Apple losing its shine?

From CNN

I have posted an article regarding the $41.7 billion Net Income that Apple has made in 2012.  From a high of $700.00 per share price,  its share price has dropped $497.00, below the $500.00 psychological price.

Its price in September made the Apple market cap the biggest in US.  (It became the most valuable company in the US)  But 3 months after, the price has dropped by 25%.  What are the reasons?  That the Android phones have outsold apple 7 to 1.   And that Apple may have overproduced.

Is Apple losing its bite....?