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Are Apple's glory days behind it? That's probably a stretch. But Wall Street clearly is getting more worried about the company's reliance on the iPhone to generate sales and profit at a time when demand for the newer phones appears to be subpar.Shares of Apple (AAPL) fell 3% Wednesday and that was one of the big reasons why the Dow, which includes Apple, fell 300 points. Apple's stock briefly dipped into bear market territory, meaning it was down more than 20% from its all-time high.The reason for the Apple slide? Several companies that produce chips and other components used in iPhones have all issued gloomy forecasts recently, citing sluggish demand for higher-end smartphones.Although none of these companies, which include Qorvo (QRVO), Lumentum (LITE), Japan Display and IQE, have named Apple as the source of their woes, they are all Apple suppliers.But it may not be time to throw in the towel on Apple just yet, even though some analysts are cutting their price targets and earnings estimates due to concerns about soft sales for the newer iPhone XR, iPhone XS and iPhone XS Max.Apple's stock is still up more than 10% this year, making it one of the better performers in the Dow. The company is still worth nearly 0 billion. It remains the most valuable company in the world.Apple also continues to pay a solid dividend that yields 1.5% -- and the company is likely to keep raising its dividend thanks to its cash stockpile of 7.1 billion.What's more, Apple's earnings are expected to increase by more than 13% this fiscal year and keep growing at about a 12% clip annually, on average, for the next few years.So predictions of an Apple iPocalypse, if you will, may be premature. But it does seem like the company needs a new product to get consumers and investors excited again.Perhaps Apple needs to take a cue from the movie "This Is Spinal Tap" and release a new iPhone that goes to eleven. But would it be the iPhone 11 or iPhone XI? 1969

Arizona officials have certified Joe Biden’s narrow victory over President Donald Trump in the state.Democratic Secretary of State Katie Hobbs and Republican Gov. Doug Ducey defended the integrity of the election even as lawyers for Trump were across town Monday arguing, without evidence, to nine Republican lawmakers that the election was marred by fraud.Lawsuits and legal action taken by the Trump campaign did not go far in Arizona, in at least one instance, the lawyers dropped a case seeking a recount of Election Day ballots. At Monday's certification event, Ducey said, “We do elections well here in Arizona. The system is strong.”Biden won Arizona by 0.3% of the nearly 3.4 million ballots cast, a margin of just under 10,500 votes. He’s the second Democrat in 70 years to win the state. Arizona's 11 electoral college votes will go to Biden.The certification also paves the way for Democrat Mark Kelly to take his seat in the U.S. Senate, formalizing his victory in a special election to replace the late John McCain.Kelly is scheduled to be sworn in on Wednesday in Washington. 1097

An alleged sex-trafficking victim was able to escape her captors by jumping out of an 18-wheeler Wednesday night.The Cisco Police Department says around 9 p.m., officers responded to a call of a female who had been seriously injured near the Flying J/Denny's on IH-20.Police say the female injured herself after jumping from an 18-wheeler. She told officers she had been kidnapped in El Paso.It is believed that the perpetrators were going to use the female in sex trafficking operations.The Cisco Fire Department, Cisco EMS and DPS Troopers were also on-scene. The female was transported to a medical facility for treatment of her injuries.The 18-wheeler is described as a green truck tractor with a white stripe and pulling a white box-type trailer. It is occupied by three men.Another female is reportedly still in the truck and maybe in grave danger.A statewide broadcast was issued last night by Cisco PD in an attempt to locate the truck. As of publication, there has been no contact with the truck.Anyone with information is asked to contact local law enforcement at 254-629-1728. This story was first reported by Sydney Isenberg at KXXV in Waco, Texas. 1171

An Iowa family vacationing in Mexico was found dead Friday inside their condominium, according to police.The bodies of Kevin Wayne Sharp, his wife Amy Marie Sharp, their 12-year-old son Sterling and their 7-year-old daughter Adrianna were discovered during a welfare check by Mexican authorities at a vacation rental in Tulum, according to Mark Williams, chief dispatcher for the Creston Police Department in Iowa.A family member reported the Sharps as missing just after midnight, a news release from the police department said. Local police in Iowa made contact with the US State Department before Mexican authorities checked on the family at the coastal Caribbean condo, where they were found dead. 709

An Oceanside City Councilman is proposing a tax credit for companies who hire Oceanside residents and pay them at least ,000 a year.Councilman Christopher Rodriguez says he wants to reward Oceanside businesses who hire locally. The proposal, which the City Council will initially discuss Wednesday, would pay Oceanside companies ,500 for each new hire who lives in Oceanside and is paid that minimum salary. "It's a big problem, housing affordability in North County," Rodriguez said. "North County, Coastal Oceanside, we're up and coming. It's more expensive to live here for sure."Rodriguez said his proposal is a starting point and that he is willing to move on the numbers based on council feedback. If there is support, city staff could analyze the proposal and return in 120 days with a concrete plan.Business groups such as the Oceanside Chamber of Commerce expressed support for the plan. Peter Rodriguez, an operations manager at Beachfront Only, a vacation rental property management firm, said the credit could help his company. He says Beachfront Only often hires Oceanside residents because they are close to most of their properties. The company has two openings that pay about ,000 a year. "The ability to have one of our assistant managers down the street is kind of a selling point," he said, noting that he did not plan to specify Oceanside resident in a job ad. 1397

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