Apple Shares on Verge of $460 Billion Loss with Record Decline

Apple is facing a negative reaction from investors after issuing weak guidance due to supply chain pressures. The company's shares experienced their worst post-earnings decline in 13 years, indicating a market value erosion of approximately $460 billion. This drop was triggered by the tech giant falling short of fourth-quarter expectations and warning that supply chain issues would negatively impact sales. Analysts note that disruptions, particularly in iPhone production, could also affect year-end holiday season sales. The company's stock performance has shaken investor confidence despite fluctuations in the broader technology index. Experts say this situation overshadows Apple's short-term growth prospects, with the market focusing on the speed of the company's recovery. This is not investment advice.