Apple YTD part deux

The stock has been flat the whole year, and only moved this past week thanks to the US$100 billion investment announcement by the president of the United States.

Chart: Year to date performance of Apple (AAPL) stock

THE MAGNIFICENT SEVEN

Now let’s zoom out and compare it against the rest of the market.

Chart: Year to date performance of Apple (AAPL) stock, compared to other tech stocks

As we can see, Apple has underperformed if we compare it to Oracle (ORCL), Broadcom (AVGO), Nvidia (NVDA), Meta Platforms (META), Amazon (AMZN), Alphabet (GOOGL), and even Microsoft (MSFT) has performed better than Apple.

Microsoft has performed better, let that sink in for a second. The company run by Satya Nadella, which shamelessly, without any shame or regard for the user, has put ADS(!) in Windows 11, is doing better than the company focused on privacy and user experience. And also Meta outperformed it, which we know is run by Mark Zuckerberg and the less we say about them the better.

If you bought shares by any of these companies you’d be up.