Down 19% This Year, Has Apple Stock Become a Bargain Buy?
Apple (AAPL -0.27%), the $3 trillion tech behemoth, faces a paradox. Despite its entrenched ecosystem and 1.5 billion iPhone users, shares have slumped 19% year-to-date. Warren Buffett's "best business" is stumbling in the AI arms race, delaying feature rollouts that could revive upgrade cycles.
Q2 earnings revealed a 10% revenue bump—a rare bright spot—but growth concerns persist. The market questions whether Apple's valuation reset presents a buying opportunity or reflects deeper structural challenges. With AI integration lagging behind peers, investors weigh the stock's defensive qualities against its innovation premium.