Apple Inc. (NASDAQ:AAPL) declared Monday a total of three million iPads was sold in just three days since the release of its most recent iPad® mini and fourth generation iPad, twice as compared to the prior first weekend target of 1.5 million Wi-Fi only models sold for the third generation iPad in March. The Wi-Fi + Cellular versions of both iPad mini and fourth generation iPad are set to ship in a few weeks in the United States and in many more countries later this year.

Tim Cook, Apple (AAPL)’s CEO said customers across the globe love the new iPad mini and fourth generation iPad, adding that, they marked a new launch weekend record and practically sold out of iPad minis. What the new iPad mini include is a stunning 7.9-inch Multi-Touch™ display, FaceTime® HD and iSight® cameras, ultrafast wireless performance* and an incredible 10 hours of battery life**. On the other hand, the new fourth generation iPad has features including a gorgeous 9.7-inch Retina™ display, new Apple-designed A6X chip, FaceTime HD camera and ultrafast wireless performance.

Where the stock is moving now?

Shares of Apple traded down -3.31% during last trading session, closing at $576.80. The share price of AAPL traded Friday in a range of $574.75 to $596.95. The company now has a market value of $542.59 billion.

Is current price trend good or bad?

The stock, after recent close, is -12.28% down their SMA 50 and 18.19% off the 52-week high. The worst hit in its 52 week range is $363.32 per share, with $705.07 as its 52 week best price that compares with a latest closing price of $576.80. Its most recent closing price has a distance of -8.48% from SMA20 and is -1.88% down than SMA200.

Now compare performances of this stock in different time periods.

With recent decline, the year-to-date (YTD) performance reflected a 43.03% gain above last year. During the past month the stock dropped -12.78%, bringing three-month performance to -4.69% and six-month performance to -0.44%.

How much risky is this stock?

For this company, beta value at 1.21 represents it is more volatile to the shift in the market. If we take a look on its volatility, 2.88% was seen in a week and for the month it was 2.47%.

Not enough? See what Wall Street analysts think about this company.

For the stock, mean recommendation this week is 1.8. Sharing price target summary; nearly 47 brokerages have a mean PT as $767.40 and median PT of $770.00 while the highest price target set by those rating agencies was $1,111.00 and lowest PT was $270.00.