Apple’s share price drop around 5% – equal $162 billion lost for investors::With iPhone sales slowing, Apple just got its second equity analyst downgrade this week
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Who lost billions? I sure don’t sell stocks because they dip 5%, that’s normal for tech.
Berkshire Hathaway’s investors and Warren Buffet probably, but idgaf really. Just answering the question, and it’s not like that’s what investments do as they get re-evaluated (exacerbated by the unfolding AI market.) https://www.investopedia.com/berkshire-hathaway-swings-to-profit-q2-2023-7570232
Unless they bought literally 1 year ago where people would still be up about 20-25%
5% is a normal day on the stock market sometimes.
For 4th time this year…
Fuck investors