Why is Apple Stock delaying the S&P 500 in 2025?

Following Nvidia The recent Salsa of Actions, Apple (Nasdaq: AAPL) Once again he has taken the crown of the S&P 500The largest company. This is the case even after the drop in the price of 9.3% shares of the iPhone manufacturer. The action had a performance lower than the index in the process.

That said, I am sure that long -term shareholders are not too worried. Apple shares have still risen 270% in five years, which pushes market capitalization well above $3TRN.

For the context, that has ended 100 times larger than NokiaThe firm that Apple interrupted with the launch of the innovative iPhone in 2007.

What is happening?

It seems that there are some reasons why Apple's actions have stopped for a well -deserved respite in 2025.

To begin with, the technological sector has suffered a massive sale in the last two weeks. President Trump's ignition-in-law rates are causing uncertainty in the stock market, and could even affect the company's profits at some point. While these risks persist, the price of Apple shares is likely to be volatile.

In addition, the action is quoted 34 times profits, which is a premium for the already expensive S&P 500. Therefore, there may be a concern for the valuation here. And this was probably a factor in Warren Buffett's decision to reduce his giant stake to less than half of what he was.

Finally, Apple has suffered a slowdown in iPhone sales, especially in China. This is due to greater competition and saturation of the market, as well as delays in implementing significant IA improvements for its devices.

<h2 class="wp-block-heading" id="h-ai-teething-problems”>ai initial problems

It is worth expanding this last point, since some investors fear that Apple can be losing ground as we advance more deeply in the age of ai. He has launched Apple Intelligence on the new iPhone 16, but the version equipped with Siri ai has been delayed due to technical problems. According to reports, this may not be out until next year.

While this is clearly far from being ideal, I think the company has time and will do it well. After all, all users of 2bn+ iOS taradas to update devices with advanced ai capacities.

Apple has said that its characteristics will prioritize maintain data on user devices instead of in the cloud. This could attract users concerned with data privacy.

I suspect that these are ai dentition problems that will be greatly forgotten for a few years within now. As a customer, it is not a decisive factor for me, since I will still update to a new Apple phone soon. I am more than happy to be locked in the incredibly sticky ecosystem of the company.

Will I buy the action then?

Analysts hope that income and profits per share will grow 4.6% and 8.6% respectively this year. That is not a particularly high growth for an action that is traded 29 times the earnings forward.

Of course, it is not necessary to say that Apple is an incredible company and brand. It generated more than $ 100 billion in free cash flow last year and announced a shares of $ 110 billion shares in May. That was the greatest in the corporate history of the United States!

However, due to the premium assessment and modest first -line growth, I am in a hurry to buy Apple shares today. I think there are potentially better options for my wallet.