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Apple's share price drop around 5% -- equal $162 billion lost for investors (www.nexttv.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Apple's share price drop around 5% -- equal $162 billion lost for investors::With iPhone sales slowing, Apple just got its second equity analyst downgrade this week

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[–] 000@fuck.markets 12 points 10 months ago (1 children)

Who lost billions? I sure don't sell stocks because they dip 5%, that's normal for tech.

[–] Cogency@lemmy.world 1 points 10 months ago* (last edited 10 months ago)

Berkshire Hathaway's investors and Warren Buffet probably, but idgaf really. Just answering the question, and it's not like that's what investments do as they get re-evaluated (exacerbated by the unfolding AI market.) https://www.investopedia.com/berkshire-hathaway-swings-to-profit-q2-2023-7570232