Apple Shares Fall Despite Beating Expectations Amid Market Cap Decline Fears

Apple's market value has been under pressure recently, and its latest earnings report didn't change that. Despite beating Wall Street's expectations on both top and bottom lines in its fiscal third quarter, the company's shares fell around 2-2.5% in after-hours trading.

The $460 billion figure represents a potential market-cap decline of 9-10% from Apple's peak levels. This drop comes as broader tech sector vulnerability concerns have been circulating, with some even speculating about Apple losing its title as the world's most valuable company to Nvidia.

In related news, tokenized Apple shares are already trading on platforms, allowing crypto-native traders to access AAPL exposure without traditional brokerages. The relationship between Apple's stock movements and assets like Bitcoin has become a recurring theme in macro market analysis, with risk-off sentiment often hitting Nasdaq and Bitcoin in tandem.