On paper, Apple shareholders lost $27 billion Wednesday

Unwinding the Trump effect.

Of the five most valuable tech companies by market cap, Apple took the biggest hit.

Trump effect on the five most valuable tech companies

Click to enlarge. Not seeing the fever chart? Try the website. 

From the New York Times: The Trump effect since Nov. 9.

7 Comments

  1. Richard Wanderman said:

    For me, the more interesting question is, why the market got this so late. The fact that things were going well up until now says worlds about how self-centered people are: profit before country.

    Sad.

    1
    May 18, 2017
  2. HAZEM El-Refaey said:

    The world might face cyber Hiroshima before too long. This will be catastrophic for “the market”. Mr Trump is conscious of the achilles heel in the world. It is cyber vulnerability. Pacifying other rising global powers is needed. Trump is not the problem, He is trying to deal with cyber terror. He came to power by simple dangerous propaganda, but the serious issue is not that, it is in fact that we are now away from nuclear balance of terror to cyber vulnerability. AAPL will be a minute detail …The market feels the threat but can not vocal it. No one wants to!

    0
    May 18, 2017
  3. Fred Stein said:

    Most tech stocks have already recovered about 1/2 of yesterday’s glitch.
    This event serves as a reminder that AAPL is a great tech stock. I’m a broken record on this – at current valuations, buybacks and dividends which increase at 10% annually, make AAPL a long-term hold. Apple can withstand some shocks. Other tech stock would have to drop considerably, before buyback kick in.
    More importantly, Apple’s long term growth potential is not priced in.

    1
    May 18, 2017
  4. Jonny Tilney said:

    As much as jealous nellies would like it all to collapse and bankrupt everyone’s pensions provider, it won’t happen. The global fundamentals are OK for a sustained run for at least 3 to 5 years, after the much longer period of trauma post 2008. Of course individual events will create short term ups and downs but nothing to take AAPL off its long term growth trajectory. See it all before and wiser for it!

    1
    May 18, 2017

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