Wall Street dings Apple after some reported LTE connectivity issues on the new Watch

Wall Street dings Apple after some reported LTE connectivity issues on the new Watch

7 years ago
Anonymous $wKBR2uNMvM

https://techcrunch.com/2017/09/20/wall-street-dings-apple-after-some-reported-lte-connectivity-issues-on-the-new-watch/

There are a lot of reports hitting the ‘net this morning in reviews of the Apple Watch Series 3, which indicate that there are some LTE connectivity issues — causing Apple to take a small dip this morning and a speed bump in its march to $1 trillion.

Shares of Apple fell around 2.5% this morning, which for Apple is a pretty substantial ding for the company despite the deceptively small number. Apple is a company worth more than $800 billion, so such a small drop can erase tens of billions in value — the equivalent of a Snap, Twitter, or some other smaller market-cap company. Here’s the chart: