Apple Leads Tech Sector's Massive $900 Billion Market Loss

Apple's stock price today dropped amid a broader roader technology sector sell-off that has wiped out nearly $900 billion in market value (via Reuters).

aapl logo banner
Apple's stock fell by over 4%, largely influenced by Berkshire Hathaway's announcement that it has almost halved its stake in the company from 5.6% to approximately 2.8%, alongside escalating fears of a recession in the United States. The decision by Warren Buffett's conglomerate came as a surprise to many, given Buffett's long-standing endorsement of the company. The move was part of a broader strategy by Berkshire to raise its cash position to a record $277 billion, indicating a cautious approach towards the current economic environment and concern about the technology sector's resilience.

The "Magnificent Seven" technology companies in the United States (Apple, Nvidia, Amazon, Alphabet, Meta Platforms, Microsoft, and Tesla) today collectively lost nearly $900 billion in market value due primarily due to concern about their volatility. Nvidia experienced a sharp decline of over 8% following reports of delays for its next-generation AI chips. Amazon and Microsoft also saw their shares tumble by 8.3% and 5%, respectively, amid growing concerns about the reliability and profitability of their cloud computing services.

However, some analysts still see cause for optimism about Apple's position in the market. In its most recent earnings report, Apple detailed a steep increase in services revenue at $24.2 billion, up from $21.2 billion a year ago. The introduction of Apple Intelligence later this year is also expected to support growth.

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Tag: AAPL

Popular Stories

ios 19 messages app

Apple Sues Jon Prosser Over iOS 26 Leaks

Thursday July 17, 2025 8:40 pm PDT by
Earlier this year, YouTuber Jon Prosser shared multiple videos showing off what he claimed to be re-created renderings of what was then presumed to be called iOS 19 and which was eventually unveiled by Apple as iOS 26 at WWDC in June. In his first video back in January, Prosser showed off a Camera app redesign with a simpler set of buttons for moving between photo and video modes, and he...
iPhone 17 Pro on Desk Centered 1

iPhone 17 Pro Launching in Two Months With These 16 New Features

Thursday July 17, 2025 8:33 am PDT by
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are less than two months away, and there are plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models.Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone X through iPhone 14 Pro ...
iPhone 17 Pro Dark Blue and Orange

Ranked: The Best Features Rumored for the iPhone 17 Lineup

Wednesday July 16, 2025 4:17 pm PDT by
We have just under two months to go until the debut of Apple's iPhone 17 models, and rumors have been ramping up in recent weeks. We went through everything we know so far, pulling out the most exciting rumors and highlighting some other changes that aren't going to be so great. Top Tier Ultra Thin iPhone 17 Air - The iPhone 17 Air is 2025's most exciting iPhone rumor, because it's the...
iOS 26 on Three iPhones

Here's When to Expect the iOS 26 Public Beta

Tuesday July 15, 2025 11:07 am PDT by
Apple previously announced that a public beta of iOS 26 would be available in July, and now a more specific timeframe has surfaced. Bloomberg's Mark Gurman today said that Apple's public betas should be released on or around Wednesday, July 23. In other words, expect the public betas of iOS 26, iPadOS 26, macOS 26, and more to be available at some point next week. Apple will be releasing...
Foldable iPhone 2023 Feature Homescreen

Foldable iPhone's Thickness and Price Range Detailed in New Reports

Wednesday July 16, 2025 11:31 am PDT by
Apple's long-rumored foldable iPhone will likely have a starting price between $1,800 and $2,000 in the U.S., analysts at investment banking firm UBS said this week. If so, the foldable iPhone would cost more than a MacBook Pro, which starts at $1,599. With a starting price of at least $1,800, the foldable iPhone would be the most expensive iPhone model ever released, topping the Pro Max at...
iPhone 17 Colors

All 15 New iPhone 17 and iPhone 17 Pro Colors Revealed in Latest Leak

Wednesday July 16, 2025 6:50 am PDT by
We may finally have a definitive list of all color options for the iPhone 17 series, ahead of the devices launching in September. MacRumors concept In a report for Macworld today, Filipe Espósito said he obtained an "internal document" that allegedly reveals all of the color options for the upcoming iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max models. The report includes ...
iPhone 17 Air Thumb 2 Blue Electric Boogaloo

iPhone 17 Air's Limited Battery Capacity Leaked

Friday July 18, 2025 12:03 pm PDT by
The battery capacity of Apple's rumored iPhone 17 Air will be below the 3,000 mAh mark, according to a recent post from Instant Digital, an account with more than 1.4 million followers on Chinese social media platform Weibo. Thanks to iOS 26's new Adaptive Power Mode, though, the account said that the iPhone 17 Air should achieve full-day battery life. A previous rumor pegged the iPhone...
iPhone 17 Pro in Hand Feature Lowgo

iPhone 17 Pro Coming Soon With These 16 New Features

Friday July 11, 2025 12:40 pm PDT by
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are only two months away, and there are plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models. Latest Rumors These rumors surfaced in June and July:A redesigned Dynamic Island: It has been rumored that all iPhone 17 models will have a redesigned Dynamic Island interface — it might ...
Generic iPhone 17 Feature With Full Width Dynamic Island

iPhone 17 Series Is Less Than Two Months Away: Everything We Know

Friday July 18, 2025 4:23 am PDT by
Apple is expected to hold its annual iPhone announcement event during the week of September 8, 2025, with September 9 or 10 emerging as the most likely dates. Like the iPhone 16 series, this year's lineup is expected to include four models – but with a twist. The ‌Plus device is being replaced with an all-new ultra-thin model, while the iPhone 17 Pro and ‌iPhone 17 Pro‌ Max are set to...

Top Rated Comments

ignatius345 Avatar
13 months ago
As always, zoom out your charts. Unless you're seriously trading day to day, it's way more important to look at a longer time frame. Here's the recent action in context.


edit: this isn't to say AAPL and others could fall a lot further -- this may well come to pass! But what looks like a full-blown disaster on a 1-day to 1-year chart may look a lot less disastrous when viewed out on the decade-scale timeline you expect to be holding the asset. If you have something in your retirement portfolio, for instance, you will probably regain a bit of calm by squinting your eyes and looking at the general shape of the chart over a decade.

Attachment Image
Score: 50 Votes (Like | Disagree)
dallas112678 Avatar
13 months ago
Got to love the stock market. Worried about a potential recession in the future, sells everything, ends up causing the actual recession…
Score: 44 Votes (Like | Disagree)
coffeemilktea Avatar
13 months ago

The decision by Warren Buffett's conglomerate came as a surprise to many, given Buffett's long-standing endorsement of the company.
He sold when the price was high, and he's going to buy back in at a discount after this fire sale is over. The man has a predictable yet extremely effective strategy. ?
Score: 25 Votes (Like | Disagree)
nt5672 Avatar
13 months ago
Yep, that hurts. If we can make the correct political decisions in November, it will be temporary.
Score: 23 Votes (Like | Disagree)
boak Avatar
13 months ago
Time to buy lol
Score: 19 Votes (Like | Disagree)
BuffyzDead Avatar
13 months ago
Y A W N ???

As an owner, of a 5 didgit number in Quantity, of Apple Stock.
Wake me up several months after the election,...sometime in the Spring of 2025 might be worth a peek.
Score: 13 Votes (Like | Disagree)