{"id":39992,"date":"2025-05-23T11:35:05","date_gmt":"2025-05-23T11:35:05","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/23\/apple-stock-under-pressure-will-ai-glasses-make-a-difference\/"},"modified":"2025-05-23T11:35:05","modified_gmt":"2025-05-23T11:35:05","slug":"apple-stock-under-pressure-will-ai-glasses-make-a-difference","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/23\/apple-stock-under-pressure-will-ai-glasses-make-a-difference\/","title":{"rendered":"Apple stock under pressure: Will AI glasses make a difference?"},"content":{"rendered":"<div><\/div>\n<p>Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. It remains in a deep bear market after falling by over 20% from the highest level this year, and has also formed a death cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) crossed each other.<\/p>\n<h2 class=\"wp-block-heading\">Will AI glasses save Apple stock?<\/h2>\n<p>Apple stock price has crashed in the past few months as concerns about its business continue. The company\u2019s flagship product, the iPhone, has largely peaked, with its annual sales falling.&nbsp;<\/p>\n<p>Apple has also lost the artificial intelligence (AI) race and has even been sued for false promotion. The lawsuit alleges that the company\u2019s presentation, when showcasing the features, misled consumers.<\/p>\n<p>Apple has responded by replacing its top leaders and committing to more innovation to boost its business.&nbsp;<\/p>\n<p>One of these innovations is that the company hopes to launch <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-05-22\/apple-plans-glasses-for-2026-as-part-of-ai-push-nixes-watch-with-camera?srnd=homepage-americas\">smart glasses<\/a> at the end of the year, mirroring Google\u2019s strategy in its <a href=\"https:\/\/invezz.com\/news\/2025\/05\/21\/warby-parker-stock-price-analysis-will-the-wrby-surge-continue\/\">partnership with Warby Parker<\/a><strong>. <\/strong>It is also aiming to emulate Meta Platform\u2019s partnership with Ray-Ban.\u00a0<\/p>\n<p>Apple also hopes to incorporate AI search on its platform, a move that may see it ditch Google as the main search provider. Such a move would save it over $25 billion that it pays Google annually.&nbsp;<\/p>\n<p>The fact that Apple has failed to create usable AI products has baffled investors who cite its balance sheet and talent. In contrast, Elon Musk\u2019s xAI built Grok, a platform that has become the biggest threat to ChatGPT.&nbsp;<\/p>\n<p>Launching AI glasses will likely be a niche product as its Vision Pro did. Launched with pomp and color in 2023, the glasses have not become popular.&nbsp;<\/p>\n<h2 class=\"wp-block-heading\">Apple\u2019s slow growth&nbsp;<\/h2>\n<p>The most recent financial results showed that the company is not growing as it did in the past. Its revenue rose to $95.3 billion in the first quarter, up by $5 billion from the same period last year.&nbsp;<\/p>\n<p>This growth was spread across the product and services segments. Product sales rose to $68 billion, while the services made $26 billion.&nbsp;<\/p>\n<p>The services segment is made up of top services like Apple Pay, Apple Music, Apple TV+, Apple Arcade, and Apple Fitness.&nbsp;<\/p>\n<p>Apple has long hoped that the services segment will become a major part of its business. While it has achieved that so far, the segment lacks any clear catalysts to propel its future growth.&nbsp;<\/p>\n<p>This slow growth has led to concerns about Apple\u2019s valuation since it is now the second-biggest company in the world with a market cap of over $3 trillion.&nbsp;<\/p>\n<p>Apple trades at a premium, helped by its strong brand, balance sheet, and the ongoing share repurchases program. It has reduced its outstanding shares from 17.13 billion in 2020 to 14.93 billion today, a move that has helped to push its earnings per share from $3.3 to $6.<\/p>\n<p>Apple has a forward P\/E multiple of 28, higher than the sector median of 27. Its forward EV to EBITDA is 21, also higher than the technology sector median of 14.<\/p>\n<h2 class=\"wp-block-heading\">Apple stock price technical analysis<\/h2>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><\/figure>\n<p>AAPL stock chart by <a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-AAPL\/\">TradingView<\/a><\/p>\n<p>The daily chart shows that the AAPL stock price has crashed from the year-to-date high of $260 to $200 today. It formed a death cross pattern on April 8 as the 50-day and 200-day moving averages crossed each other.&nbsp;<\/p>\n<p>Its attempts to rebound from the April low of $170 have faced substantial resistance at $214, where it formed a double-top pattern.<\/p>\n<p>Therefore, the stock will likely continue falling as sellers target the year-to-date low of $170, which is about 16% below the current level. The bearish outlook will become invalid if the stock rises above $215.<\/p>\n<p>Read more: <a href=\"https:\/\/invezz.com\/news\/2025\/05\/22\/cramer-is-worried-about-apple-heres-why\/\">Cramer is worried about Apple: here\u2019s why<\/a><\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/05\/23\/apple-stock-under-pressure-will-ai-glasses-make-a-difference\/\">Apple stock under pressure: Will AI glasses make a difference?<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. It remains in a deep bear market after falling by over 20% from the highest level this year, and has also formed a death cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) crossed each <\/p>\n","protected":false},"author":1,"featured_media":39993,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-39992","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39992"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39992\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39993"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}