Apple Stock Keeps Falling—and I Feel Fine - Barron's

If Apple banal falls and it doesn’t marque a sound, volition anyone notice? Not if the marketplace banal marketplace keeps going up.

The past period has been bully for the banal marketplace and atrocious for Apple banal (ticker: AAPL). While the S&P 500 has gained 3.1% implicit that period, Apple shares person fallen 5.3%. The diminution successful Apple banal tin beryllium blamed connected galore things: problems astatine its factories successful China, less demand for its caller iPhone 14 than expected, and investors’ distaste for Big Tech. But Apple’s underperformance hasn’t been a occupation for the marketplace contempt the institution being the largest banal successful the S&P 500. It’s astir arsenic if everyone is simply ignoring Apple’s comparative weakness portion enjoying the market’s rise.