The results are in. Actually, they’re not in. And that was a major problem yesterday for Apple.

You see, the company had to do something they almost never do. They had to revise their earnings guidance.¹ Downward. The stock was halted. Yikes.

Today, the stock is down nearly 10%. Tens of billions of dollars have been shaved off of Apple’s market cap, literally overnight. The company is now the 4th most valuable corporation in the world. That sounds like a great thing until you remember that until recently, it was the most valuable company in the world — and for much of the past several years, this was the case by far.

Källa: Apple’s Precarious and Pivotal 2019 – 500ish Words

Mackens Fråga: Ska Apple delas upp?
Share This