Best Top Reviews Online

Apple Stock Falls The Most Since The Financial Crisis Due To iPhone Manufacturing Problems

Even though iPhone 14 Pro production lead times have begun to normalize following the pandemic lockdown scare that prevented Foxconn from assembling enough units to meet demand not long ago, the iPhone 14 series production schedule and sales are not where investors would like them to be.

As a result, Apple’s stock has fallen another 12.4% in December. In addition to this, titans such as Apple and Tesla are currently experiencing some of their worst stock declines ever. For Tesla, this is the largest decline ever recorded, while Apple’s stock will experience its largest decline since the 2008 financial crisis and subsequent decline in stock indexes.

Apple is on the verge of closing below $130 per share, wiping out all gains accumulated since mid-2021, and its stock has dropped a whopping 27% for the entirety of 2022. The Federal Reserve’s efforts to raise interest rates certainly played a role, as investors fled riskier investments like tech stocks and sought refuge in safe havens, resulting in a nearly 34% decline in the Nasdaq this year.

Apple grabbed a staggering 42% of the global phone revenue in the most recent quarter, and while the last quarter of the year may be negatively impacted by the COVID surge in China following the country’s reopening, its revenue may very well hit record again, riding the higher average selling price of its iPhone 14 series, which is heavily skewed toward the more expensive iPhone 14 Pro and iPhone 14 Pro Max models.

Why Trust Us?

Best Top Reviews Online was established in 2018 to provide our readers with detailed, truthful, and impartial advice on what to buy. We now have millions of monthly users from all over the world and annually evaluate over a thousand products.

The above article was written by the BestTopReviewsOnline team, which consists of some of the most knowledgeable technical experts in the United States. Our team consists of highly regarded writers with vast experience in smartphones, computer components, technology apps, security, and photography, among other fields.

Related Stories

  • All Post
  • Best Picks
  • Explainers
  • How To
  • News
  • Versus
iPhone 13: 7 Major Upgrades To Look For

January 2, 2021

The iPhone 13 is said to have a better design, a longer battery life, 120Hz displays, and much more. The iPhone 13 is expected to be unveiled in 2021 during its usual September launch window and based on early rumors…

Get more info



Best Products

Buying Guides

Contact Us

About Us

We provide a platform for our customers to rate and review services and products, as well as the stores that sell them. We research and compare the most popular brands and models before narrowing it down to the top ten, providing you with the most comprehensive and reliable buying advice to help you make your decision.

Disclaimer is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to As an Amazon Associate I earn from qualifying purchases.


Address & Map

20 S Santa Cruz Ave, Suite 300, Los Gatos, CA 95030, United States

© 2022 Pty. Ltd. All Rights Reserved. Licensing: All third-party trademarks, images, and copyrights used on this page are for comparative advertising, criticism, or review. As this is a public forum where users can express their opinions on specific products and businesses, the opinions expressed do not reflect those of