The largest position in Warren Buffett's investment portfolio is (NASDAQ: AAPL). The Oracle of Omaha first took a position in the company in 2016. Due to generous returns over the years, Buffett's stake in Apple has ballooned to account for over half of his entire portfolio's value.

So far in 2023 Apple stock is up an impressive 42%. However, after the company's most recent earnings report, investors punished the stock for the company's less-than-stellar results.

While Apple's shrinking revenue is a legitimate concern, I believe the sell-off is overdone. Read on to see my analysis of Apple's earnings, noting both the highlights and lowlights. Moreover, using some valuation techniques, I'll show you why this could be a great opportunity to buy the dip. 

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Source Fool.com