Investors have viewed Apple stock as a potential safe haven, but this perception no longer holds true.
Apple is facing significant headwinds, including tariff uncertainty, challenges with artificial intelligence, and risks associated with its partnership with Google.
Shares of Apple have dropped 13% this year, and the stock is currently expensive and lacking growth catalysts.
The release of the AI-infused Siri digital assistant has been indefinitely delayed, further highlighting Apple's struggles with cutting-edge technology.