I just don’t get how an already highly profitable, premium device maker raking in billions of dollars a year makes people nervous by not making as money billions as expected. It’s a simplistic view I know but come on.
Really, Apple will hit an innovation wall at some point and decline as a company. Even Bezos has said as much about Amazon.
you seem to fundamentally misunderstand the market. The worry isn't that apple as a company is going to cease to make a profit. The issue is that given the new information on how apple is performing, people would like convert their shares into cash given what they can get versus what they expect to receive in the future by retaining those shares.
Is your argument that in a rational market apple reporting worse than expected performance should have no affect on the value of the company?
It's one thing to pinpoint why the specific information being released is inconsequential, or to argue that the magnitude of the market's reaction is disproportionate or moving the stock in the wrong direction, but your argument seems to be simply raise the question. You're essentially responding to information that says maybe apple isn't as great of a company as we all thought it was yesterday by saying "apple is a great company."
Really, Apple will hit an innovation wall at some point and decline as a company. Even Bezos has said as much about Amazon.