Stock FAQs

why is apple stock tanking today

by Torrey Breitenberg II Published 3 years ago Updated 2 years ago
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Is China the biggest threat to Apple stock?

Trouble in China has been a threat to Apple for some time. It’s the reason activist investor Carl Icahn pulled out of the stock in 2016, despite making over $3.4 billion investing in Apple in a short space of time.

Is Apple immune to the tech stock sell-off?

So much for being immune to the tech stock sell-off. The stock of Apple ( AAPL -2.69%), which earlier this year largely held its value while peer techies fell in price, couldn't escape the trend on Wednesday. The company's shares lost more than 5% on some scraps of bearish news.

Could Apple stock head to $225?

The most bullish analysts say that Apple could head to $225 per share, under the rosiest scenario. The most bearish of them says “not so fast”, and sees 35% downside risk. Who will be proven right?

What happened to big tech stocks in April?

Stocks sank on Friday, ending what has been a miserable month for markets, especially for Big Tech. The Dow Jones Industrial Average lost nearly 1,000 points, while the S&P 500 lost more than 3%, with both indexes posting hefty losses for April.

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Why is Apple stock price dropping today?

Apple (NASDAQ:AAPL) stock has been falling along with the rest of the market due to macro concerns and a mixed Q2 earnings report. Most of these concerns - like a recession weakening consumer demand - are temporary, and I expect Apple to deliver solid blue chip-like returns in the coming decade.

Is Apple a good stock to buy right now 2021?

The data suggests that buying AAPL on any random date has produced solid annual returns of 34% through 2021. But when bought in a 15%-plus drawdown like the current one, the average gains have been an even better 40% per year.

Is AAPL still a good buy?

Apple has bought back an average of about 5% of its stock each year over the last five years. Apple Valuation also appears reasonable, relative to historical levels. The stock trades at a forward P/E of roughly 23x currently, down from around 31x in 2021 and 38x in 2020.

Will Apple stock go back up?

Apple stock predictions 2025-2030 The stock was a 'buy', according to the consensus views of 32 analysts compiled by MarketBeat as of 5 May, who predicted it could rise almost 15% to $190.59 over the coming year to May 2023.

Is Apple a Buy Hold or sell?

Apple has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 23 buy ratings, 8 hold ratings, and no sell ratings.

What will Apple be worth in 10 years?

The Bottom Line Assuming 18% compound annual growth over the next decade, your $10,298 investment in Apple would be worth $53,898.

What is the forecast for Apple stock?

Stock Price Forecast The 39 analysts offering 12-month price forecasts for Apple Inc have a median target of 190.00, with a high estimate of 219.94 and a low estimate of 145.00. The median estimate represents a +44.45% increase from the last price of 131.53.

Should I put all my money in Apple?

Apple has historically been a good performer, and the analysts seem to agree that the stock is worth buying. But any single stock can be volatile, and you should look at each purchase in the context of your entire portfolio. Apple is a large-cap stock in the technology sector.

What is Apple target price?

Stock Price TargetsHigh$219.94Median$190.00Low$145.00Average$186.26Current Price$131.56

Is Apple overvalued?

As of this writing, we think Microsoft's stock is about 23% undervalued, while Apple's stock is 14% overvalued.

Is Apple a safe stock to invest in?

Overall, it's safe to say that Apple's stock is not cheap, but no one can fault an investor willing to pay a premium price for a quality business. For those investors, Apple stock could be a buy right now.

Is Apple a good investment 2022?

Apple trades at about 30x our projected 2022 EPS, up from just about 11x in 2016 and around 22x in 2019. We value Apple stock at about $159 per share, marking a discount of about 11% from the current market price.

What happened

Tech investors are picking Apple ( AAPL -0.94% ) shares Wednesday morning, and as of 11:40 a.m. ET the stock is up a solid 2%.

So what

If you recall, it was only late last month that investor TFI Asset Management broke the story that Apple is working on a new augmented reality headset featuring "the same computing power level as the M1 for Mac" -- such that the AR headset could probably operate as a stand-alone device and not need to be linked to an iPhone to function.

NASDAQ: AAPL

Investors flocked to the news, and Apple stock is up more than 11% in the two weeks since these rumors surfaced. Late last night, though, MacRumors reported that Apple not only has one AR device in the pipeline, but is actually working on a second.

Now what

Now admittedly, so far this is only a rumor. Also, the source of this rumor is the same as the source of the original report -- TFI Asset Management analyst Ming-Chi Kuo -- so you can't necessarily take today's news as confirmation of the November report; there's only a single source.

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Where are Apple products made?

While President Donald Trump previously suggested Apple’s products — which are largely made in China — would be spared, this week he suggested otherwise. A 10 percent import tariff on iPhones would likely be passed along to consumers, making already-expensive devices even pricier.

Does Apple focus on businesses?

Apple doesn’t focus on businesses. While Apple has made inroads into some businesses, it’s always been a company that’s more about regular consumers. Right now, FAANG stocks are all being punished — but those which focus on businesses are suffering less of a drop than those which focus on the consumer market.

Is Apple in trouble in China?

Trouble in China has been a threat to Apple for some time. It’s the reason activist investor Carl Icahn pulled out of the stock in 2016, de spite making over $3.4 billion invest ing in Apple in a short space of time. Apple’s problems in China have included everything from being booted off the list of approved state purchases to the rising threats of rival companies like Huawei and Xiaomi.

Will iPhone replacement rates be low in 2021?

As a result, iPhone replacement rates should be low in 2021. Still on the same subject, Goldman projects ASP (average selling price) to come down this year, as buyers shift to cheaper models like the iPhone 12 mini and the iPhone 11.

Is the iPhone 12 going to be low in 2021?

According to the research shop, the iPhone 12 resembles a “redesign cycle” rather than a more meaningful “5G super cycle”. As a result, iPhone replacement rates should be low in 2021.

Is Apple Maven upside or downside?

Still, the Apple Maven sees more upside to investing in Apple at current levels than downside risk. In addition to the bullish points on the business fundamentals, the valuation floor and dip-buying opportunity increases the probability that an investment in Apple today will pay off in the long term.

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