Apple stock rout shaves nearly $700 billion from market cap since record close

Appl (AAPL) decreased by approximately 18 % of its record of closing in December, where it received more than $ 700 billion from the maximum IPHONE Maker market while investors check the operation of AI in the company and evaluate the opposite winds of the macroeconomic.

Apple shares were closed at a level higher than $ 259 on December 26-just two weeks after the addition of Tech Giant Chatgpt to iPhone as part of its second exhibition of Apple Intelligence AI-and the company’s market ceiling rose to $ 3.9 trillion.

Last week alone, Apple shares decreased by 11 %, as it witnessed the largest weekly loss since November 2022. Until mid -Tuesday, the market value of the iPhone Maker was approximately $ 3.2 trillion.

Apple shares in the first months of 2025 have suffered, as large technology shares led a wider contraction in the stock market, driven by investor concerns for the disappointing mutation boom. Apple also faced its own setbacks.

For one, the Apple AI strategy shows disturbing cracks. Apple was late on March 7 for the Siri version that was promoted from AI, saying that the new Siri takes longer than the company expected and should appear later this year. This step has prompted the MORGAN STANYY analyst to reduce the target price of the share to $ 252 from $ 275 and reduce iPhone sales forecast. Analysts, led by Eric Wooding, expect that Apple will charge 228 million iPhone in 2025 and 237.5 million in 2026, with a decrease from its previous estimates of 230 million and 255 million, respectively.

Wooding wrote in an analysis on March 12, according to the Impositors of Morgan Stanley for consumers, “” Siri Aid “, which was promoted, is the feature of the upcoming iPhone number 1 who is interested in promotion.”

“Given that the previous iPhone expectations assumed that the launch of iOS18.4 in April 25 would integrate Siri more advanced in addition to supporting the broader Apple Intelligence language and speeding up the upgrade rates this fall, we believe it is necessary to reduce us [iPhone] “The assumption of the upgrade rate, and shipping expectations is 26, as Siri is unlikely to be more advanced even after the launch of iPhone 17”.

He added: “This does not mean that other factors cannot support the growth of iPhone in the 26th fiscal year … but without” the application of the artificial intelligence killer “in the market before the launch of iPhone 17, we do not see AI’s features that contribute to speeding up the upgrade rates as we did previously.”

In addition to the heat on the Apple, Trump’s tariff threatens China by adding two billion dollars to the company’s costs to goods and services over the next 12 months, according to the Morgan Stanley analysis last week.

The Trump administration also puts a large part of the annual Apple revenue. This is because the Ministry of Justice last week was a company with the previous administration in the Federal Judge’s claim to prevent Google from paying companies such as Apple to secure its search engine as devices such as smartphones – generated from $ 18 billion to $ 20 billion in Apple revenues annually, and estimated the Bernstein analysts. The harsh management position can be bad news to combat anti -monopoly from Apple with the Ministry of Justice.