Why is Wall Street losing its appetite for Apple?

UPDATED 19:03 PM EST, December 7, 2012

SAN FRANCISCO (AP) — This holiday season is shaping up to be a record-breaking period for Apple as shoppers snap up iPhones and iPads. So, why is the world's most valuable company losing its luster with investors?

Apple began selling the iPhone 5 on Sept. 21, the same day the company's stock hit an all-time peak of $705.07 per share. Since then, the stock has plunged more than 20 percent, trimming the company's market value by more than $150 billion. On Friday afternoon, shares were trading at around $534.

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