Apple's Stock Is Losing Its Shine After an Ugly Month of December – Bloomberg

Investors are no longer turning a blind eye to risks facing Apple Inc., an about-face that took the iPhone maker’s market value below $2 trillion and threatens more pain for the stock in the months ahead. 

Until recently, shares of the world’s most valuable company defied much of the gloom that walloped other tech giants in 2022, even as last year represented the worst for the stock since 2008. But now, delays in production of iPhones and concern that demand is weakening as the economy slows are making the stock look more pedestrian by the day. With its valuation still above its average over the past decade, there’s plenty of room to fall. 


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