Apple (AAPL) just destroyed more than $40 billion in stock market value on weak earnings


Apple (AAPL) just destroyed more than $40 billion in stock market value on weak earnings
Put another way, the 8% decline in stock price following the announcement that Apple’s quarterly revenue decreased for the first time in 13 years, lowered the market value of the company by approximately the entire market value of Netflix.

April 27, 2016 at 10:44AM
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