Here's what you need to know. So far this year, Apple hasn't fared much better. The company's stock has dropped by 7.2% year to date — while at the same time, the S&P 500 has grown by more than 10%.

Worth noting, fears of Apple stock being overvalued grows as the company ... as depicted in the image below. Lastly, bear in mind that Apple maintains a robust net cash position totaling $ ...