MORE than £30billion was wiped off the value of APPLE today - on fears the iPhone maker could CRUMBLE.
Shares in the tech giant plunged 10 per cent on Wall Street after record results DISAPPOINTED experts.
Apple have reported staggering quarterly sales of 47.8million iPhones and revenues of £2.5billion a week.
But the giant's lower revenue forecasts upset experts who fear it has little in development to match previous game-changing launches such as the iPod, iPhone and iPad.
There are also worries that fierce rival SAMSUNG is beginning to win smartphone and tablet customers from them.
David Jones at IG INDEX said: "It's reality catching up with the hype.
"Apple are beginning to be seen the same as any other company.
"Look at the recent launches, iPad mini, iPhone5, it's evolutionary rather than revolutionary."
Peter Misek, analyst at stockbroker JEFFRIES said: "We think Apple is losing the screen-size wars."
He added fears of a slowdown were "real and material".
Apple's shares touched $700 in September - making the company the most valuable in the world.
At the time the Sun warned the tide may be about to turn given riots by low-paid staff in China and the rise of Samsung.
Since September, Apple's share price has fallen 34 per cent on fears the company is past its peak.
Yesterday afternoon they were as low as $462 in the US.
Apple is still so big, the £30billion fall equivalent in its value is still the equivalent to TWO entire NOKIAs.
It has £86billion of cash in the bank - bigger than Vietnam's entire economic output.
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