It has been a weird week for Apple investors. After an impressive ride up in recent months, the smartphone manufacturer’s share price has dropped sharply, dropping to well below $ 2000 billion. In eighteen days, the company has lost 500 billion in market value.
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In August there seemed to be no problem. Halfway through last month, the American tech company tapped a stock market value of 2 trillion (2000 billion) dollars for the first time in its history. After the stock split in late August, a day later it even set a record of $ 134. Meanwhile, according to investors, the company is suddenly worth 500 billion less.
There is no clear reason for this decline, but the postponement of the new iPhone due to the corona pandemic probably has a big finger in the pie here.
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