Technology

59381 readers

2931 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

Apple's share price drop around 5% -- equal $162 billion lost for investors (www.nexttv.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

16 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments

[–] paddirn@lemmy.world 7 points 10 months ago

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.