Home / gadgets / Bad News for Apple fans, Apple facing bad phase after the launch of new Apple series 8, 8+ and X. --Top5inTrend
Tuesday, 26 September 2017
Apple Company launched three new iPhones and other devices such as Series of Three Smartwatch and TV in its new Headoffice Apple Park on its tenth anniversary. The company also launched the iPhone X in this event. However, with the launch, the company is in discussions with some negative reasons, during the launch, the face recognition feature of the iPhone X has failed twice, for which the company has been trolled quite a lot. After this Apple's watch showed a technical glitch.
This year Apple has been a bit worse than the rest of the years. Now there is another bad news for the company. According to data released on Sunday, after the launch of these products on September 12, Apple's market value has dropped by more than $ 50 billion. Apple's reduced market value is even higher than eBay Inc., Ford Motor Company or Target Corp.
Apple's market value was $ 834.9 billion before the launch of iPhone 8, iPhone 8 Plus, iPhone X, Apple TV 4K and Apple Watch Series 3, which has now fallen to $ 782.5 billion this year, which was launched in the event this year. Figures show that the market value has decreased by more than $ 52.5 billion. Let's say that even after Apple's market value has fallen, its value is about $ 100 billion more than Google's parent company Alphabet.
Experts had said before launching these devices that even if Apple's products get a great response in the market, then there is a possibility of a 5-10% fall in the company's shares. However, the company does not seem to get a special response this year. In such a few days, the next few days may be worse for Apple. Always use the online HTML editor to compose perfect articles for your website!
Bad News for Apple fans, Apple facing bad phase after the launch of new Apple series 8, 8+ and X. --Top5inTrend
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