Apple: The Ultimate Capital Return Play (Rating Upgrade)

Core Viewpoint - Apple has experienced a nearly 20% decline in its valuation recently due to investor concerns regarding a potential prolonged trade war between the U.S. and other countries [1] Group 1 - The decline in Apple's valuation is attributed to heightened investor anxiety over trade tensions [1] - The company's stock performance reflects broader market concerns about international trade dynamics [1] - The impact of the trade war on Apple's business operations and supply chain remains a significant factor for investors [1]