Apple shares have fallen 14% this year, according to Bloomberg. The drop has extended a slump amid concerns about slow growth, China risks, and AI struggles.
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00:00It's Benzinga bringing Wall Street to Main Street. Apple shares have fallen 14% this year,
00:04according to Bloomberg. The drop has extended a slump amid concerns about slow growth,
00:08China risks, and AI struggles. The stock is historically seen as a safe haven.
00:12It faces headwinds, including tariff uncertainty and a premium valuation relative to pairs.
00:17The company's lucrative partnership with Alphabet is also under scrutiny,
00:21and its AI efforts have lagged behind competitors. Some investors still see Apple as stable,
00:26while others are wary of its ability to overcome mounting challenges.
00:30Apple shares fell Thursday, hitting their lowest close since September.