting its first profit fall in a decade.