From Nasdaq: 2025-06-11 12:32:00

At Apple’s WWDC, new updates were introduced across major platforms like iOS 26 and watchOS 26, featuring a new software design made with Liquid Glass. Apple also unveiled new Apple Intelligence features and expanded services like AutoMix and Lyrics Translation in Apple Music. The company aims to enhance user experience and compete in the AI domain.

Despite the announcements at WWDC, Apple stock faces challenges from stiff competition and sluggish China sales. Tariffs imposed by the Trump administration have impacted Apple’s supply chain in China. However, strong Services growth has been a bright spot for Apple, with expanding content offerings driving subscriber growth.

Apple’s stock performance has been lackluster, with shares declining 19.1% YTD. The company’s fiscal 2025 earnings estimate has seen a slight decline, and the stock’s valuation is considered stretched at the moment. Apple’s shares are trading below the 50-day and 200-day moving averages, indicating a bearish trend that investors should consider.

While Apple’s Services business shows promise, the underwhelming performance of Apple Intelligence and stretched valuation are concerns for investors. With a Zacks Rank of #3 (Hold), it may be wise to wait for a more favorable entry point to consider investing in Apple stock. The company faces challenges in the competitive tech landscape, but its strong Services growth and innovative product updates could drive future success.



Read more at Nasdaq: Buy, Sell or Hold the Apple Stock Post the WWDC25 Announcements?