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Kensho Stats

Apple's stock doesn't shake off an earnings disappointment easily, history shows

Apple CEO Tim Cook
Getty Images
Apple CEO Tim Cook

Apple's shares fell a little more than 2 percent Wednesday following its earnings release the prior evening as investors were hoping for a stronger sales forecast from the iPhone maker, and history shows it takes some time for these burned investors to return to the stock.

Using hedge fund analytics tool Kensho, CNBC PRO looked to see how the stock traded one week and one month after a post-earnings drop of more than 2 percent. This has occurred seven times in the last five years.

Apple shares, on average, were little changed one week after an earnings disappointment.

One month out, the shares, on average, still did not make much progress.

Investors looking to buy this dip could be waiting awhile to turn a profit, history shows.

CNBC's parent NBCUniversal is a minority investor in Kensho.