Apple again loses $2 trillion market valuation

Posted:
in General Discussion edited September 2020
Apple has again lost its $2 trillion market capitalization, with AAPL share prices closing at $112.82 at end of trading on Tuesday.

Apple again loses $2 trillion market valuation.
Apple again loses $2 trillion market valuation.


The sub-$2 trillion valuation comes just a few days after Apple recovered from a similar plunge on Sept. 3. During a widespread tech industry sell-off, Apple bled nearly $180 billion in market capitalization -- the worst one-day loss for any company ever.

AAPL's closing price of $112.82 results in a market valuation of $1.96 trillion. That's reached by multiplying the share price by the number of outstanding shares.

Apple's stock was down 6.73% on the day after the closing bell Tuesday.

The Cupertino tech giant in August became the first publicly traded U.S. company to hit a $2 trillion valuation. Since that day, Aug. 19, Apple's share prices have dropped 2.5%.

Apple's current share price has been readjusted due to the recently completed four-for-one stock split on Aug. 31. The split gave each shareholder three additional shares for every one held, each at 25% of their original value.

Comments

  • Reply 1 of 15
    cgWerkscgWerks Posts: 2,899member
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!
    Scot1Beatsflyingdpyojimbo007watto_cobra
  • Reply 2 of 15
    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!

    Unsure of why it was at $2.25T.  As a shareholder, I get worried when P/E > 24.  When it is at 36, it's in edgy territory.

    I know with this "rule", I've lost out on a lot (AMZN at 126, TSLA at 1080) of investments, but it's out of my risk territory.

    I think that there is room for AAPL to grow into the P/E closer to 16-24, especially with the 5G cycle.
    muthuk_vanalingamwatto_cobra
  • Reply 3 of 15
    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!

    Unsure of why it was at $2.25T.  As a shareholder, I get worried when P/E > 24.  When it is at 36, it's in edgy territory.

    I know with this "rule", I've lost out on a lot (AMZN at 126, TSLA at 1080) of investments, but it's out of my risk territory.

    I think that there is room for AAPL to grow into the P/E closer to 16-24, especially with the 5G cycle.

    PE is irrelevant look at Netflix, Amazon, Chipotle and Tesla just to name a few. Apple at 30 to 40 PE is a bargain.
    aderutterMacProwatto_cobra
  • Reply 4 of 15
    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!
    Because people like you still think apple's market cap is currently worth $2.25 trillion right now.

    the better question to you is why was apple's market cap ever worth $2.25 trillion dollars in the first place?
    edited September 2020 flyingdp
  • Reply 5 of 15
    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!

    Unsure of why it was at $2.25T.  As a shareholder, I get worried when P/E > 24.  When it is at 36, it's in edgy territory.

    I know with this "rule", I've lost out on a lot (AMZN at 126, TSLA at 1080) of investments, but it's out of my risk territory.

    I think that there is room for AAPL to grow into the P/E closer to 16-24, especially with the 5G cycle.
    You should not look at Apple’s Pe in isolation rather relative to similar companies  and the sector.. 
    watto_cobra
  • Reply 6 of 15
    Don’t sweat it. Look at TSLA (Tesla) they had a massive drop today and their stock is down more than 30% compared to just a week ago. That’s a HUGE drop.
    watto_cobra
  • Reply 7 of 15
    flydogflydog Posts: 1,097member
    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!
    Because there were more people offering their shares for sale than there were people interested in buying shares.

    Doesn't get any more rational than that. 

