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Chinese influence on Apple! Market cap dropped below $2 trillion #Tech #Technology #technews

Chinese influence on Apple!  Market cap dropped below $2 trillion
 #Tech #Technology #technews
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The market value of the US technology giant Apple fell below $ 2 trillion. The iPhone maker’s stock has lost more than 4% as of Tuesday. On the first trading day of this year, the company’s share price dropped to $124.19.

It was stated that the drop in Apple’s share value was due to the increasing concerns about the iPhone supply due to the Kovid-19 restrictions at the company’s factory in China.

THE FIRST COMPANY TO REACH $3 TRILLION

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On the other hand, in a report in the Japanese newspaper Nikkei Asia yesterday, it was reported that Apple told some of its suppliers to produce fewer parts for some of its products, including AirPods, Apple Watch and MacBooks, due to weakening demand. (AA)

On January 3, 2022, Apple became the first company to reach a market cap of $3 trillion for a short period of time.

Apple, whose market value first reached $ 1 trillion on August 2, 2018, reached a market value of $ 2 trillion on August 19, 2020.

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The company’s market capitalization fell below $2 trillion during the day.

On January 3, 2022, Apple became the first company to reach a market cap of $3 trillion for a short period of time.

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