Stock market: Apple's stock is falling, what's happening?

100 billion is the approximate level of the decline in Apple's market capitalization. The Cupertino company's shares fell sharply on Monday. Since then, this price seems to have stabilized, and at the time of writing it stands at $216. The fact remains that if this unfavorable development has not gone unnoticed, it owes nothing to chance.

Disappointing first results for the iPhone 16?

Indeed, the famous analyst from TF International Securities,Ming-Chi Kuo, reported this Sunday a 12.7% drop in pre-orders for the new ranged’iPhone 16compared to the level where they were a year earlier. To establish this diagnosis, the expert uses data from the supply chain.

For his part, Samik Chatterjee of JPMorgan assures that the first delivery data indicates demand“slightly weaker”for the iPhone 16 Pro Max, while Bank of America's Wamsi Mohan observed slightly slower delivery times than the iPhone 15 Pro in China.

Which could indicate, according to some observers, that demand is weaker. Other commentators point out that the apple brand may also have improved its effectiveness.

If this drop in price is significant, we should not overinterpret this trend. Indeed, Apple remains the most valuable publicly traded company in the world. As for Wall Street experts, they still expectthe arrival of AI featuresboosts iPhone sales in the coming months. There is no doubt that the Tech giant's next quarterly results will be instructive in this regard.