Apple Faces Longest Losing Streak Since 1991 Amid AI Concerns, Component Costs

• Apple Inc. shares are on track for an eighth consecutive losing session, potentially matching its longest streak in over three decades.
• The stock has not fallen for nine consecutive days since 1991, according to Bloomberg data.
• Apple underperformed the S&P 500 Index in 2025, gaining only 9% compared to the index's 16% jump, due to concerns about its AI deployment.
• The company and other device makers are currently facing pressure from rising memory chip prices, driven by high demand for AI data centers.
• Apple's shares have dropped more than 5% since the current losing streak began.

Why It Matters: Apple shares are experiencing their longest losing streak in decades, driven by AI concerns and rising component costs.