<ul><li>Apple stock has dropped approximately 18% from its all-time high in December, erasing over $700 billion from the company’s market capitalization</li><li>Apple shares fell 11% last week, marking their biggest weekly loss since November 2022</li><li>The delay in the release of an AI-upgraded Siri has prompted Morgan Stanley analysts to lower their price target on the stock and cut iPhone sales forecasts</li><li>Apple's market capitalization currently stands at roughly $3.2 trillion</li></ul>

Apple market cap plummets nearly $700 billion since December 26th

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