Apple dips below $2T market cap as investors fear further supply chain issues

Apple has started 2023 with a reduced market capitalization that's dropped below $2 trillion, a stark change from hitting $3 trillion exactly one year before.

An Apple Store logo

On Tuesday, Apple's market capitalization shifted from above $2 trillion to below $2 trillion, following early morning trading. Shares dropped by more than 3.5 percent on Tuesday, bringing Apple to its lowest stock position since June 2021.

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January 03, 2023 at 11:41PM