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Thursday, October 11, 2012

How successful iPhone5 launch turned out for Apple?

Despite of the evidences of the contrary, AppleBots keep telling the world that their new beloved gadget is different. Let's see how much difference has it made since its release.

iPhone5 has been released on Sep 21, 2012. The stock price at the moment $698.7. Today, about 3 weeks later, on Oct 11, 2012, AAPL is at $628.10.
The number of outstanding shares of the company is 937.41M. So, a simple arithmetic operations shows that Apple has lost $65618.7M in 20 days.


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