The company has made headlines in the wake of disappointing quarterly results and developments in its Activision Blizzard acquisition. Read More...
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Is Now the Right Time to Buy Apple Stock?
Apple (NASDAQ: AAPL) has been an investor safe haven throughout 2022 as various tech stocks have plummeted, but the iPhone manufacturer has been comapratively unscathed. While companies such as Microsoft, Alphabet, and Advanced Micro Devices have seen their share prices fall between 30% to 58% since January, Apple’s stock has dipped a more moderate 14% year to date. The stock market sell-off has resulted from reduced consumer spending thanks to rises in inflation and interest rates.
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