Is Apple a Safe Stock for 2023?

Shares of Apple (NASDAQ: AAPL) delivered wealth-building returns for investors over the past decade. If you had bought $1,000 worth of Apple stock when the iPad launched in 2010, you would be sitting on $20,230 today. And that's after a 15% stock price dip last year. 

While Apple still has many opportunities ahead, with new products and a growing installed base of devices, the company posted a decline in revenue in the quarter that ended in December. This performance might have some investors wondering if one of the world's top brands is truly a safe stock to hold if the economy dips into a recession, as some experts are predicting.

However, there are more reasons to consider buying Apple stock this year than avoiding it.

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Source Fool.com