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turquoisevar | 2 years ago

What are you on about? Today they were in the green and on the day this played out, March 6, the needle barely moved.

The dip started 2 days prior on March 4, the day the EC announced their ~$2B fine based on TFEU, which has nothing to do with the DMA. One the appeal is filed it’ll go back up, as it’s already almost back to before that news. And then a week later when Cook farts, it’ll dip again.

Such is the nature of stocks, at least on the short term. On the long term, 1Y and up, it’s solidly in the green.

Not to mention that stock prices and revenue (which is what they’re talking about) are two separate things.

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dwaite|2 years ago

Apple's stock dip is mostly unrelated to the EU - it is primarily related to Apple losing double digit percentages of sales to Huawei in China, after they had disappointing numbers in the prior fiscal quarter reporting.

2 bil € is a fair bit of change but also something that will be in appeals for years.