【Apple's Big Drop Essay】 Yesterday, Apple fell nearly 4%, making it the biggest loser in the S&P 500. The superficial reason was a leak from Nikkei, claiming that the foldable iPhone encountered some issues during testing. But a phone that hasn't even held a launch event having a small problem, is it really worth a 4% market cap evaporation? That's a bit humorous. What the market is really thinking about is another matter: in the AI era, is Apple's hardware brand still worth that much?