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Congratulations! Apple Loses Record $463 Billion in Market Cap in Three Months

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Mish

Global Economic Analysis

Published : January 04th, 2019

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FOLLOW : Apple Billion Market Record

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Category : Opinions and Analysis

Apple set a record that will take a long time to beat. The first $ trillion company lost nearly half that in 3 months.

On, August 2, Apple became the World's First Trillion-Dollar Company at $207.05 per share. Hooray!

On October 3, Apple had a peak market cap of about $1.138 trillion.

Today, Apple's market cap is about $675 billion. That's a record market cap loss of $463 billion in three short months.

Expect more stories similar to this, but this may be hard to top. Amazon has a chance but it needs a big disaster soon.

Source : moneymaven.io

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Mish 13 abonnés

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com

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