Why is AAPL (Apple) falling?

Why is AAPL (Apple) falling?

NEW YORK (TheStreet) - Apple (AAPL - Get Report) dove Friday after the tech mammoth issued a survey in 37 countries for overheating European iPhone chargers.
The connectors being alluded to were sold with iPhone 3GS, iPhone 4 and iPhone 4S models between Oct. 2009 and Sept. 2012. Apple taught customers that blames for "Model A1300" on the base of the connection could require an exchange.
"Apple has affirmed that, in phenomenal cases, the Apple 5W European USB control connector may overheat and speak to a threat," the association said on its site. "We have purposely exchanged each impacted power connector for another, redesigned connector, to no end out of pocket."
The audit impacts countries including France, Germany, Egypt, South Africa and Vietnam, yet not the U.S. or then again U.K.
The stock was down 0.92% to $91.44 at 10:14 a.m.
TheStreet Ratings gathering rates APPLE INC as a "buy" with an assessments score of B+. TheStreet Ratings Team has this to state about their proposal:
"We rate APPLE INC (AAPL) a BUY. This is driven by a few unmistakable characteristics, which we acknowledge should have a more important impact than any weaknesses, and should give money related masters an unrivaled presentation opportunity than most stocks we spread. The association's characteristics can be found in different regions, for instance, its pay advancement, all things considered, solid cash related position with reasonable commitment levels by most measures, striking benefit for worth, developing generally incomes and extraordinary salary from assignments. Yet no association is perfect, starting at now we don't see any important weaknesses which are likely going to decrease the generally elevating perspective."
Highlights from the assessment by TheStreet Ratings Team goes as seeks after:
AAPL's pay improvement has to some degree outpaced the business typical of 2.4%. Since a comparable quarter one year sooner, earnings fairly extended by 4.7%. Advancement in the association's pay appears to have helped bolster the benefit per share.
Regardless of the way that AAPL's commitment to-esteem extent of 0.14 is low, it is correct now higher than that of the business typical. Nearby the great commitment to-esteem extent, the association keeps up an adequate expedient extent of 1.32, which depicts the ability to keep up a key good ways from transient cash issues.
The entry on worth has improved to some degree when stood out from a comparable quarter one year sooner. This can be interpreted as an inconspicuous quality in the affiliation. Right when diverged from various associations in the Computers and Peripherals industry and the general market, APPLE INC's landing on worth outperforms that of the business ordinary and basically outperforms that of the S&P 500.
43.45% is the gross in general income for APPLE INC which we consider to be strong. It has extended from a comparable quarter the previous year. Close by this, the net income of 22.39% is over that of the business typical.
Net working pay has insignificantly extended to $13,538.00 million or 8.26% when appeared differently in relation to a comparative quarter a year back. Additionally, APPLE INC has moreover unassumingly outflanked the business typical pay advancement pace of 5.45%.