Investors drove Apple's market value below $2 trillion during the first trading session of 2023, a year after propelling it to become, briefly, the first U.S. company toShares of Apple tumbled Tuesday morning by more than 4%, after a Nikkei Asia report reignited worries about demand for the company's products.
, Apple reportedly notified several suppliers to build fewer parts for some of its devices, including AirPods, the Apple Watch and MacBooks.Shares of Apple closed down 3.7%.Investors are in a waiting period ahead of earnings, when details about Apple's all-important holiday quarter will be released and forecasts will be issued.
What part of the economy is in the dumper does potus not understand?
Because their devices are only ‘windows’ into far more advanced, profitable and lucrative technologies?