AAPL lost a trillion dollars this year as iPhone shipments forecasted to drop into 2023
December 29, 2022
Apple ran into challenges with iPhone 14 – particularly the Pro and Pro Max – this fall when a COVID-19 outbreak in China impacted its manufacturing partner Foxconn. Now the company’s stock has hit a 52-week low amounting to one trillion dollars in value lost as further forecasts for iPhone challenges have surfaced.
Back in November, Apple warned customers and investors about how the…