What's Driving Apple's Stock Decline?

Apple's stock has declined around 8% in 2024 (as of March 25th), it is quite significant.

With its weight in the S&P 500 around 5.7%, which is a new low since mid-2021.

The DOJ is considering an antitrust lawsuit against Apple for potential anti-competition practices.

EU is investigating app store fees of Apple and Google which may result in hetty fines.

In my opinion, the broader market has also been volatile in 2024, which contributes to Apple's decline. The future of Apple's remains a profitable company with a loyal customer base. The legal issues could take years to resolve, and their impact is uncertain. This probably challenges Apple faces.