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With a market cap of $3.2 trillion, Apple Inc. (AAPL) is one of the world’s largest technology companies, renowned for its innovative consumer electronics, software, and digital services. Headquartered in Cupertino, California, Apple designs, manufactures, and markets products such as the iPhone, iPad, Mac computers, Apple Watch, and AirPods. Its software ecosystem includes iOS, macOS, watchOS, and services like the App Store, Apple Music, iCloud, and Apple TV+.
Shares of this tech giant have underperformed the broader market over the past year. AAPL has declined 1.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17.1%. Additionally, in 2025, AAPL stock is down 14.5%, compared to SPX’s 8.6% rise on a YTD basis.