Apple’s market cap drops below $1 trillion

Technology

Apple is no longer a trillion dollar company.

The company’s market cap closed below 13 digits on Tuesday.

Related Content: iPads, Macs get new screens as Apple pushes creativity

This came three months after it became America’s first public company to ever hit the trillion dollar mark.

The tech giant’s stock first crossed the massive milestone in August.

Related Content: Apple Watch, Wallet now support some student IDs

Apple stock started going down last week when the company told investors that holiday sales might fall short of forecasted levels.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

More Don't Miss