4 ms·
Apple didn’t lose money because their stock price dropped. All their shares out in the world lost that much value. The stock price has little, if any, affect on
by jagged-chisel 1y ago
Apple didn’t lose money because their stock price dropped. All their shares out in the world lost that much value. The stock price has little, if any, affect on the company and its bank accounts.
- chongli 1y agoIf anything, it makes it cheaper for Apple to buy back shares!
- pmontra 1y agoIt means that Apple and their shareholders can do less things with those shares. Buying companies with their shares or selling shares to buy a car.
- scarface_74 1y agoApple buys mostly small companies with cash.