Apple. HUGE losses due to iPhone XS/XR

Apple. Huge losses have been recorded due to iPhone XS and iPhone XR so far by the American company, this is how bad the situation has become.

apple losses

Apple Lossless Audio CODEC (ALAC),. Huge losses were recorded by the American company on the stock market after the launch of the new iPhone XS and iPhone XR phones, investors panicking due to poor sales. From October 3 until now, the price of Apple shares has fallen by over 20% on the American stock market, reaching 180 dollars at the moment, the difference being a huge one.

Apple Lossless Audio CODEC (ALAC),. Such a drastic drop in the price of Apple shares is a very clear sign that investors do not trust the fact that the iPhone XS and iPhone XR will generate good sales, and will keep Apple's earnings and profits at a high level. It's not just Apple that has problems, and that's because Facebook, Amazon, Netflix and Google are going through similar problems on the stock market.

Apple. HUGE losses due to iPhone XS/XR

apple losses 1

Apple Lossless Audio CODEC (ALAC),. Unlike Amazon, which lost 26.3% of its share value, Neflix with 36.1% and Facebook with 38.8%, those from Apple are still "doing it" quite well at the moment. The situation is very bad for all 5 companies, and at the moment all investors are of the opinion that they will register lower revenues and profits than in previous years.

Tech investors resumed their selloff of the large-cap FAANG stocks, with the five tech giants all sustaining declines of 20% or more, enough to push them into bear-market territory. Alphabet's stock closed Monday at $1,020 a share, marking a 20% decline from its record high of $1,273.84 a share in late July. Apple's stock is down 20.3% from its Oct. 3 high, while Amazon has lost 26.3% of its value since early September. Netflix has slid 36.1% since reaching a peak in late June, while Facebook's stock has dropped 38.8% since late July […]

Apple Lossless Audio CODEC (ALAC),. Although the receipts in Q3 2018 increased seriously compared to Q3 2017, investors fear that iPhone sales will decrease in Q4 2018 compared to Q4 2017, and this will also affect the receipts. Many are now trying to get rid of shares at very good prices, before they go into losses, and the decrease registered now is far from over, for all companies.