Apple Is Changing What It Means to Hold AAPL Stock

Earlier this week, tech juggernaut Apple Inc. singlehandedly sent the entire stock market reeling when it reported a second-quarter miss in earnings and revenue. It was the company's first revenue decline in 13 years. The disappointing reports listed falling iPhone shipments, which are down some 16% year on year, and 26% fewer sales in the massive and, for Apple, critical Chinese market. The strong dollar isn't helping Apple's performance there, either. It's only the latest victim of the "earnings recession" we're almost certainly enduring right now. Don't get me wrong: Apple is still a great company and a must-have stock. But here's the thing... the very nature of what it means to be an Apple shareholder is changing, and the company is in the midst of what I think is a misstep right now. Here's what I mean... Tags: Apple stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Apple Is Changing What It Means to Hold AAPL Stock appeared first on Money Morning - We Make Investing Profitable .
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