Apple Sheds 4 Facebooks Worth of Market Cap in 5 Months

from
,

Five months ago, on September 21, 2012, Apple's iPhone 5 hit the stores in nine countries including the U.S., Japan, Germany and the U.K. All was good in Cupertino. The company's stock had just hit an all-time high, briefly pushing its market cap beyond $650 billion. Apple was the most valuable public company on earth by a wide margin.

What happened next is almost as remarkable as Apple's meteoric rise over the preceding years: a couple of bad news mixed with the high expectations the company itself had created, were enough to turn the sentiment surrounding Apple completely around. Suddenly the company that had been a Wall Street's darling for years, struggled to deliver positive news and its stock price began to plummet. Over the past five months, the market shaved an incredible $235 billion off Apple's valuation. To put things in perspective: $235 billion is roughly equivalent to twice Amazon's market cap, four times Facebook's valuation and 14 LinkedIns. It even comes close to the market capitalization of Google, one of Apple's more potent competitors and current Wall Street darling.

2013 will be a crucial year for Apple, as Tim Cook and his team will try to refute the claims that the company's best days are behind it.



Infographic: Apple Sheds 4 Facebooks Worth of Market Cap in 5 Months | Statista
Related Infographics
  • Twitter
    Twitter Fails to Reignite User Growth

    This chart illustrates Twitter's user growth since 2010.

  • Social Networks
    Twitter Versus Facebook

    This chart shows how Facebook and Twitter measure up in numbers.

  • IPOs
    Alibaba Pops 38% in Public Trading Debut

    This chart shows how Alibaba's first day as a public company compares to the stock market debuts of other internet companies.

  • Alibaba Raises at Least $21.8 Billion in Record IPO

    This chart shows how much capital was raised in the 10 largest initial public offerings in the United States.

  • Android
    UK Smartphone Sales Are Dominated By Android

    This chart shows the smartphone market share in the UK by operating system.

You may also be interested in...
Infographic Newsletter

Statista offers daily infographics about trending topics covering Media and Society.

Download & Reference

FAQ
Who may use the "Chart of the Day"?
The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista.

Which topics are covered by the "Chart of the Day"?
The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", , which inlcudes current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.

Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific Charts of the Day, please contact Jan Ahrens
(jan.ahrens@statista.com).