1y ago

Apple's share price drop around 5% -- equal $162 billion lost for investors

www.nexttv.com Has Apple Finally Reached the End of Wall Street’s Most Epic 5-Year Run Ever? $162 Billion of Investor Wealth Has Been Destroyed in Just 6 Days

With iPhone sales slowing, Apple just got its second equity analyst downgrade this week

Has Apple Finally Reached the End of Wall Street’s Most Epic 5-Year Run Ever? $162 Billion of Investor Wealth Has Been Destroyed in Just 6 Days

Apple's share price drop around 5% -- equal $162 billion lost for investors::With iPhone sales slowing, Apple just got its second equity analyst downgrade this week

16 comments

NOOOO SOMEONE THINK OF THE INVESTORS

So, it is on sale? Apple has the market by the balls and will continue to grow unless some serious legal trouble kills them.
I don't even like Apple and consider them a good investment.
- I’m waiting for a deeper sale due to the pending federal investigation.
- Not really. I bought at $160 something a few months back and sold at $190; it's currently $181.
  
  I think when most people talk investment they're speaking in longer terms.
  Unless you're on wallstreetbets.

Who lost billions? I sure don't sell stocks because they dip 5%, that's normal for tech.
- Berkshire Hathaway's investors and Warren Buffet probably, but idgaf really. Just answering the question, and it's not like that's what investments do as they get re-evaluated (exacerbated by the unfolding AI market.) https://www.investopedia.com/berkshire-hathaway-swings-to-profit-q2-2023-7570232

"pretend lost"

5% is a normal day on the stock market sometimes.

Unless they bought literally 1 year ago where people would still be up about 20-25%

If you look at the stock price for the past 5 years, that's barely a blip for Apple. In the past year alone they saw similar drops in September and August, which they bounced back from to get even higher. Doesn't mean they can't come crashing down at some point, but 5% isn't really that much for them.