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Apple Inc. (NASDAQ:AAPL)

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What does Apple Inc. (NASDAQ:AAPL) do?

Apple Inc. (NASDAQ: AAPL) is one of the largest companies in the world thanks to its uber-popular consumer electronics like the iPhone, Macbook, and iPad. Over the years, Apple has moved into the services space with offerings such as iCloud, Apple Music, Apple News and Apple TV+ increasingly gaining traction.

Apple Inc. (NASDAQ:AAPL) price chart

Apple Inc. (NASDAQ:AAPL) stock price analysis

S&P/ASX 200 (XJO) just had its worst week in 2 years, now what?

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) just capped off its worst week since March 2020, falling 1.8 per cent on Friday and dragging the ASX200 down 6.6 per cent for the week. The 6.6 per cent fall in the ASX 200 followed a 4.2 per cent drop in the prior week which now has the index nearing a bear market.

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australian shares report graphic

CRUNCHED: The ASX 200 is down, but it’s not out

On Wednesday, the Australian share market, or S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO), hits its lowest level since 2020. Overnight, however, a firm 0.75% increase in US interest rates allowed the US stock market to bounce 1.5%.

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S&P/ASX 200 (XJO) just had its worst week in 2 years, now what?

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) just capped off its worst week since March 2020, falling 1.8 per cent on Friday and dragging the ASX200 down 6.6 per cent for the week. The 6.6 per cent fall in the ASX 200 followed a 4.2 per cent drop in the prior week which now has the index nearing a bear market.

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