Apple's stock took an $8 billion hit after the news that design chief Jony Ive will be exiting the company

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Apple's stock dipped only less than 1% after word came out that Jony Ive is leaving — but at Apple's scale, that equates to about $8 billion.

Apple's valuation took a notable dip in after-hours trading on Thursday after design chief Jony Ive announced he would be leaving the company. Upon news of Ives departure, Apple's stock dropped -0.87% — which is small in the grand scheme of things, but still shaved about $8 billion from Apple's market cap. Visit Business Insider's homepage for more stories.

Apple's valuation took a notable dip in after-hours trading on Thursday after design chief Jony Ive announced he would be leaving the company. Upon news of Ives departure, Apple's stock dropped -0.87% — which is small in the grand scheme of things, but still shaved about $8 billion from Apple's market cap. Visit Business Insider's homepage for more stories.

 

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Is that why my funds declined?

that is nothing they had $250b in overseas tax shelters in Ireland and can just use monies saved from taxpayers to buyback $250b in stock

The board should have given him a plane

Cant even fart in that place and the stocks will plummet

Off a trillion dollar company? lol

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Legendary Apple designer Jony Ive to leave companyApple Inc. shares ticked lower in the extended session after the consumer electronics and software giant said legendary designer Jony Ive was leaving the... Leaving a sinking ship.
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