Apple's stock rout starts and ends with the iPhone

Apple's stock rout starts and ends with the iPhone

6 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/21/apples-stock-rout-starts-and-ends-with-the-iphone.html

The stock, once a safe haven from market turmoil, is more than 20 percent below all-time highs and clinging to modest year-to-date gains. The stock has shed more than a $100 billion of its historic $1 trillion market valuation. It's on pace for its eighth straight week of declines and its worst month of trading since the 2008 financial crisis.

And it all starts with the iPhone.

Apple's stock rout starts and ends with the iPhone

Nov 21, 2018, 7:09pm UTC
https://www.cnbc.com/2018/11/21/apples-stock-rout-starts-and-ends-with-the-iphone.html > The stock, once a safe haven from market turmoil, is more than 20 percent below all-time highs and clinging to modest year-to-date gains. The stock has shed more than a $100 billion of its historic $1 trillion market valuation. It's on pace for its eighth straight week of declines and its worst month of trading since the 2008 financial crisis. > And it all starts with the iPhone.