Yes it has.
It's gone from a high of 133 last year to 100 today.
That's the thing I'm not getting about this: Apple's stock is down like 20-30% from where it should be.
The Apple Watch has been a bit pathetic: they marketed is as a luxury fashion device, and sales haven't been good. They've been having massive flash sales which is something Apple NEVER do. That $50M Mrs Ahrendts got probably compares favourably to total watch revenues. The app development platform is so limited that basically nobody cares about it now; you don't have the tools to be creative.
The AppleTV was similarly disappointing. The future is Apps... That somebody else will hopefully make using yet another half-baked and very limited platform. Less limited than the watch, but still not a great enabler of creativity. No content push, and that might explain why I don't actually watch anything with it.
Both of those products were apparently multi-year projects where Apple waited to "get it right", and on neither occasion would I say they did. Apple usually has lots of style, but also the substance of a good and imaginative product underneath it. This year they didn't - they just had style, and when you fail to back it up it looks like arrogance.
That's not to mention the new MacBook: I don't like it. The 1 USB thing is trying to make a statement at the expense of practicality, and the new keyboard is horrible.
Oh yes, and there were new 'Magic' accessories. Prices you just frankly will not believe; long-requested requests like backlighting and TouchID ignored.
The only thing that kind of worked out for them last year is that the public didn't immediately dismiss 3D Touch as a gimmick -- they see some kind of vague value there, so that was some good (not amazing) news for the iPhone 6S.
As a shareholder, I think they screwed up 2015. The products were mediocre across the board. A company like Appoe needs to at least be seen as the best, and when they put out products like they did this year I fear that perception will sink. 2016 could be a make-or-break year for Apple: if the Watch and AppleTV don't become great products, they're going to quickly turn from creative geniuses to arrogant morons in the minds of the public.