It reached $1T market cap less than two years ago…
I wonder how much of this is due to the value of the dollar decreasing rather than the value of Apple increasing?
I wonder how much of this is due to the value of the dollar decreasing rather than the value of Apple increasing?
USD vs the pound: 1:0.78 -> 1:0.74 = down 5%
USD vs Yuan: 1:6.86 -> 1:6.36 = down 7%
USD vs Euro: 1:0.86 -> 1:0.89 = up 3%
USD vs CAD: 1:1.31 -> 1:1.28 = down 2.5%
For inflation all these countries are targeting 2% annual inflation, so around 6-7% total inflation.
So the most pessimistic view would seem to be USD vs Yuan and 7% from inflation, so maybe 14% comes from changes in "value"?
Anyway, that's "only" ~$400 million :D