What is Apple’s Uneven Bounce About?

Apple (NASDAQ:AAPL) was able to breathe again on Thursday, a day after the stock’s worst performance in four years and following a brief period when the company’s market capitalization slipped below the $500 billion mark before recovering. It closed the day 1.57 percent up at $547.24.

What is the State of Apple’s Stock?

Shares are down 6.5 percent for the week as of the close on Thursday, but the worst day came on Wednesday, when they fell more than 6 percent on for their biggest single-day loss in four years and leading to the company losing $35 billion of its market value. Concerns about the growing clout of its rivals, which have sparked most of the pessimism, received another boost on Thursday after the IDC released a report saying Apple’s rank in China’s smartphone market was down to No.6.

Our 20-page proprietary analysis of Apple’s stock is ready. Click here and to get your Cheat Sheet report now!

The stock reached its peak in September on the buzz surrounding the launch of the iPhone 5, when it ended the day at $702.10, and is still up more than 35 percent year-to-date, but there are undeniable concerns plaguing it even if the exact cause has puzzled analysts.

CHEAT SHEET Analysis: What are the Negative and Positive Forces Pulling at the Stock?

One of the core components of our CHEAT SHEET investing framework focuses on the possible forces affecting the stock’s movement. According to some, the negative catalysts this week have included a DigiTimes report that said there may be a 20 percent quarter-over-quarter decline in Apple’s demand for parts for the iPhone 5. Some bullish analysts countered that even if the report were true, the conclusion that there was, in turn, slowed demand for the phone itself may be a case of simplistic misreading.