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The share price does not reflect the fundamentals of a company, that's obvious, it reflects sentiment.
Apple has a ton of cash, good revenue growth, great margins. I'm not sure what type of analysis of a company would indicate this as broke.
Take out what you think of the products because that is sentiment. Take out what you think of their business practices, that is sentiment. Take out what you think of Jobs, that is sentiment.
Look at the balance sheet, historical performance for the past 5 years and then decide if its broke.
I say this as an iOS and android user. It's just stuff. Boring business stuff for me mostly.
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