What is happening to Apple?
Apple became the first public tech company valued at $3 trillion, but its market cap fell below $2 trillion in trading Tuesday for the first time since early 2021.
• Grappled with supply chain hiccups
• Recession fears to buy their next iPhone
• Pricier products like the iPhone
• Covid restrictions in China factory
More selling?
• Coming global recession is not done yet
The real danger will be with the continuous rise in interest rates and yet the dollar starts weakening, just like the pound. The dollar is trading lower in the past weeks, I am keeping watch on this closely. However, it is not all bad news, we can invest differently....
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