Apple again loses $2 trillion market valuation

Apple has again lost its $2 trillion market capitalization, with AAPL share prices closing at $112.82 at end of trading on Tuesday.

The sub-$2 trillion valuation comes just a few days after Apple recovered from a similar plunge on Sept. 3. During a widespread tech industry sell-off, Apple bled nearly $180 billion in market capitalization — the worst one-day loss for any company ever.

AAPL's closing price of $112.82 results in a market valuation of $1.96 trillion. That's reached by multiplying the share price by the number of outstanding shares.

Apple's stock was down 6.73% on the day after the closing bell Tuesday.

The Cupertino tech giant in August became the first publicly traded U.S. company to hit a $2 trillion valuation. Since that day, Aug. 19, Apple's share prices have dropped 2.5%.

Apple's current share price has been readjusted due to the recently completed four-for-one stock split on Aug. 31. The split gave each shareholder three additional shares for every one held, each at 25% of their original value.

15 Comments

cgWerks 2947 comments · 8 Years

About 4 years ago

So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
Ahh... you gotta love the Wall Street Casino!

jeffythequick 269 comments · 6 Years

cgWerks said:

So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
Ahh... you gotta love the Wall Street Casino!

Unsure of why it was at $2.25T. As a shareholder, I get worried when P/E > 24. When it is at 36, it's in edgy territory.

I know with this "rule", I've lost out on a lot (AMZN at 126, TSLA at 1080) of investments, but it's out of my risk territory.

I think that there is room for AAPL to grow into the P/E closer to 16-24, especially with the 5G cycle.

jmey267 57 comments · 12 Years

jeffythequick said:

cgWerks said:

So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
Ahh... you gotta love the Wall Street Casino!

Unsure of why it was at $2.25T. As a shareholder, I get worried when P/E > 24. When it is at 36, it's in edgy territory.

I know with this "rule", I've lost out on a lot (AMZN at 126, TSLA at 1080) of investments, but it's out of my risk territory.

I think that there is room for AAPL to grow into the P/E closer to 16-24, especially with the 5G cycle.

PE is irrelevant look at Netflix, Amazon, Chipotle and Tesla just to name a few. Apple at 30 to 40 PE is a bargain.

choctawfootball 6 comments · 5 Years

cgWerks said:

So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
Ahh... you gotta love the Wall Street Casino!

Because people like you still think apple's market cap is currently worth $2.25 trillion right now.

the better question to you is why was apple's market cap ever worth $2.25 trillion dollars in the first place?

yojimbo007 1165 comments · 12 Years

jeffythequick said:

cgWerks said:

So... anyone have a rational reason why Apple is worth over a 1/4 $trillion less today than it was a week ago?
Ahh... you gotta love the Wall Street Casino!

Unsure of why it was at $2.25T. As a shareholder, I get worried when P/E > 24. When it is at 36, it's in edgy territory.

I know with this "rule", I've lost out on a lot (AMZN at 126, TSLA at 1080) of investments, but it's out of my risk territory.

I think that there is room for AAPL to grow into the P/E closer to 16-24, especially with the 5G cycle.

You should not look at Apple’s Pe in isolation rather relative to similar companies and the sector..