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Apple shares hit a new record Monday: the share value exceeded $184. However, investors could only be happy for a short time. Because on Monday, Apple introduced new products, including the new cyber glasses Apple Vision Pro. However, Apple shareholders were not satisfied with this situation.
First of all, the price caused growing misunderstanding: at $3499, it exceeded the wildest expectations. And cyber goggles look like bulky ski goggles – which doesn’t go too well either. Battery life is also only two hours.
Stock drops below $180
On Monday after the presentation, the share price said goodbye to a new record high. The price dropped 1 percent after Apple announced the price of the glasses.
Meanwhile, the share price stabilized again at around 179 francs. Although still a high valuation, the stock has not fully recovered after Monday’s drop. About 5 francs per share wasted. With more than 15 billion shares, this means that Apple has already lost about $ 80 billion due to the new cyber glasses. (kae)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
