Apple Shares Are Falling Out Of Bed

Apple is down more than 3% this morning, taking shares to $US98.11 as of this writing.

We’re really not sure why the stock is dropping. There’s no immediately obvious reason.

Apple has had some hiccups in the past couple of days — the iOS 8 update messed up people’s phones, and the iPhone 6 Plus has been bending for some users.

Both of those seem like minor blips for Apple. The iOS 8 update is embarrassing, but Apple quickly addressed it. The bending issue feels like a nontroversy. A few people are claiming it happens.

The market overall is down, so it makes sense that Apple is also falling.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.