Apple's stock price fell and is on track to create the longest weekly decline since 2022.

Apple's stock price fell on Friday, and the iPhone maker is expected to continue a prolonged weekly downtrend. The stock fell 1.1% on Friday, with a cumulative drop of 3.8% for the week. If Apple closes lower this week, it will mark its eighth consecutive week of decline, the longest losing streak since May 2022. During this eight-week period of decline, Apple's stock price has fallen by nearly 12%.