Why is Apple’s Market Falling Down? Let’s See it here!
Apple’s Market Falling Down
Apple has accomplished a major milestone de-valuation of $1 Trillion market value in the previous 365 days, which is certainly not the one owners would have preferred. The company’s shares have since risen, but the significant loss in value underscores terrible economic circumstances for firms throughout the tech industry and beyond. Obviously, there was no one cause for all of that loss, and there were other causes that contributed to such a severe loss; we will attempt to address all of them in this article.
Like many tech companies, Apple has suffered from a major consumer shift away from the pandemic-era focus on buying goods.
“Since the pandemic has been winding down, people have been shifting spending away from consumer electronics to travel, restaurants, and ball games,”
Another reason for the iPhone 14 series’ poor sales and eventual depreciation is that the core CPUs of the iPhone 14 and iPhone 14 Plus did not change. Because these are all A15 chips, many customers will not purchase them.
Apple is also under competition from Android phone companies in the high-end market, particularly in the foldable screen phone industry.
In June, inflation hit 9.1%, a figure not seen in more than four decades.
Borrowers, whether enterprises or people, will have a more difficult time obtaining loans, which are the lifeblood of economic activity.
Because interest rate increases often have a negative impact on the economy and company profitability, investors leave.
According to Commerce Department data, the personal savings rate fell to 2.3% in October, the lowest percentage in two decades.
“The state of the consumer is extremely important for a company like Apple,”
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