The value of Apple shares are falling as part of a general US market slide prompted by credit fears.

The US market have taken a turn downwards since early August. Apple shares were worth $135.25 on 6 August, but had fallen to 117.05 by 16 August.

The computer companies stock took a significant hit because investors targeted the high-flying stock which has seen gains of about 34 per cent since the start of the year, claims Reuters.

American Technology Research analyst Shaw Wu said: "The stock's been a huge outperformer, and I think it's just [investors] taking some profits. It's probably one of the few names people have made a lot of money on.”