Apple stocks fell to the danger zone Thursday and it's already starting to cost some real money from the investors. The company share is down at 2.1 percent or $2.53 to $120.06 per share — the lowest closing price in five months.

The other products (e.g. watches, payment service and music streaming) have already been broadened. However, the efforts are not enough because Apple Inc. is still dependent on the high-priced hardware.

Investors are setting their eyes on China, according to Americas Market. Analysts say that it is the next big region for growth since the other developed markets are now saturated.

Steven Milunovich, a UBS analyst, noted that China provided half of Apple's recent revenue growth that's why it got above the corporate margin.

In addition, the Cupertino-based company is also aiming to sell 85 million to 90 million of iPhone units by the end of 2015, News Lite has learned.

The company is confident that the change in hardware, even the minor ones, can attract consumers for an upgrade, thus, increasing the sales. This, in turn, can result in profit growth.  

Chuck Jones, one of Apple's share owners, discussed the reasons in a report posted on Forbes why Apple's stock has been weak. 

He cited that weakness in China's stock market as the first reason. He said that Shanghai's Composite Index dropped to 26 percent, and it has been below 30 percent over the past month.

Milunovich said that the sudden decline in the stock market may have less impact on sales. However, if it's occurring over a long period of time, it's something that needs to be kept an eye on and addressed.

Another stated reason for the fall of Apple's stock was the decrease in the demand of iPhones, which is from 50.3 million to 49.4 million, and Apple's online watches. It has been reported that Fitbit's online sales outsold Apple's by 850,000 to 777,700 in May.

The company is still receiving a 30,000-unit order per day, but this is said to be not enough.