Apple Stock Dropped 30% From Its High. History Says This Will Happen Next.
Apple (AAPL 2.19%) stock returned 30% in 2024, peaking around $259 per share in late December. Factors contributing to that upside included strong sales growth in the services business and excitement about new artificial intelligence (AI) features. But those bright spots have since been overshadowed by economic uncertainty and trade tensions. President Trump on April 2 outlined an aggressive slate of reciprocal tariffs that would take the average tax on U.S. imports to its highest level in a century. While ...