Apple stocks decline: $700 billion in market cap loss

Apple’s stock fell significantly, down about 18% from its December peak, resulting in a loss of more than $700 billion in market cap. The downward trend is when investors carefully study a company’s AI strategy and consider macroeconomic challenges. For more details, visit the original report on Yahoo Finance.

Also read: Truck garages are facing fluctuations under the decline in spot rates

Shortly after introducing Chatgpt to its iPhone, Apple’s stock price hit $259 on December 26, part of the company’s second launch of Apple Intelligence AI capabilities. This brings Apple’s market value to a record $3.9 trillion. However, the stock fell 11% last week, marking the most important weekly decline since November 2022, with a market cap now at about $3.2 trillion.

In early 2025, Apple’s stock price struggled amid the downturn in large-scale technology stocks as investors feared potential underperforming the AI ​​industry. Apple faces its own challenges, including the delay in its AI strategy. On March 7, Apple postponed the release of Siri, an AI upgrade, on the grounds that the new version requires more development time. This has led Morgan Stanley analysts to adjust their price target for Apple’s stock price from $275 to $252 and adjust its iPhone sales to a decline. They now expect Apple to ship 228 million iPhones in 2025, and 237.5 million times in 2026 compared to previous estimates.

More complex things, the Trump administration’s tariffs on China continue to increase Apple’s costs by $2 billion next year. Additionally, the Justice Department stance on blocking Google from paying Apple to set up search engines, as default devices threaten a large portion of Apple’s revenue, estimated to be between $18 billion and $20 billion a year. This could also affect Apple’s ongoing antitrust battle with the Justice Department.

Source: Index Box Market Intelligence Platform