Apple sheds $1trn: How can AAPL restore its market cap in 2023?

"New Year, new me" maybe the mantra for tech giant $Apple (AAPL.US)$ right now, as it was announced on Wednesday that it had lost $1trn over the last 12 months from its market capitalisation. It's a stark contrast to where the tech giant was a year ago.
On 3 January 2022, AAPL was celebrating after becoming the first US company to be valued at $3trn – but a lot can happen in a year and now 12 months on its market cap has fallen below $2trn and its stock price plummeted 26% in 2022.
A strong US dollar, declining consumer confidence, rising inflation and supply chain issues in China - which hurt iPhone 14 production, have all been contributing factors to Apple's poor start in 2023 and joining $Amazon (AMZN.US)$ - which also lost $1trn in market cap last year.