Back in March of 2009 when the S&P 500 hit its Financial Crisis low, Apple Inc. AAPL 1.08% was one of the most highly-debated stocks on Wall Street. A lot has changed in the seven years following the market bottom. But when it comes to Apple bulls and bears, some things seem to never change.
In March 2009, Apple bulls were praising the iPhone 3G, and Apple bears were questioning the penetration levels that a single smartphone could achieve. Of course, iPads, Apple Watches and driverless cars were nowhere to be seen at the time.
Apple’s stock has gone through a rough patch since mid-2015. The stock is now down more than 20 percent from its all-time 2015 highs. But long-term Apple shareholders know this is not the first bump in the road for the world’s largest company. In fact, Apple suffered…
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