Apple's Stock Surged 50% Last Year. Now What? hocus-focus / iStock Unreleased via Getty Images Apple’s (NASDAQ: AAPL) stock was up 50% last year, against a rise of 21% by the S&P 500. In the process, it broke through the $3 trillion market cap barrier, making it the world’s most valuable public corporation. So far, 2024 has been a different story. Apple’s stock has dropped over 5% in just a few days.The success of the iPhone 15 fueled Apple’s run last year. It was released in September, as iPhones usually ...