Home Business NewsTech News Apple royally stewed as $23bn wiped off its value

Apple royally stewed as $23bn wiped off its value

by LLB Editor
26th Sep 14 9:20 am

Apple is royally stewed. Why? The tech giant lost almost $23bn (£14bn) after it was forced to pull an iOS update within hours after launch.

Apple shares dropped 3.8% affecting other major stocks too.

While the main Dow Jones index closed down almost 1.5% at 16,945, the FTSE 100 was 1% lower.

The dip in market cap comes after Apple promised to “fix an issue that affected iPhone 6 and iPhone 6 Plus users who downloaded 8.0.1.”

In other bad news for Apple, many iPhone 6 and iPhone 6 plus users took to Twitter to complain about the iPhones bending when kept in tight pockets. Read: [ You can bend the iPhone 6! (And you can BLEND it too)]

Also, rumours are doing rounds that Mac computers may be exposed to a virus bigger than the heartbleed bug.

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