Apple has lost the title of the most expensive company to Google. According to 2015, Apple has been recognized as the absolute leader in net profit and the shares’ value. Despite losing the leadership, Apple’s net profit equals now $ 535 billion. According to analysts, in order to maintain its status and to perform the further economic growth, Apple needs to choose a different business direction, besides issuing new tablets and watches.
The market’s reaction was predictable. The value of Apple shares has already fallen by 1.95% and still continues to decline. Traders have a great chance to earn money on a further reduction. Trading will be available during the American session, from 13:40 to 20:00 GMT time.
The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.