Apple's stock fell 12 percent today, its worst tumble in four years. Nobody knows if this is the beginning of the end, or a lull between two glorious chapters of market dominance.
What
we do know is that Apple lost an eighth of its market cap today, or $52
billion in stock value. That's more than the market cap of some very
big, very famous companies (h/t Rebecca Jarvis for the first comparisons) ...
Big picture: This says as much about the monstrous size of Apple
(which just "disappointed" with $54 billion in revenue last quarter) as
it does about the size of today's sell off.
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