Apple share price slide continues

Shares of Apple were down 3.8% at the close of Friday New York trade at $509.79, recording their second consecutive week of declines. Since the start of the fourth quarter, Apple shares have registered gains in only two two weeks out of the 10 so far and have fallen 23.6% over that time. The stock is off 27.7% from its 52-week high on September 21, reducing the value of the company by $183.7 billion as investors worry about its iPad and iPhone facing increasing competition in the market for tablets and smartphones.