this post was submitted on 05 Jan 2024
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61
Apple's share price drop around 5% -- equal $162 billion lost for investors (www.nexttv.com)
submitted 10 months ago by [email protected] to c/[email protected]
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

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[–] [email protected] 39 points 10 months ago

NOOOO SOMEONE THINK OF THE INVESTORS

[–] [email protected] 14 points 10 months 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.

[–] [email protected] 1 points 10 months ago

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

[–] [email protected] -5 points 10 months ago (1 children)

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

[–] [email protected] 9 points 10 months ago (1 children)

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

Unless you're on wallstreetbets.

[–] [email protected] 5 points 10 months ago* (last edited 10 months ago)

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

[–] [email protected] 12 points 10 months ago (1 children)

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

[–] [email protected] 1 points 10 months ago* (last edited 10 months 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

[–] [email protected] 11 points 10 months ago

"pretend lost"

[–] [email protected] 9 points 10 months ago

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

[–] [email protected] 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.

[–] [email protected] 7 points 10 months ago

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

[–] [email protected] 3 points 10 months ago

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

[–] [email protected] 2 points 10 months ago

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

[–] [email protected] 1 points 10 months ago

Fuck investors

[–] [email protected] 1 points 10 months ago

For 4th time this year...