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The month of November was not good for the Apple brand, which will have sank about 23% of Wall Street's value.
It looks like it was a long time ago, but it's in August that Apple celebrated the multi-billion dollar brand, being the first American company to become a "baby of a trillion dollars". Since then, things have not been easy for the company headed by Tim Cook, who has devalued at a frantic pace to become the flag of a technology sector that is not healthy.
While it was not only the apple brand to devalue but also other tech giants, the iPhone owner unveiled its fourth quarter budget estimates that left investors worried . Although he is making more money with the newer, more expensive iPhone models, the economical version of the iPhone Xr was very disappointing, even causing the manufacturer to consider its continuity.
According to the Jornal de Negócios newspaper, Apple has depreciated by 23% since early November, coinciding with the announcement of lower sales for the current quarter. The company now has a value of $ 828.64 billion, although at the last session of the stock market, it recorded an increase of 1.35% ($ 174.62 per share).
Microsoft, on the other hand, was less "penalized" on the stock market, closing Monday with a rise of 3.30% to reach € 822.89 net worth (and a value of 106.47 USD per share). Value that has consolidated a position very close to its competitor Apple. During Monday's session, the difference in value between the two giants was "only" three billion dollars.
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