Apple’s Performance Diverges from Tech Peers
Apple Inc. (NASDAQ: AAPL) has shown a significant divergence from other tech stocks, with its share price up approximately 17% over the past six months, compared to the Nasdaq-100’s 8% increase. Key AI stocks like Nvidia and Microsoft have experienced gains of 8.5% and losses of 22%, respectively. Recent Bloomberg research indicates a decrease in Apple’s correlation with the Nasdaq-100, reaching its lowest level since 2006, suggesting it may be less impacted by fluctuations in the broader tech sector.
In its latest quarterly results released on January 29, Apple reported a 23% year-over-year increase in iPhone net sales and a 16% rise in overall revenue. The company plans to host a product launch event on March 4, with expectations of introducing new offerings, including a low-cost MacBook and a budget-friendly iPhone model in 2026, that could bolster its market position and support continued growth despite current AI market volatility.
