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April 27, 2016 02:52 pm GMT

Apple investors officially shave over $40 billion off Apples market cap

shutterstock_152974484-apple-aaplIt was bound to happen, but now it’s official. Apple shares opened at $96, down 8 percent compared to yesterday’s closing price of $104.35. But because this downswing is about Apple, 8 percent represents a lot of money. In just one night, Apple investors shaved around $43 billion off the company’s market capitalization. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PakvfDFGPkY/

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