Wall Street is a fickle beast with constantly shifting rules. The latest darling is money-losing Amazon, not Apple. The former is rewarded for hubris, not profits. The latter is punished for not taking a risk every six months. From Mac360:
Amazon, which has been losing money of late, has become a darling on the street merely for trying to disrupt Apple’s gravy train of profits by pushing cheap, plastic, single-minded Frankendroid tablets into the market– and losing record amounts in the process.
Apple is now suffering from the same stock market affliction as Microsoft.