this post was submitted on 05 Jan 2024
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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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[–] qooqie@lemmy.world 37 points 2 years ago

NOOOO SOMEONE THINK OF THE INVESTORS

[–] Death_Equity@lemmy.world 14 points 2 years ago (2 children)

So, it is on sale? Apple has the market by the balls and will continue to grow unless some serious legal trouble kills them.

I don't even like Apple and consider them a good investment.

[–] phillaholic@lemm.ee 1 points 2 years ago

I’m waiting for a deeper sale due to the pending federal investigation.

[–] ABCDE@lemmy.world -5 points 2 years ago (1 children)

Not really. I bought at $160 something a few months back and sold at $190; it's currently $181.

[–] SpruceBringsteen@lemmy.world 9 points 2 years ago (1 children)

I think when most people talk investment they're speaking in longer terms.

Unless you're on wallstreetbets.

[–] ABCDE@lemmy.world 5 points 2 years ago* (last edited 2 years ago)

AAPL is up 40% over the last year, 361% the past five.

[–] 000@fuck.markets 12 points 2 years ago (1 children)

Who lost billions? I sure don't sell stocks because they dip 5%, that's normal for tech.

[–] Cogency@lemmy.world 1 points 2 years ago* (last edited 2 years ago)

Berkshire Hathaway's investors and Warren Buffet probably, but idgaf really. Just answering the question, and it's not like that's what investments do as they get re-evaluated (exacerbated by the unfolding AI market.) https://www.investopedia.com/berkshire-hathaway-swings-to-profit-q2-2023-7570232

[–] surewhynotlem@lemmy.world 11 points 2 years ago

"pretend lost"

[–] 1984@lemmy.today 8 points 2 years ago

5% is a normal day on the stock market sometimes.

[–] Pyr_Pressure@lemmy.ca 7 points 2 years ago

Unless they bought literally 1 year ago where people would still be up about 20-25%

[–] paddirn@lemmy.world 5 points 2 years 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.

[–] ABCDE@lemmy.world 3 points 2 years ago

...so? It increased pretty well over the past few months.

[–] superfes@lemmy.world 2 points 2 years ago

Are we supposed to cry about it now... or later?

[–] Aopen@discuss.tchncs.de 1 points 2 years ago

For 4th time this year...

[–] n3m37h@lemmy.dbzer0.com 1 points 2 years ago

Fuck investors