Apple is expected report its first profit drop in a decade late Tuesday afternoon, and many Wall Street influencers worry that the world's second most valuable company might even miss its guidance, which has business analysts and tech pundits preparing for the worst. Indeed, over the last couple of months things haven't looked great Apple — not to mention the stock that's inside so many 401(k)s. After falling below $400 per share for the first time since December 2011 last week, Apple stock hasn't much recovered, down more than 25 percent for the year and ending Monday trading at $398.76, which wiped out $280 billion of the company's market capitalization since an all-time high of $702.10 last September. Today Apple is expected to drop even lower headed toward a 5 p.m. call with investors, right when investors would love to see signs of hope. Since this afternoon has some heartbreaking potential, it's best you get ready now:
Be Realistic: Take a page from Bloomberg's book: Apple is going to have a rough evening. Fourteen analysts have reduced estimates for Apple in the last four weeks, notes Adam Satariano. Samsung has started to capture some of its cellphone market, and Apple hasn't released anything new since last October — and it doesn't plan to until, rumors say, this summer. Plus, you know: what goes up must come down.