After Apple’s market value surpassed $ 3 trillion in early 2022, the latest in early 2023. Apple’s market capitalization drops below $2 trillionalready!
Apple’s market capitalization drops below $2 trillion for the first time since 2021.
*Apple’s market cap was $1.99 million, stock price was $125.07 per share as of the date of this disclosure.
Apple’s market value, including Apple’s share price, has fallen the most since June 2021, largely due to restrictions on iPhone production in China that is not enough to meet demand, the report said. Including the decline in demand for many Apple products.
For example, at the end of 2022, iPhone factories in China had to temporarily slow down production due to the impact of the COVID-19 lockdown in China, causing the iPhone 14 Pro, 14 Pro Max models to market well, not enough products. distribution, etc.
Nikkei revealed that Apple has cut parts production for some products such as AirPods, Apple Watch and MacBook in the first quarter of 2023 due to poor sales of these products.
Apple has had a market capitalization of over $3 trillion in January 2022 as a result of 2020 – 2021, when people have to stay at home, making Apple products very popular.
source : https://www.macrumors.com/2023/01/03/aapl-falls-below-2-trillion/
