1 Green Flag for Apple in 2023, and 1 Red Flag

Share prices of (NASDAQ: AAPL) have tumbled 9% since Aug. 1 as a reaction to disappointing earnings results for the third quarter. The company did beat analyst estimates for earnings per share and revenue but both figures were flat year over year. Year-over-year declines across its product segments concerned investors and led to a stock dip. 

The iPhone manufacturer faces uncertain market conditions that are affecting many companies and causing reductions in consumer spending. But these challenges aren't likely to be long-term, which suggests a potential investment opportunity. The company's shares rarely stay down for long, so it might be worth buying the dip. 

Before going all in on a buy though, it might be helpful to look at the positives and potential negatives of the business. Here's one green flag and one red flag for Apple in 2023.  

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Source Fool.com