The "Magnificent Seven" stocks, including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta (formerly Facebook), and Tesla, have seen a decline in their performance in early 2025.
Apple stock declined 2.5% on Friday, currently trading below the 200-day line.
Among the "Magnificent Seven" stocks, only Meta Platforms has shown positive performance for the year, with a gain of 14.1%.
Apple's earnings for the quarter ended December 28 were $2.40 per share on sales of $124.3 billion, representing a year-over-year increase of 10% in earnings and 4% in sales.