Here's why Apple stock is crashing

Once lauded as one of the best-performing stocks in the world, Apple (NASDAQ: AAPL) has had a rough time since the start of 2024.Already in January, the company lost its top spot as Microsoft (NASDAQ: MSFT) managed to overtake it as the world’s biggest company by market capitalization, and by June, Nvidia (NASDAQ: NVDA) is threatening to relegate it to third place.On the business side, things have been mixed. While Apple remained a smartphone titan, it gave up on its multi-year ambition to enter the electri ...