Apple (AAPL) stock has sagged lower alongside the rest of the market amid a renewed fear of rate hikes, inflation, and a coming economic slowdown. While the macro picture has gotten a lot weaker in recent months, one can't help but notice that Apple has pulled the curtain on many disruptive innovations. Some of these innovations are more than just intriguing concepts. They're potential cash cows that could fuel the next leg of earnings growth. Even if the U.S. economy is bound to fall into a recession in 2023, Apple has a lot of catalysts up its sleeves that could offset economic pressures on the horizon.
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