Apple off to worst-ever start in 2024 as iPhone, antitrust worries erase $177B in value

Apple shares are off to their worst-ever start to begin a year as investors fret over a series of issues plaguing the tech giant – including signs of weak iPhone demand and mounting federal antitrust scrutiny.The Cupertino, Calif.-based company’s valuation plummeted by $177 billion in market value through last Friday since the start of 2024, Bloomberg reported. The stock fell more than 6% during the shortened opening week — leading to the largest decline in a company’s market cap on record over the same pe ...