Shares of Apple (NASDAQ: AAPL) have gone essentially nowhere over the past two years or so, despite incredible profits, a fast-growing dividend, and over $130 billion worth of share repurchases to date. The iPhone, which accounts for the bulk of Apple’s revenue and profits, has suffered from slumping sales for multiple quarters, with the launch of the iPhone 7 unable to reverse that trend. Sales of iPads and Macs also tumbled during Apple’s third quarter, leading to a 9% year-over-year decline in total revenue.