Core Viewpoint - Apple's stock has declined by 19% this year, underperforming compared to the Nasdaq Composite, which has recently recovered from bear market territory [1][2] Group 1: Financial Performance - In Q2 of fiscal year 2025, Apple's revenue increased by 5% year over year to $95.4 billion, with earnings per share at $1.65, up nearly 8% from the previous year [4] - Apple generated $98.5 billion in free cash flow over the trailing-12-month period, reflecting a 5% year-over-year decline, yet it remains one of the companies with the most cash available [4][6] Group 2: Strategic Advantages - Apple is focusing on various AI-related initiatives, which could enhance its future smartphones, and its substantial cash reserves will support its AI strategy [7][8] - The company has over 2.35 billion devices in circulation and a strong services segment with over a billion paid subscriptions, indicating a deep ecosystem for monetization [9][10] Group 3: Investor Sentiment - Warren Buffett's Berkshire Hathaway has not sold any shares of Apple, maintaining it as the top holding in its portfolio, suggesting long-term confidence in the stock [12][13]