Apple , the world’s most valuable company, saw its stock decline by 2.8% in Friday’s trading following the U.K.’s vote to leave the European Union. This was largely related to overall market movements, as well as concerns about the company’s sales and profitability in Europe following the historic vote. That said, Apple fared comparably better than the NASDAQ and S&P 500 indices, which fell by about 4% and 3.6% respectively. Below, we outline some of the potential implications of the Brexit for Apple and explain why the impact on Apple stock was somewhat muted compared to the broader market.

from Forbes – Tech http://ift.tt/28XO8I2
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