Fact Check: "Apple's stock down 19% this year, missing out on tech rally."
What We Know
The claim that "Apple's stock is down 19% this year" requires careful examination. Recent reports indicate that Apple shares have indeed experienced significant declines. For instance, as of early April 2025, Apple shares fell more than 9% in a single day due to market reactions to proposed tariffs by the Trump administration, which negatively impacted the tech sector overall (source-2). Furthermore, reports from May 2025 suggest that Apple's stock was down approximately 21% for the year at that time, while the S&P 500 was down only 3.3% (source-6).
However, the specific claim of a 19% decline lacks a precise timeframe and context, making it difficult to verify without additional data. The overall trend indicates a downward trajectory, but the exact percentage may vary depending on the date of reference.
Analysis
The evidence presented shows that Apple has faced a notable decline in its stock price, particularly in the context of broader market trends influenced by external factors like tariffs. The 9% drop in early April was part of a larger sell-off in tech stocks, which saw significant losses across the board (source-2).
Additionally, the mention of a 21% decline in May indicates that the stock's performance has been consistently poor throughout the year (source-6). However, the claim of a 19% decline specifically may not be accurate as it does not align with the reported figures from various sources, which suggest a higher percentage loss.
The reliability of the sources used is generally high, with established news organizations like The New York Times and Morningstar providing the data. However, it is essential to note that stock prices fluctuate frequently, and the percentage change can vary based on the specific day or period referenced.
Conclusion
Needs Research. The claim that "Apple's stock is down 19% this year" is partially supported by evidence indicating a significant decline in Apple's stock price. However, the exact percentage may not be accurate, as other sources report a decline of around 21%. More precise and current data would be needed to definitively validate the claim.
Sources
- Wall Street ends higher with Apple shares as investors ...
- Apple Plunges 9%, Leading a Tech Sell-Off
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