The value of Apple has decreased 1.6 times in the last 3 months due to a decline in revenue



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The American company Apple in early January 2019 became the fourth most expensive American company. Over the last three months, its cost has multiplied by 1.6.

Apple is now inferior to Microsoft, Amazon and Alphabet (Google's parent company), and its market value is $ 680 billion. At the same time, in early October 2018, Apple's value exceeded $ 1.1 trillion. As a result, the company lost approximately $ 420 billion in capitalization.

According to Bloomberg, the decline is observed in all technology giants in the United States, but recently, the iPhone manufacturer's inventories are falling faster than others.

In early August 2018, the value of Apple exceeded for the first time the trillion dollars.

By the end of December, it was known that Apple had lost a number of disputes to a producer-company. Qualcomm chips in China and Germany. Thus, these countries may prohibit the sale of some models of iPhone.

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