Skip to content
Subscriber Only

Apple Lost the Market Value of Some Companies in One Hour

Apple Inc.’s share decline Wednesday wiped almost $43 billion off the iPhone-maker’s market value in just one hour. That’s more than the entire market capitalization of multinationals such as Deutsche Bank AG and Glencore Plc, as well as technology companies Netflix Inc., eBay Inc. and Electronic Arts Inc. The difference between Apple’s market value of about $540 billion and the next biggest company, Google parent Alphabet Inc., is still about $55 billion -- or approximately the capitalization of BMW AG.