Apple's market cap falls under $2 trillion as sell-off continues

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Apple first hit a $2 trillion valuation in August 2020, as the pandemic boosted its sales of computers to work or study from home.

Apple shares fell more than 3% during intraday trading Tuesday, giving it a market value under $2 trillion for the first time since May.

Apple first hit that valuation in August 2020, as the pandemic boosted sales of products for remote work and school. It briefly hit a $3 trillion valuation in January 2022. Apple struggled with iPhone 14 Pro shipments during the holiday season because of Covid restrictions on its primary factory in China.Tim Cook walks in the Paddock prior to the F1 Grand Prix of USA at Circuit of The Americas on October 23, 2022 in Austin, Texas.shares fell more than 3% trading on Tuesday, giving the iPhone maker a market capitalization under $2 trillion for the first time since May.

Apple fell $3.74% to a price of $130.20 per share, a 52-week low, giving the company a valuation of $1.99 trillion at market close on Tuesday. Apple first hit a $2 trillion valuation in August 2020, as the pandemic boosted its sales of computers and phones for remote work and school. It briefly hit a market value over $3 trillion during trading in January 2022.

 

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China Timmie, failing America in the worst way; just another compromised Liberal piece of 💩

Turns out my iPhone in a cheap rubber case looks and does the same thing as the top of the range version

Go woke go broke

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