VIDEO: Top global tech players lose over $600bln in Q3

$NEW YORK, NEW YORK - SEPTEMBER 24: People shop at the Fifth Avenue Apple Store during the launch of Apple\\u00E2\\u20AC\\u2122s new iPhone 13 and iPhone 13 Mini on September 24, 2021 in New York City. The new phones come equipped with a A15 Bionic chip, improved dual-camera system and longer battery life than the iPhone 12. The iPhone 13 Mini starts at $729, and the iPhone 13 starts at $829. (Photo by Spencer Platt/Getty Images) , Getty Images/Getty Images$

NEW YORK, NEW YORK - SEPTEMBER 24: People shop at the Fifth Avenue Apple Store during the launch of Appleâ€™s new iPhone 13 and iPhone 13 Mini on September 24, 2021 in New York City. The new phones come equipped with a A15 Bionic chip, improved dual-camera system and longer battery life than the iPhone 12. The iPhone 13 Mini starts at $729, and the iPhone 13 starts at $829. (Photo by Spencer Platt/Getty Images)
Getty Images/Getty Images

This is compared to an over $2 trillion gain in the previous quarter, according to a report by London-based GlobalData

Staff Writer, ZAWYA

October 18, 2023

PHOTO
NEW YORK, NEW YORK - SEPTEMBER 24: People shop at the Fifth Avenue Apple Store during the launch of Appleâ€™s new iPhone 13 and iPhone 13 Mini on September 24, 2021 in New York City. The new phones come equipped with a A15 Bionic chip, improved dual-camera system and longer battery life than the iPhone 12. The iPhone 13 Mini starts at $729, and the iPhone 13 starts at $829. (Photo by Spencer Platt/Getty Images)

Apple Inc. alone lost over $380 billion in Q3 2023 but is still up 29% over its valuation at end-2022. Watch the Zawya video here.

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

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