Apple CEO Tim Cook
Apple CEO Tim Cook delivers his keynote address at the World Wide developers conference in San Francisco, California June 2, 2014. Reutes/Robert Galbraith

Apple shares took a dip on Tuesday following Credit Suisse's lower earnings expectations. Analysts also warned of slowing earnings contributing to grimmer outlooks to the tech giant's stocks. Is Apple in a rut?

Credit Suisse reduced Apple's earnings per share estimate to 6 percent for 2016.

“[The] iPhone supply chain orders have weakened recently,” and that the company “has lowered its component orders by as much as 10 percent, according to our teams in Asia," the analysis reads. Apple's stock took a drive at US$116.07 (AU$162.55) under the New York Stock Exchange before it closed at US$116.77 (AU$163.53).

It emphasised that decreasing demand for the iPhone 6s is a red flag for Apple. “...as overall builds are now estimated to be below 80 million units for the December quarter and between 45-50 million units for the March quarter,” it noted.

Investorplace's Sam Collins thinks that that Apple's stock decline had a negative psychological impact on the entire market. Apple suppliers also took a hit: Cirrus Logic, Inc. dipped 8.6 percent, Avago Technologies Ltd dropped 5.3 percent, Broadcom Corporation lost 3.3 percent and PHLX Semiconductor dove 1.8 percent.

Apple became Dow's biggest loser as the company faced increasing concerns on softening iPhone 6s and iPhone 6S plus units. The Motley Fool pointed out how a single product is affecting Apple's overall business. The iPhone growth accounted for as much as US$51 billion (AU$71.42 billion) of sales gains in the past four quarters. However, it is also not yet far out for Apple as supply chain rumours do not determine global sales accurately. Investors should still be better off waiting for Apple's final call before any addressing concerns. The company is investing in other products which may impact the company’s future. Nonetheless, iPhone 6s and iPhone 6s Plus numbers are not yet finalised, giving Apple the window to close in on any gaping matter.

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