$Apple(AAPL)$ Apple hit peak of 179.45 in December of 21. Ultimate definition of dead money. The PE is higher today relative to S&P while growth is dead, projected to recover to only 2% in 2025. How can a company sustain a 40% decline in sales of a product that represents 9% of total revenue without its stock correcting sharply to the downside? And the recession is yet to come. Go figure. 8756 reasons to go down, only one or two to rally.
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