page contents Verification: 5b9b03686133505b Apks Mods Technews hackers hack
Thursday , January 17 2019
Home / Tech News / 2019 / Apple $450 Billion Wipe out – One of the Heart Breaking News

Apple $450 Billion Wipe out – One of the Heart Breaking News

Apple $450 Billion Wipe out – One of the Heart Breaking 

Before 3 months, Apple was one of the highest revenue company in the world.

But, since October 2018 almost $450 billion has been wiped out from its value.

It will shock you that the amount is more than the market cap of Facebook.

According to Forbes,

Apple has issued a warning note to investors ahead of its quarterly earnings call on January 29th. The key item of note is that revenue estimates are down from the projected $93 billion.

Apple CEO Tim Cook writes,

According to Business Insider South Africa,

Just three short months ago, Apple was on a high as the most valuable company in the world.

But since Apple hit a peak of $232.07 a share on October 3, giving it a market cap of $1.12 trillion, it has dropped to $142.19 as of Thursday’s close, wiping $446 billion from its value. Its market cap stood at $674.75 billion on Thursday.

Apple last three-month earning chart will also make your belief strong about this news.

About Ahmad

Check Also

In 2030, man will be able to upload his mind to the computer. but how?

Ray Karezoz who is an engineering engineer in Google, believes that humans and machines will …

Leave a Reply

Your email address will not be published. Required fields are marked *