Apple loses $26 Billion after shares fall 4.2% due to recent events.

[Tech_Dreamer]

samsung shortened the stock delibratley... those fuc*ers will do anything to make apple go down even if it's for a bit...

[Psykomantis00]

When they announce the OSX tablet the iPad pro it will skyrocket again. 

[99vw]

investors lost those billions, not  apple ...

 

Very true and that is the price of investing. But it is still going to be something that Apple will have to attend to as there will be noise from shareholders.

[Victorious Secret]

ITT: People don't understand how trading works. 

 

Trading isn't based off facts, its based off emotion. Those investment bankers who have more money than makes sense after a weeks worth of trades? They don't trade based off facts. They exploit human emotion (and the instability that comes with it) to earn money. 

 

People knee jerk all the time in the stock market over the dumbest crap, this is no different. Apple might have lost money, I bet you anything someone MADE money off this too. Its how it works. 

 

I'm sorry if I am shitting on your "DAE APPLE IS DYING WHOOHOOO" fantasies, but this is business as usual for a Fortune 500 company. A top 5 Fortune 500 company. A electronics company that shares its place with Chevron, Walmart, Exxon and Berkshire Hathaway. I think Apple will be just fine. 

[dizmo]

Read More: http://americasmarkets.usatoday.com/2014/09/03/22b-gone-gravity-hits-apple-at-100-a-share/

 

It is absolutely insane how a few incidents can make a company lose billions of dollars in the blink of an eye. It really puts into perspective just how volatile the stock market can be and just how much money can be lost. And it certainly doesn't help when your business is largely based off, what some might consider a single product.

I see you left out what might be one of the more important take aways from the article.

The fact that Apple's stocks are still at an all time high, and up well over 20% for the year.

While this is a little hick up, they're still a very, very strong company.

 

 

This can easily be fixed with the new iPhone and hopefully the iWatch, but Apple need to step up their game and release some must have tech in order to keep their edge

 

Time will tell

I think any new tech will draw people to purchase. Especially with Apple...they seem to be able to stick their name on anything.

Still love that Mad sketch... the iRack. "Nooo, the iRack looks too unstable!"

 

Android is only growing in a different market demographic (cheap phones in developing nations) and WP market share has slowed since Q4 2013.  Apples loss of market share has been a very gradual trend.

Apple actually lost a huge portion of market share over the last quarter in the US, lose to 10% by some estimates.

I'm sure the new phone will gain back a lot of waning Apple fans, however only time will tell.

[Scionyde]

Sooo...now's the time to buy stock in Apple?

[ShadowCaptain]

People are already queing...this is the earliest people have ever queued up for the phone

 

Apparently the record for waiting outside a store is 18 days, and these 2 guys are trying to break it ><

 

http://www.trustedreviews.com/news/people-are-already-queuing-up-for-the-iphone-6

 

Look I love the iPhone..seriously its like my favourite gadget ever (and I have had a lot)....but I would never even bother queuing up early.... I am not even going to get one on launch day, just going to wait until my contract ends and get an upgrade, like a normal person

[patrickjp93]

investors lost those billions, not apple ...

Wrong. If you sell a share at less than market price the company pays you the difference. Short-selling a company can run it dry, which is another reason the big 2007 crash was so catastrophic.

[MrSuperb]

Wrong. If you sell a share at less than market price the company pays you the difference. Short-selling a company can run it dry, which is another reason the big 2007 crash was so catastrophic.

WHAT

Let's elaborate that for me. When do you think Apple would have to pay any difference?

[patrickjp93]

WHAT

Let's elaborate that for me. When do you think Apple would have to pay any difference?

Perhaps it's unique to investment banks (though I doubt it), but I'm pretty sure any company on the NYSE must pay to its shareholders the difference between market value and the selling price of the share block. It's a way of punishing companies who lose investor faith. If that wasn't the case short-selling wouldn't bankrupt companies the way it has in the past. Is there more to this mechanism someone here knows about? I've only got rudimentary knowledge of the workings of Capital gains and securities laws.

[MrSuperb]

 the difference between market value and the selling price of the share block.

 

The market value dropped by 4.2%

What do you think "the selling price" is in that case ?!

[Umair]

Apple did not lose $26bn, per se... That amount may have simply been wiped off its market capitalisation.

 

Big difference.

[patrickjp93]

Apple did not lose $26bn, per se... That amount may have simply been wiped off its market capitalisation.

 

Big difference.

I just double-checked. You're mostly right. In reality Apple lost all of 3.7 billion give or take.

 

 

The market value dropped by 4.2%

What do you think "the selling price" is in that case ?!

Whatever an individual sells a share for. Market price is the price considered by Nasdaq/NYSE.

[ZiggyManSaad]

People fail to realize that iCloud wasn't hacked. iCloud doesn't store video's or anything from an Android device. If you feel like looking at the photos, you can tell that there are more than just iPhones there. Pure ludicrous.

[Umair]

I just double-checked. You're mostly right. In reality Apple lost all of 3.7 billion give or take.

 

 

Whatever an individual sells a share for. Market price is the price considered by Nasdaq/NYSE.

If you take their market capitalisation and divide it by the current share price, you will find that there are around 6bn shares in circulation.  The share price slumped from 103.30 (Sept 3rd, 16:00) to 98.98 (Sept 4th, 16:00), so the $26bn does sound about right.

[mr moose]

If you take their market capitalisation and divide it by the current share price, you will find that there are around 6bn shares in circulation.  The share price slumped from 103.30 (Sept 3rd, 16:00) to 98.98 (Sept 4th, 16:00), so the $26bn does sound about right.

