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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

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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

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[–] paddirn@lemmy.world 5 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.