didn't apple just have over $1BILLION evaporate? didn't apple just have over $1BILLION evaporate? No, Apple didn't. Apple, the company, is going great guns. AAPL the stock has had much more than that move to other stocks due to a flood of negative stock commentary based on overblown rumors and bad analysis based on those basically false rumors. Nothing has been lost unless some people panicked and sold their holdings. Apple still has approximately $230 Billion in cash holdings. If you back off the cash holdings, Apple's P/E would be about 6, an insane valuation for the amount of revenue and profit Apple is generating, especially when the same people who are valuing Apple that low are valuing Amazon with a P/E of almost 1000. That is truly insanity on display.
I didn't sell my shares, so I didn't lose any money at all. Did you?
Price/Earnings is insanely low right now.