What’s Apple Inc. (AAPL)’s Next Game-Changer?

Market pressures
Beyond company-specific headwinds, the overall position of the equity market should be a concern for anyone interested in Apple Inc. (NASDAQ:AAPL) stock. Stocks have been on an impressive run, but it cannot last indefinitely. There is a strong argument that the rally has been created by the action of the Federal Reserve. As an increasing contingent of the FOMC begins to consider slowing or reversing the current policies of quantitative easing, there is real concern that the rally could fizzle.

The single greatest threat to Apple Inc. (NASDAQ:AAPL) stock over the next several months is the direction of the broader stock market. In the absence of a real game-changing product, Apple will be subject to the vagaries of the overall equity market. Even if stocks can continue to run higher from here, a correction is likely over the course of the summer. When this happens, Apple stock is likely to fall to new near-term lows.

The article The Next Game Changer for Apple Stock? originally appeared on Fool.com.

Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple and Google. It owns shares of Citigroup and Microsoft.

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