 

Yes, the total value of share price loss would be $26B, but that is not a loss per se to apple, it would be more accurate to describe it as a financial resource it no longer has access to. 

 

People need to remember that it wasn't long ago that apples shares increased by almost 38% in april, so as I said before, this 4.2% drop is a mere hiccup.

[MrSuperb]

I just double-checked. You're mostly right. In reality Apple lost all of 3.7 billion give or take.

 

how to you come to that number?

 

Whatever an individual sells a share for. Market price is the price considered by Nasdaq/NYSE.

 

and you know how the market price is determined ?!

[Builder]

My turn.

Oh,that's why they're so desperate.

So informative. And it got two likes as well! The things that likes get you on the forums these days...

 

It wasn't hacked.

The accounts were brute-forced cracked.

The cracker tried all the possible combinations,until one worked.

iCloud didn't have any protection against that.Like,you can't login more than 5 times in whatever minutes or something.

No, highly unlikely that it was brute forced. You can read Nik Cubrilovic's article on the subject here: https://www.nikcub.com/posts/notes-on-the-celebrity-data-theft/

 

Much more likely to be social engineering.

 

the fact that Android and WP8 are growing rapidly.

Android's growing a lot in emerging markets. The massive market share it has is mostly cheap phones that barely run Android, not flagship Samsung or HTC devices.

 

I'm not into the stock market, but I know that the Android growth is just going to be a domino effect unless the iPhone 6 is better than what the rumours are saying.

It's always been better than what the rumors have said. Always. There's always at least a handful if not a large cache of amazing features, (often in software or deep inside chips like 64-bit) that nobody figures out.

 

Also this is frankly no surprise. When their stock started climbing so rapidly it was pretty clearly a pump n' dump. No other explanation. Apple is constantly a victim of market manipulation because they are the largest company in the world.

[Umair]

Yes, the total value of share price loss would be $26B, but that is not a loss per se to apple, it would be more accurate to describe it as a financial resource it no longer has access to. 

 

People need to remember that it wasn't long ago that apples shares increased by almost 38% in april, so as I said before, this 4.2% drop is a mere hiccup.

To be honest, its financial resources are not affected that much either.  The $26bn went no where.  All it means is that if Apple was put on for sale right now, it would get $26bn less than what it would have got yesterday.  These prices only affect the secondary market, as long as Apple is not issuing new shares.  Therefore the price change does not directly affect Apple monetarily, though they still have their shareholders to answer to.

[Umair]

 

Also this is frankly no surprise. When their stock started climbing so rapidly it was pretty clearly a pump n' dump. No other explanation. Apple is constantly a victim of market manipulation because they are the largest company in the world.

Apple is the most valuable, not the largest.  A company's size is normally measured by its revenue.

[mr moose]

Also this is frankly no surprise. When their stock started climbing so rapidly it was pretty clearly a pump n' dump. No other explanation. Apple is constantly a victim of market manipulation because they are the largest company in the world.

 

Apple shares surged 38% since the company’s quarterly report in late April, when results surpassed expectations and the company unveiled a 7-for-1 stock split.

 

 

Investors went into a frenzy.   There has been no real dump as the prices has only edged down slowly. 

[mr moose]

To be honest, its financial resources are not affected that much either.  The $26bn went no where.  All it means is that if Apple was put on for sale right now, it would get $26bn less than what it would have got yesterday.  These prices only affect the secondary market, as long as Apple is not issuing new shares.  Therefore the price change does not directly affect Apple monetarily, though they still have their shareholders to answer to.

 

Shares are a companies resource.

[MrSuperb]

Yes, the total value of share price loss would be $26B, but that is not a loss per se to apple, it would be more accurate to describe it as a financial resource it no longer has access to. 

 

lol .. no ... thats not how shares work

[MrSuperb]

Shares are a companies resource.

 

nope ... assets are

 

 

 

The market cap of AAPL is more than twice as high as it total assets.

[Nineshadow]

My turn.

So informative. And it got two likes as well! The things that likes get you on the forums these days...

 

No, highly unlikely that it was brute forced. You can read Nik Cubrilovic's article on the subject here: https://www.nikcub.com/posts/notes-on-the-celebrity-data-theft/

 

Much more likely to be social engineering.

 

Android's growing a lot in emerging markets. The massive market share it has is mostly cheap phones that barely run Android, not flagship Samsung or HTC devices.

 

It's always been better than what the rumors have said. Always. There's always at least a handful if not a large cache of amazing features, (often in software or deep inside chips like 64-bit) that nobody figures out.

 

Also this is frankly no surprise. When their stock started climbing so rapidly it was pretty clearly a pump n' dump. No other explanation. Apple is constantly a victim of market manipulation because they are the largest company in the world.

Sometimes I feel sad for people like you...the blackhole just keeps growin' and growin'

 

Yeah...features in iOS.Most features being already present in Android.

 

"deep inside chips like 64-bit".Apple didn't invent the first 64 bit chip for phones!Jeez.ARM V8 was released way back in 2011.And how does a feature already present in a current generation phone make you want to buy the next one?And what the hell does 64-bit have to do with "great features"?It barely helps at all!I mean...we don't get more than 4GB-s of RAM for phones,and I can't say that there's a major difference over 32bit.Sure,it's always better,at least for the future.But is buying just for 64-bit worth it,when there are no apparent benefits?Nah.

 

Oh...and Apple aren't even close to being the largest company in the world.

What have they put in your brain?

You feeling OK buddy?