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Apple’s Stock May Plunge – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<div class&equals;"entry-content column content primary is-two-thirds">&NewLine;<div class&equals;"" style&equals;"padding-bottom&colon; 10px&semi;">&NewLine;<div class&equals;"">&NewLine;<p>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<span class&equals;"tag is-dark is-uppercase">Investing<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;p>&NewLine;<div class&equals;"byline-container">&NewLine;<div class&equals;"post-date is-italic has-text-grey is-size-7 has-text-weight-medium ">&NewLine;<p>December 26&comma; 2022 11&colon;06 am<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<p>Apple is among the world’s largest tech companies&period; It is the most profitable&period; It also has the highest market cap among all US-based public corporations at &dollar;2&period;1 trillion&period; While its stock has fallen with the market&comma; the sell-off is not nearly as bad as other mega-cap tech companies&period; Apple faces a drop in the number of products it sells in China due to a raging spread of COVID-19&comma; affecting millions daily&period; And the same pandemic could shutter factories that assemble its products&period; This will cause customers worldwide to wait long periods when they want to buy an Apple product&period; Apple faces a perfect storm unlike anything in the recent past&period; This could trigger a sharp drop in its share price&period;<&sol;p>&NewLine;<p>The revenue stakes for Apple are very high in China&period; Smartphone sales in the country are about 70 million a quarter&period; Apple’s share of those reached 36&percnt; in the third quarter of this year&comma; according to &OpenCurlyDoubleQuote;9 to 5 Mac&period;” This is a record&period; The launch of the iPhone 14 is given credit&period; The Chinese smartphone market is crowded with Samsung and several local manufacturers&period; For the sake of comparison&comma; Apple sells about 250 iPhones a year&period; The math shows how critical the problem is&period;<&sol;p>&NewLine;<p>China’s retailers have faced shutdowns as the virus spreads at an unprecedented pace&period; People who buy online have to face delivery problems&period;<&sol;p>&NewLine;<p>Apple also assembles most of its iPhones and iPads in China&period; Foxconn runs most of these factories&period; One estimate shows that Apple was short of holiday iPhone supplies by over 10 million units&period; China’s COVID-19 outbreak will challenge the operations of these facilities again&period;<&sol;p>&NewLine;<p>What is at stake for investors&quest; Apple’s share price has dropped 25&percnt; this year&comma; compared to a 19&percnt; drop in the S&&num;038&semi;P 500&period; Amazon’s shares are down 49&percnt;&comma; and Alphabet’s are off 38&percnt;&period; So far&comma; Apple has dodged the worst of the tech stock market implosion&period;<&sol;p>&NewLine;<p>The primary reason Apple’s shares have held up so well is that Apple’s quarterly income statements and forecasts for future quarters have been healthy&period; That will almost certainly change&period; If so&comma; Apple’s shares may start to fall free&period;<&sol;p>&NewLine;<section id&equals;"email-subscribe" class&equals;"section section-email-sub single-email-sub"><&excl;-- div&period;svg-icon --><&sol;p>&NewLine;<div class&equals;"container">&NewLine;<div class&equals;"subscribe-message" style&equals;"line-height&colon; 1&period;3&semi;">&NewLine;<p>Get Our Free Investment Newsletter<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;section>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p><&sol;div>&NewLine;

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