Saturday , January 16 2021

Apple posted nearly $ 70,000 million USD, more than four times the value of Falabella

One day to forget is what Apple experienced on Thursday. The iPhone manufacturer yesterday announced investors a significant adjustment to their sales forecasts for the first three months of the year.

"Warning" of the signature of the apple caused an immediate collapse of its shares in the off-road market, a trend that was repeated today in Wall Street formal transactions.

A few minutes before the end of the session, Apple's papers collapsed by nearly 10%, the worst day since January 24, 2013. With this low, Steve Jobs and Steve Wozniak beat US $ 74,123 million on the stock market and pulled back on its lowest level since July 2017.

What is being destroyed in the stock market equals 47% of IPSA or more than four times Falabella (USD 17,702 million), the most valuable Chilean stock market company.

Apple said it expects to raise $ 84,000. US $ in the first fiscal year this year, a significant drop compared to the 93,000 million. USD previously expected.

The information shook the world markets and intensified fear of cooling the global economy, with China as the epicenter of fear.

Apple raises fears of economic downturn, and Wall Street operates at nearly 3% losses

"While we expect some challenges in key growth markets, We did not predict the size of the economic downturn, especially in Great China"Said the company's director, tim cook in letter to the shareholders.

"In fact, most of our revenue losses were in relation to our forecasts, and about 100% of our worldwide revenue declines were in China due to iPhone, Mac and iPad," he added.

The White House said the situation for US companies would improve when Donald Trump signs the deal with China. "If we have a successful negotiation with China, sales of Apple and all other companies will recover," said Kevin Hassett, US Government Financial Advisor.

With the strong collapse, the Apple podium left the largest companies on the world market. Now the market value of US $ 675,000 is behind Google (US $ 709,000), Amazon (US $ 733,500 million) and Microsoft's leading (US $ 753,000).

The company in Cupertino had achieved in August last year to overcome the $ 1 billion barrier. (One million million) In market tires, but then a gradual decline began, which was part of almost the entire technology sector.

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