It appears that Wall Street is still suffering from an Apple hangover.
Apple yesterday posted its fiscal first-quarter results and got hammered for it. Now it's the morning after, and investors are continuing to run for the hills. Shares are down more than 10 percent to $460.76, wiping nearly $50 billion off of its market value.
The results themselves weren't bad. In fact, they were quite good: record sales of iPhones and iPads, nearly $55 billion in revenue and $13.4 billion in profit.
But investors aren't looking at how Apple did, and instead are more interested in how it will do. It's here where the legitimate concerns of slowing growth begin to pop up. In particular, a new policy on a supposedly more accurate estimate range for revenue suggests that Apple won't be blowing away its projected numbers in the coming quarters.