Apple Isn’t Priced for a Recession

The “new” Apple isn’t actually new. But it’s new sufficient that the 46-year-old firm’s trendy incarnation has but to see its resilience actually examined by a international recession.

Investors at the moment aren’t baking one in. Apple’s share value has certainly taken a hard hit over the previous few months, together with the rest of the tech sector. But it has nonetheless outperformed the Nasdaq and most of its tech friends this yr, and is likely one of the few amongst them in optimistic territory for the previous 12 months.