Saturday, December 3, 2022
HomeDigit NewsApple lost $150 billion in a day. Shares of Google, Amazon,...

Apple lost $150 billion in a day. Shares of Google, Amazon, Microsoft and other companies also fell sharply

Yesterday, three major US stock indexes collapsed sharply, after which shares of technology giants, led by Apple, fell in price.

Apple shares fell 5.87%, Tesla fell 4.04%, Amazon fell 7.06%, Google lost 5.86%, Microsoft shares fell 5.5%. The total market value of the shares of these companies decreased by $500 billion.

At the same time, Apple topped the rating, which lost $150 billion in a day. If we conditionally assume the average price of an iPhone 14 smartphone is $1,000, then the company will have to sell 150 million smartphones to make a profit comparable to this loss. And this is only dirty income, not profit.

Sales of the iPhone 14 will start the day after tomorrow.

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