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Apple Stock is a Top Holding in These Tech ETFs [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
expectations, increased competition and increasing perceptions that it is not as innovative as it once was. APPL stock rose 3% on Monday amid investor hopes that the Cupertino, Calif.-based company would build on the same artificial intelligence momentum that has recently swept Microsoft and other tech firms upward. But AAPL is down nearly 12% for the year. This poor performance has been a drag on many tech-focused exchange-traded funds this year. For example, the Vanguard Information Technology ETF (VGT) started the week up a modest 4.4% year-to-date, which lagged the 7.3% gain on the SPDR S&P ETF Trust (SPY) Why Is AAPL Stock Down in 2024? Apple, Inc. (AAPL) stock is down in 2024 for many reasons. Here's a breakdown of some potential factors that some analysts say are contributing to the stock price decline: Missed growth expectations: While Apple maintains a massive installed user base, its product sales, particularly iPhones, were down 19% in the first three months of 20
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