Apple's stock slide causes its market value to drop below R34 trillion

[mylesillidge]

Apple's market value falls below R34 trillion

A steady slide in Apple Inc. shares pushed the iPhone maker's market value below $2 trillion (R34 trillion), the latest casualty in the tech stock rout.

Apple fell 3.7% on Tuesday, closing at its lowest since June 2021 as concerns about iPhone supply in the important holiday quarter mount and investors lose faith in a reprieve from higher interest rates.

[Bloomberg]

 

[konfab]

Must be Elon Musk's fault in some way.

 

[Icemanbrfc]

Apple's market value falls below R34 trillion

A steady slide in Apple Inc. shares pushed the iPhone maker's market value below $2 trillion (R34 trillion), the latest casualty in the tech stock rout.

Apple fell 3.7% on Tuesday, closing at its lowest since June 2021 as concerns about iPhone supply in the important holiday quarter mount and investors lose faith in a reprieve from higher interest rates.

[Bloomberg]

Shame, Apple are poor now

 

[Dolby]

Must be Elon Musk's fault in some way.

It's always someone else's fault with Apple

 

[GhostSixFour]

You mean the same stock market where the indicator data gets published before market open?

https://www.reddit.com/r/Superstonk/comments/102omir

lols.

 

[Unreal]

They must start a GoFundMe campaign