I think there are many reasons why all tech is down:
1. Markets have largely been down since late 2020 and people are more financially cautious.
2. The technology market is maturing with new tech bringing less features to market.
3. Technology companies aren’t focused on the same level of innovation, as many are focused in getting their teams back to pre-Covid productivity.
4. Backlog of parts due to Covid shut-downs combined with a surge in purchasing.
5. Lackluster management as there is a turnover of generational leadership.
Much of this is not specific to Apple, however Apple has had its share of mistakes recently and, as such, lost marketshare.
1. Markets have largely been down since late 2020 and people are more financially cautious.
2. The technology market is maturing with new tech bringing less features to market.
3. Technology companies aren’t focused on the same level of innovation, as many are focused in getting their teams back to pre-Covid productivity.
4. Backlog of parts due to Covid shut-downs combined with a surge in purchasing.
5. Lackluster management as there is a turnover of generational leadership.
Much of this is not specific to Apple, however Apple has had its share of mistakes recently and, as such, lost marketshare.