I think it's still too early - economies are only just entering recession and profits and revenues will really start declining now for many companies.
GOOG stock was always overvalued - it's fallen from ridiculous heights but probably still is over valued. Apple also saw really big rsies last year and is dropping on lack of big product announcements I think.
Either way, I'll be surprised if either of these makes for a big upturn over the coming year.
That's just my 2c though.