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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Source: MarketWatch - 🏆 3. / 97 Read more »