Saturday , February 27 2021

Apple undergoes a strong retreat and falls below the trillion-cap threshold Tecnologia



Photo: Archive

Photo: Archive

EFE

the multinational apple He lived on Monday another day to the disadvantage and in the Wall Street session fell by 5.04%, which led him to lose his myth trillion dollars of valuation and placed in merchandise 3 and a half months ago.

By the end of New York Stock Exchange Apple Technology Company presented a market value of over $ 970,000 million.

Apple shares fell to 5.2% this morning – it was finally 5.04% after one of his face recognition companies reduced their perspective.

Especially Lumentum Holdings, which manufactures face recognition technology for the latest iPhone models, said it had reduced its outlook for the second quarter of 2019.

the CEO of Lumentum, Alan Lowe, He said one of his biggest customers asked him to "significantly reduce shipment" for his products. Lumentum's shares fell more than 22%, followed by Apple's subsequent fall.

In the annual presentation of the 2018 fiscal year, Lumentum quoted Apple as its largest customer, equivalent to 30% of its revenue, a question noted by various investment banks.

Last week, Nikkei already reported that Apple stopped an increase in production for its new iPhone XRAll this after the controversy due to the fact that Apple has in its latest report decided not to report the number of units it sells in good quarterly results due to the increase in its prices, but it makes investors mistrust to face the future.

11/12/2018

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