Apple is down like 6% today on reports of soft iPhone sales. In an economy where people are actually belt tightening luxury hardware sales are not exactly recession proof
I’m not an Apple bear, I’m saying that it’s a bit naive to say that any company will not be negatively affected by a recession that can result in downsizing or layoffs.
Vanguard and Blackrock are the largest outside shareholders and are unlikely to take shareholder action. Third is Berkshire Hathaway and while they do weigh in from time to time it's unlikely in this case.
