Apple Revenue Declines for the First Time Since 2019. Time to Sell?
The largest company in the world by market capitalization, Apple (NASDAQ: AAPL), reported a troubling metric during its latest earnings report: declining revenue. What makes this so significant is that it hasn't reported a quarter where this happened since 2019, making investors ask the obvious question: Is it time to sell Apple stock? Since the start of 2023, Apple's stock has been on a tear, up nearly 19%.