Those are in addition to company-related issues such as Apple (NASDAQ: AAPL) iOS privacy changes and Meta's increased focus on short-form video to compete with ByteDance's TikTok. High inflation, which has led to aggressive monetary policy tightening by the Federal Reserve, continued supply chain issues related to the ongoing pandemic, and global economic impacts from the war in Ukraine have all contributed to a rising fear among investors. In a market bristling with uncertainty, Apple is a phenomenal investment for prudent investors -- especially if its earnings multiple dips below its five-year average in the coming trading sessions.