Apple Shares Breaking Down

With eight trading days left to go in the month, it's pretty safe to say that June has not gone well for "the most important stock in the universe." At least that's how one friend of mine (OK, it was Macke) half-jokingly refers to Apple (AAPL).

Here are some stats to mull about the biggest technology and computer hardware company on Earth:

* Shares of Apple have fallen more than $50 since hitting an all-time high of $364.90 in mid-February. That's about $43 billion of evaporated market value -- or the equivalent of an Eli Lilly (LLY) disappearing into thin air. The slide to a seven-month low has not been abrupt or disorderly. In fact, there have been only three trading days since the February high that Apple dropped more than 2% in a single session.

* The stock has just broken below its 200-day moving average for the first time since September 2008.

* It is on track for its biggest one-month drop in three years.

* 94% of the 52 analysts who follow the stock currently rate it a buy, and it has topped EPS consensus estimates for at least 20 consecutive quarters and missed sales only once, according the FactSet data.