Shares of Apple Inc. (NASDAQ:AAPL) remain one of 2025’s biggest tech underperformers, lagging the Nasdaq 100 index by a wide 25% year-to-date, even as the iPhone-maker recently posted robust results that may suggest the selloff is disconnected from fundamentals.

As of August 5, Apple stock is down 18% year-to-date, failing to rebound despite a stronger-than-expected earnings report on July 31 and signs of accelerating growth in its Services segment.

Over the last 20 weeks, Apple has underperformed the tech-heavy Nasdaq 100 by 20%, one of its widest gaps in recent decades.

Strong Third-Quarter Results Go Unrewarded

Apple’s fiscal third-quarter results, covering the period ended June 30, beat expectations across the board. The company reported earnings per share of $1.57, exceeding the consensus estimate of …

Full story available on Benzinga.com