Apple lost $180 billion in market value today – the biggest loss for any company ever

Apple is really good at setting records. Apple shares shed a tidy 8% on Thursday, a poor day for technology shares all around, which equates to a loss of roughly $180 billion in market value or around the combined value of IBM, Dell, and HP.

Apple Park in Cupertino, California
Apple Park in Cupertino, California

Nicholas Jasinski for Barron’s:

It’s the largest one-day loss in value for any company ever, but still leaves Apple with a market cap of well over $2 trillion. Big numbers are fun.

The previous one-day loss record was a weird one. Back in October 2008, sports car maker Porsche revealed that they had gained control of a majority of voting shares in Volkswagen. That set off a massive short squeeze, which propelled Volkswagen shares 82% higher to briefly become the most valuable company in the world—at $348 billion, meager by today’s standards. Things normalized a bit the next day, and VW stock lost 44%, or $153 billion in market value.

In the U.S., the largest one-day market cap loss came from Facebook stock on July 26, 2018… losing over $119 billion in market value.

MacDailyNews Take: You’ve got to take the bad with the good and, thankfully, AAPL shareholders have had a lot of good this otherwise sorry year (so far). Thursday’s close of $120.88 is the lowest since just August 20th – a mere 10 trading days ago. Apple stock is still up 65% since the start of the year which must not be named, and up 127% over the past twelve months. 🙂


  1. Apple could buy Cuba. If they spend one Trillion, they could give every person in the country $88,197 in US currency. If nothing else, I understand they are quite well educated there, and could get up to speed on doing useful stuff for Apple quite quickly. Haiti would be cheaper, but that would be a long term investment.

    I’m not saying this is the smart thing for Apple to do, but it is interesting to think that they could.

  2. On March 29, 2020 (5 months ago), you could have bought Apple Stock for $229 ($57 per share after last weeks 4 way split). Today Apple Stock closed at $120.88 (with the split) . . . So in 5 months your stock went from $57 to $120 and you “lost” money?

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