Apple isn’t priced for a recession

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Apple’s shares are presently valued at 21 occasions ahead earnings, a 38% premium to the S&P 500. (Photo: AFP) 2 min learn . Updated: 22 Jun 2022, 05:39 PM IST Dan Gallagher, The Wall Street Journal

The battered inventory has nonetheless outperformed many tech friends whilst shopper spending seems to be poised to say no