Apple’s shares took a turn for the worst today in after hours trading, falling nearly 11%. First, Jobs failed to enlighten Apple fans with the Mac Air Notebook. Then Apple said they expect weaker outlook for the second quarter placing huge weight on the stock. For a long while, Apple seemed to be a safe haven for investors in this wide market—not anymore.

Apple forecast profit in the second fiscal quarter of 94 cents per share, far short of the $1.09 per share that analysts were expecting. Revenue is also expected to be lower, coming in around $6.8 billion, compared with the $6.99 billion forecast by analysts.

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