Apple has been the worst Big Tech stock lately. Here’s why investors are missing the big picture.

Apple’s stock has sold off on tariff fears, but the company has a healthy business underpinned by a sticky ecosystem and robust array of services offerings

Published: May 24, 2025 at 8:30 a.m. ET

One thing Apple users can agree on is that it’s hard to imagine trading an iPhone or a MacBook for a Samsung smartphone or a Lenovo laptop. That’s probably the biggest thing Apple has going for it amid the tariff noise.

Yet Apple Inc.’s stock AAPL has been under pressure lately. As large technology stocks have roared back in May, Apple shares have missed out. The stock is down 8% so far this month. It’s the only member of the “Magnificent Seven” that’s in the red over that period, according to FactSet data. It’s also the worst-performing stock of the bunch on a year-to-date basis, down 22%.