NEW YORK (TheStreet) -- Shares of Apple (AAPL) fell 2.03% to $99.68 in morning trading Thursday after the tech giant pulled its iOS 8.0.1 update after numerous complaints from iPhone 6 and iPhone 6 Plus users.
The update reportedly caused drops in cellular service and problems with the Touch ID function on the phone. Apple announced it would release iOS 8.0.2 in a few days to fix the problem.
The company is also dealing with a PR problem in what social media has dubbed "Bendgate." Many iPhone 6 Plus owners have complained that the phone with the 5.5-inch screen bends if left in their pockets for a while. Many Twitter users and even some companies piled on the jokes with #Bendgate on Wednesday.
Finally, The Daily Dot reports Apple knew about security flaws that left users' personal data in the iCloud vulnerable back in March, according to leaked emails between the company and security researcher Ibrahim Balic.
The London-based Balic reportedly told Apple he had found a way to infiltrate iCloud accounts. The emails were sent months before the major leak of celebrity nude photos that occurred in August.
Separately, TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."