AAPL Apple Inc

Investors are bracing for more trouble as the aggressive rate hikes by the Federal Reserve to tame inflation are expected to push the U.S. economy into recession. The S&P 500  (SPX) and NASDAQ 100 (NDX) have declined 23.3% and over 31% year-to-date, respectively. While many tech stocks have been clobbered this year, Apple's (NASDAQ:AAPL) stock has shown some amount of resilience and is down 15% year-to-date. Most Wall Street analysts remain bullish about the tech giant based on its strong track record, continued innovation, and progress into new growth areas like fintech. Apple is Well-Positioned for Long-Term Growth Apple’s Q3 Fiscal 2022 (ended June 30, 2022) revenue increased 1.
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