(Bloomberg) — When talking about the biggest company in the world, it’s not unusual for there to be eye-popping numbers. But Apple Inc.’s latest superlative is not one investors would like to see.Since becoming the first American company to surpass $2 trillion in market value in August and peaking last month, the iPhone maker has lost $450 billion, wiped out by a 19% slump.The latest bout of selling — a 5.6% drop on Friday — took out more than $120 billion alone. Apple’s now worth $1.85 trillion and still the most valuable U.S. company, but the amount shaved from its …read more
Source:: Yahoo Finance
