“Apple has reclaimed the title of most valuable public company in the world,” Lauren Feiner reports for CNBC.
“The company surpassed Microsoft and Amazon Wednesday with a market capitalization of $821.59 billion,” Feiner reports. “Microsoft ended the trading day with a market value of $813.48 billion and Amazon ended the day with a market value of $805.70 billion”
“Apple suffered a steep loss in market value in early January after warning investors to expect weak revenue for its first quarter 2019. In the three months leading up to the warning, investors already anticipated the revenue drop and Apple’s market cap bled $452 billion,” Feiner reports. “Apple’s warning tempered expectations so effectively that its actual earnings report was well-received. The stock soared nearly 7 percent the day after Apple’s report.”
Read more in the full article here.
MacDailyNews Take: As it should be.
We still have several billion to go to be fairly valued, but at least the wild knee-jerk overreaction has begun to be mitigated.
As always, I blame Tim Cook for this mess.
Oh, a mess, I mean message of my own to the ZeroRandy fakes – you are doing a terrible job of impersonating me! I mean, just awful.
You’re like the zen types who know tomatoes are fruit, but don’t have the wisdom to exclude it from a fruit salad.
You’re like two Bondi Blue iMac users fighting over a 3.5-inch disk.
You’re like two bald men fighting over a hair dryer.
You’re even like alopecia universalis sufferers wanting a haircut, or a pair of eyebrow tweezers.
It’s laughable. There is only one original ZeroRandy – the rest of you are impure, lacklustre takes without any sense of style or originality.
Clearly you are a mentally ill person with no life.
From the number of times you are first to post, I imagine you sitting there with your pasty hand pushing “Refresh” over and over, all day long.
But I’ll give you that last one — “originality”. That is HILARIOUS.
You Sean are the one who posts as HornySean claiming I am finished? Fake fake fake fake views.
I’m ZeroRandy Von Ishonkbibble, I’m invincible and nothing nor no-one can stop my desire for domination of the MDN message board.
After all, the world is not enough for some, the MDN message board and a firm grip on sanity is all mine.
I think there’s a fake ZeroRandy trolling the real one… it’s the only explanation for the insanity, unless Zero really is insane.
Yes, there is a fake ZeroRandy doing the rounds of the MDN board, seeking to spew spew on Randy’s already spewed-upon reputation.
He’s doing a great job of enraging the real Zero Randy and Zero’s excellent and very smart haters, I’d say.
Good on you fake ZeroRandy! Keep up the good work.