The slide has erased more than $300-billion in market value this year, ceding Apple’s status as the most valuable US company.
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Apple’s overseas suppliers have increased production of the company’s new iPad models.
Apple will hold its Worldwide Developers Conference, WWDC 2024, in June.
Apple iPhone shipments in China fell about 33% in February from a year earlier, according to official data.
Apple, Google and Meta Platforms will be investigated for potential breaches of the Digital Markets Act.
Big Tech is facing its biggest challenge in decades as antitrust regulators crack down on alleged anticompetitive practices.
China could improve chip production techniques despite US efforts to halt its progress.
The US has alleged in court papers that Apple monopolised the smartphone market, hurt smaller rivals and drove up prices.
The US justice department is poised to sue Apple, accusing the company of violating antitrust laws.
Apple is in talks to build Google’s Gemini artificial intelligence engine into the iPhone, according to a report.