The truth is that we have been seeing for a few weeks how the Cupertino company is going through bad times if we look at the data released by the stock market. News that comes out about Tim Cook's company, news that brings negativity in the market and now after the latest news about the ban on selling some iPhone models in China, again another drop in the company's shares. We have been seeing how the shares did not stop rising and obviously this had to stop at some pointWell, it seems that this moment has already come.
All news affects market values and shareholders get nervous quite often. In this case, what we have to be clear about is that the worst news came when Apple today filed a petition for "reconsideration" with the Chinese court that ordered it not to sell some of its iPhone phone models in the country. The news bounces everywhere and stocks suffer more and more.
In this case it is a matter of patents that Apple has with Qualcomm, but it is not just about this. The Cupertino company warned at the last financial results conference that would not show the sales figures for their products in the next quarter and this also affects the values. It is true that when the day closes the losses are minimal in the stock market, but it fluctuates so much that it does not allow a rise at the time of closing the day.
When they offer more competitive prices, they will recover again, while other brands are recovering market share.