“Apple Inc.’s share decline Wednesday wiped almost $43 billion off the iPhone-maker’s market value in just one hour,” Alex Webb reports for Bloomberg.
“That’s more than the entire market capitalization of multinationals such as Deutsche Bank AG and Glencore Plc, as well as technology companies Netflix Inc., eBay Inc. and Electronic Arts Inc.,” Webb reports. “The difference between Apple’s market value of about $540 billion and the next biggest company, Google parent Alphabet Inc., is still about $55 billion — or approximately the capitalization of BMW AG.”
Apple also lost more than the entire market value of Tesla Motors in one hour.
Check out the chart in the full article here.
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