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Apple's market value evaporated by $150 billion overnight, so why didn't the iPhone 14 work this time?

author:Science and technology life is fast

On September 13, local time, the three major U.S. stock indexes opened low and went low, plunging across the board, hitting the biggest decline since June 11, 2020. As of the close, the Dow was down 3.94%; The S&P 500 fell 4.32%; The NASDAQ index fell 5.16%.

Apple's market value evaporated by $150 billion overnight, so why didn't the iPhone 14 work this time?

U.S. tech giant Apple fell 5.87 percent, wiping $150 billion in market value overnight. Amazon fell 7.06%, Google A fell 5.90%, Microsoft fell 5.5%, tesla fell 4.04%.

Apple's market value evaporated by $150 billion overnight, so why didn't the iPhone 14 work this time?

In the past, as long as Apple released new products, it would shock the financial market, and the market value would explode, so why didn't the iPhone14 work this time? Why did you fall miserably today? Some people questioned whether the iPhone 14 did not perform well, causing Apple's market value to evaporate? Will Apple's market value still fall?

Apple's market value evaporated by $150 billion overnight, so why didn't the iPhone 14 work this time?

Some professionals have analyzed that in fact, the US stock market hit the biggest decline in two years, and the three major stock indexes plummeted across the board, resulting in a sharp fall in the technology giant, and Apple is not the one that fell the most. And Apple is the leader of American technology companies, naturally it is impossible to avoid being affected, and the market value has evaporated very badly. However, for Apple, it is all small money, which does not affect its status.

Some netizens said that it is normal to fall sharply with the emergence of the US technology bill. In addition, the market is sensitive, and Apple's hardware and software innovation is weak! The new version of Apple has no innovation, it seems that there is no new technology, and it has gone downhill. Living by selling old homes is following in Nokia's footsteps, indicating that the company is gradually declining.

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