Well, for a while, it seemed the only direction for Apple was up on the NASDAQ. But the world's most valuable company has become marketly less valuable in recent months. We'll find out what's its earnings look like on Wednesday, but Maribel Aber is live at the NASDAQ to explain to us why investors are anxious. Come back a little bit this morning, Maribel, but was it still off 3 per cent?

That's right, Ali. More troubling signs for Apple, really. The Wall Street Journal says Apple sent word to suppliers in December that it would be reducing parts orders for the recently released iPhone5. And the reason here--weaker than the expected demand. Report says that Apple cut some orders in half from regional expectations so that really indicates sales about latest smartphone really have been as strong as Apple anticipated. And Apple's stock price peaked at about 705 here back in September. Check out this chart here, this morning, Apple is down 3.1 per cent, trading at 504.35 there. That's a big drop since September about 26 per cent from its peak. And Apple's felling a lot of heat from Samsung and other makers of smartphones.

Now when it gets to some other tech news here, we are gonna get earnings reports this week from Intel and Ebay. Ebay reports earnings on Wednesday and briefing.com expects Ebay to report earnings of 69 cents a share, so that would be up from 60 cents a year ago. Let's see how Ebay's doing. Right now it's down about 7, tenth per cent, to 52.32 there.

And Intel is out on Thursday. Briefing.com is forecasting earnings of 49 cents a share. That would be down from 68 cents a year ago and Intel is up by tenth per cent by 22.11.