Apple Inc.’s stock seesawed into positive territory in premarket trade Tuesday, adding drama to whether it will snap its losing streak at eight sessions, or extend it to nine sessions. The shares inched up 0.2%, after being down as much as 0.6% earlier. A ninth-straight loss would be the longest such stretch since the nine-session losing streak ending June 14, 1991. The eight-session loss streak as of Monday’s close was the longest since July 1998. Apple Chief Executive Tim Cook was on CNBC late Monday trying to dispel long-term concerns over iPhone demand, but he did acknowledge some near-term headwinds, such as lengthening upgrade cycles and macroeconomic issues.
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