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AAPL ~ Apple stock could fall 40%: Dohmen analyst

(9:35 AM ET) MADRID (MarketWatch) -- Apple Inc. AAPL +0.41% shares could see a near-40% fall following disappointing earnings reports, said Bert Dohmen, president and founder of Dohmen Capital Research Institute, in an interview with CNBC on Monday. Declining profit margins and a lack of technological innovation are behind his call. "Apple hasn't had any technlogical innovations since Steve Jobs left, and this is a company that's getting beaten by its competitors," Dohmen said. "Now, we hear the next big item (iPhone 6) is going to have a larger (screen) size. Samsung has had that for two years." Dohmen said they have been recommending investors don't buy the stock since six days after the top at $705 in September last year.