    Ahh... you gotta love the people who comment about things they know nothing about!
    edited September 2020 fastasleep
  • Reply 8 of 15
    flydogflydog Posts: 1,097member

    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!
    Because people like you still think apple's market cap is currently worth $2.25 trillion right now.

    the better question to you is why was apple's market cap ever worth $2.25 trillion dollars in the first place?
    See post 7.
  • Reply 9 of 15
    No one cares, except the media and a few day-traders with RobinHood accounts.
    the monkrevenantmuthuk_vanalingamwatto_cobraSpamSandwich
  • Reply 10 of 15
    Ultimately, it’s completely meaningless.  The Company value hasn’t actually changed at all as it has the same assets and liabilities. As another post says, it’s just a casino. A few folks gambling with other people’s money making their own rules up as they go along. They will make huge profits on the ups and the downs for their own benefit. 
    revenantmuthuk_vanalingamwatto_cobracgWerks
  • Reply 11 of 15
    Rayz2016Rayz2016 Posts: 6,957member
    Ultimately, it’s completely meaningless.  The Company value hasn’t actually changed at all as it has the same assets and liabilities. As another post says, it’s just a casino. A few folks gambling with other people’s money making their own rules up as they go along. They will make huge profits on the ups and the downs for their own benefit. 
    Exactly. 
    muthuk_vanalingamwatto_cobracgWerks
  • Reply 12 of 15
    It will continue to wobble more up than down over the coming next few years, no worries. 
    AAPL have have $200 billion in cash, will continue the buy-backs, and have an upcoming mega cycle with lots of new products for their sticky consumers... 
    watto_cobra
  • Reply 13 of 15
    MacProMacPro Posts: 19,523member
    cgWerks said:
    So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
    Ahh... you gotta love the Wall Street Casino!
    Because people like you still think apple's market cap is currently worth $2.25 trillion right now.

    the better question to you is why was apple's market cap ever worth $2.25 trillion dollars in the first place?
    I suspect in a year or two you may look back at that comment and ask your self what on earth were you thinking.  I remember very well many here stating Apple could never get past $700 and that was pre the 7:1 split.
    watto_cobracgWerks
  • Reply 14 of 15
    dysamoriadysamoria Posts: 3,430member
    Oh WOW, I so don’t give a shit!

    I wish I could filter out every single Wall Street “news” article from *every* news entity and aggregator everywhere. I’m sick of hearing about the damned casino that is the stock market, and sick of the influence it has over economies and the perception of economies.

    It’s a pile of gambling BS, especially for the wealthy and the privileged, and has nothing whatsoever to do with representing how the average person is doing while living in the real world.

    Yes, I once had a 401K. No, don’t tell me about your personal investment portfolios and how they helped you “grow your wealth”.
    muthuk_vanalingamcgWerks
  • Reply 15 of 15
    cgWerkscgWerks Posts: 2,899member
    choctawfootball said:
    Because people like you still think apple's market cap is currently worth $2.25 trillion right now.
    the better question to you is why was apple's market cap ever worth $2.25 trillion dollars in the first place?
    I have no idea what it should be... I'm just pointing out that Apple's value clearly didn't change that much in a couple days.
    I think it has lots to do with news stories, whether about tech, Apple, or just the state of the world... whether accurate or not.
    I'm never seen much rationality in the markets.

    flydog said:
    Because there were more people offering their shares for sale than there were people interested in buying shares.
    Doesn't get any more rational than that. 
    Ahh... you gotta love the people who comment about things they know nothing about!
    Why were they suddenly wanting to sell (and others suddenly not wanting to buy)?

    As an aside, that's not my uninformed opinion. I borrowed that from a friend who does *play* the markets quite a bit and while I'm not sure if he's an expert, knows quite a bit about them (uses special analysis software, etc.). He says that if the markets were intended to be investments, the rules would be different.

    That said, I do know a bit about economics. It's a social science, but often gets mistaken for a branch of the formal sciences. I think that's more what's going on in this case as well. If you want to know why Apple is changing in valuation so rapidly, it's mostly about understanding human behavior.

    Ultimately, it’s completely meaningless.  The Company value hasn’t actually changed at all as it has the same assets and liabilities. As another post says, it’s just a casino. A few folks gambling with other people’s money making their own rules up as they go along. They will make huge profits on the ups and the downs for their own benefit. 
    The problem is that it actually has real world impacts on companies in the markets. Maybe not quite so much now at Apple's scale.
Sign In or Register to comment.