The “Magnificent 7” have held up better than many investors expected through a choppy stretch in the market, and Apple (AAPL) is no exception. The stock climbed in late 2025 on the back of strong iPhone sales, but 2026 has started on a softer note. Concerns around the delayed foldable iPhone and a lingering chip shortage have kept sentiment somewhat restrained in the near term.
Still, the long-term setup remains intact. Wedbush Securities turned more constructive on Apple after pointing to a positive signal in the company’s Mac lineup. Lead times for the Mac mini and Mac Studio now stretch weeks, and in some cases months, after orders are placed. Wedbush said that is a good sign, since it suggests demand is running ahead of supply.
