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Barchart
Barchart
Larry Ramer

Sonera Acquisition Bodes Well for Apple Stock in the Long Term, But Negative Catalysts Appear to Be Weighing on the Firm’s Performance

Apple John Ternus AAPL

Apple (AAPL) recently decided to buy startup Sonera, which has reportedly developed a neural-data technology tool. The move could boost Apple stock within the next few years and bodes well for the company's long-term outlook. In the medium term, however, AAPL stock is unlikely to surpass the returns of the Nasdaq-100 by a significant margin, as the company continues to face multiple, negative catalysts. Weaker-than-expected revenue-growth guidance for the current quarter also suggests that these factors are beginning to weigh on Apple's performance. Let's take a closer look.

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