Apple drops below $2 trillion market value as tech rout continues             

Apple is expected to deliver its latest quarterly earnings report in the coming weeks. Picture: Noel Campion.

A steady slide in Apple shares pushed the iPhone maker’s market value below $2 trillion, the latest casualty in the tech stock rout.

Apple fell as much by over 4% in the latest session as concerns about iPhone supply in the important Christmas quarter mount and investors lose faith in a reprieve from higher interest rates.