Apple stock has had a tough 2024 so far, declining by about 10% year-to-date, underperforming its big tech peers as well as the Nasdaq-100, which has gained about 9% over the same period. So what are some of the reasons for the decline in Apple stock? The biggest concern appears to be surrounding iPhone demand in China, the world’s largest smartphone market. Per Counterpoint Research, iPhone sales in China declined by 24% over the first six weeks of 2024, compared to the Chinese smartphone market which declined by 7% over the same period…Read More