As the highest-valued company in the world with a market cap of $2.5 trillion, Apple (NASDAQ: AAPL) regularly makes headlines. The launch has had highs and lows, with the costlier models seemingly outselling the base versions for the first time in years. Regardless of what might play out with Apple's latest iPhones, the company has consistently proven its resiliency in the market -- and that the MacBook manufacturer is an asset to any portfolio looking for long-term gains.
Adobe (NASDAQ: ADBE) and Unity (NYSE: U) might initially seem like two very different types of software companies. Adobe develops a wide range of cloud-based design, document, and enterprise software, while Unity mainly provides development and monetization tools for game developers. Adobe's stock has plunged nearly 60%, while Unity's stock has fallen over 80%.
Garmin (NYSE: GRMN) stock has had a rough 2022 already, and shares caught additional pressure recently thanks to news out of Apple (NASDAQ: AAPL). The consumer tech giant already competes against some of Garmin's popular smartwatch devices, but that competition is hitting a new level. Apple announced a new addition to its smartwatch lineup that's aimed at sports enthusiasts and includes many of the navigation features that have been a staple of Garmin products, like its tactix adventure watch.