12:34:24 AM PDT - Tuesday, September 28th, 2021

Apple sheds value during iPhone event  

By Editor - Tue Sep 14, 12:19 pm

The TechCrunch crew is hard at work writing up the latest from Apple’s iPhone, iPad and Apple Watch event. They have good notes on the megacorp’s hardware updates. But what are the markets saying about the same array of products? For those of us more concerned with effective S&P dividend yields than screen nit levels, events like Apple’s confab are more interesting for what they might mean for the value of the hosting company than how many GPUs a particular smartphone model has. And, for once, Apple’s stock may have done something a little interesting during the event! Observe the following chart: Image Credits: TechCrunch/Y Charts This is a one-day chart, mind, so we’re looking at intraday changes. We’re zoomed in. And Apple kinda took a bit of a dive during its event that kicked off at 1 p.m. in the above chart

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Apple sheds value during iPhone event

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