The company that was once known for being at the forward edge of innovation has stumbled of late and caused concern about its ability to stay on top. There is a definite argument to be made that this perception creates a buying opportunity as shares dip lower. The counterpoint, however, is that with the overall market touching new highs with some regularity, a correction in the broader market is due. Apple Inc. (NASDAQ:AAPL) doesn’t appear strong enough as things stand to buck the general trend, meaning that weakness in the overall market will pull down shares as well. Apple currently looks interesting, but caution is appropriate with the underlying conditions that exist today.
The article Why Is Apple Sliding Again? originally appeared on Fool.com and is written by Doug Ehrman.
Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, Inc. (NASDAQ:AMZN), Apple, and Google and owns shares of Amazon.com, Apple, Google, and Microsoft.
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