Apple shares fell more than 3 per cent on Thursday, wiping close to $23bn off its stockmarket value, as investors reacted to the "bendgate" and iOS 8 bug double whammy.
Yesterday, Apple made a rare apology over the iOS 8.0.1 software glitch, launching a second update to restore full functionality to the tens of thousands of affected phones, while playing down concerns about the "bendy" iPhone 6 Plus. But the statement failed to appease investors.
The stock closed at $97.87- below the psychological barrier of $100- after hitting a new all-time high of $103.74 earlier this month in anticipation of what some described as "Apple's next super cycle" following the launch of the iPhone 6 Plus and the Apple Watch.
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