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Apple’s Stock Price Dips, Losing Approximately RMB 807.3 Billion in Market Value in One Day
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Author：小编
On September 4th, Eastern Standard Time, Apple’s stock price experienced a decline, closing 2.51% lower at $319.97. This resulted in a single-day reduction in market value of $120.3 billion, equivalent to roughly RMB 807.3 billion. The market is closely watching the product launch timeline following the appointment of the new CEO, John Ternus. Apple is poised to enter a period of intensive new product releases, featuring items such as a foldable iPhone, an OLED version of the iPad mini, and more. However, the production ramp-up for the foldable iPhone has been sluggish, with initial daily output reaching only a few hundred units. This has sparked concerns among investors regarding the pace at which new products will be rolled out.
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