Shares of Apple Inc fell 4.3 percent on Friday shortly after the opening of the business, reducing its market value to less than $ 1 trillion after the firm projected sales below those anticipated for the year. quarter of the end of the year festivities.
In addition, Apple raised doubts about the sales of iPhones by saying that it will no longer disclose the figures.
The fall of the shares of Apple to $ 208.50 earlier was about 67,000 million dollars at market value and made amazon and Microsoft Corp returned to compete among the technological giants of the United States as the most valued company in the world.
The company, based in Cupertino, Calif., Attributed weakness in emerging markets and foreign exchange costs to its disappointing sales forecast before Christmas, which is crucial for the results of consumer electronics manufacturers.
However, most analysts remained optimistic about the results of the fourth quarter and did not see a contagion to the ACTIONS of the other major American technology.
The decision announced on Thursday to stop reporting sales data of iPhones, iPads and Mac computers was widely criticized and some argued that this means that Apple now believes that iPhones sales have already reached their highest levels.
“Although the company believes that units are a less relevant form of measurement, we disagree strongly, particularly because we believe that iPhone units will begin to decline in year-on-year terms due to higher average sales prices,” said Raymond James analysts.