Is Apple Stock In Trouble?
(NASDAQ: AAPL) has entered a rough patch. The smartphone and computer giant is down around 10% in the last 12 months, while artificial intelligence (AI) stocks are soaring.
Management has made some major missteps in virtual reality and false promises with its Siri and Apple Intelligence services. Revenue is growing slowly, and innovation seems to be lacking for this storied technology brand.
Is Apple in trouble? Here's why investors should be concerned about owning shares of this stock.
Source Fool.com
Apple Inc. Stock
€269.00
-7.060%
Currently there is a rather positive sentiment for Apple Inc. with 76 Buy predictions and 7 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 4.83% for Apple Inc. compared to the current price of 269.0 €.
