Apple (NASDAQ: AAPL), one of the world’s most valuable companies with a $3 trillion market cap and over 1.5 billion iPhone users, has seen its stock drop 19% this year amid AI rollout delays and weaker product upgrades.
Apple Stock Drops 19% Despite Strong Sales – What’s Going On?
Despite a recent 13% spike in iPhone sales—likely driven by tariff fears rather than innovation—investors remain cautious. While Apple’s fundamentals remain strong with over $400 billion in annual revenue and solid profit margins, concerns about future growth and valuation linger.
Although analysts project a potential 17% upside, many believe the stock isn’t cheap enough to justify a buy amid current economic uncertainties.
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