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Source: Huanqiu.com

【Global Network Technology Comprehensive Report】On August 6, according to foreign media macrumors, Apple's stock price fell today, which was part of a broader sell-off in the technology sector. According to Reuters, the sell-off caused the market value to evaporate by nearly US$900 billion.

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Apple shares fell more than 4%, largely driven by Berkshire Hathaway's announcement that it had nearly halved its stake in Apple from 5.6% to about 2.8%, as fears of a U.S. recession grew. The decision by Warren Buffett came as a surprise to many, as Buffett has long supported Apple. The move is part of Berkshire's broader strategy to boost its cash position to a record $277 billion, showing caution about the current economic environment and concerns about the resilience of the tech sector.

The "Big Seven" U.S. technology companies (Apple, Nvidia, Amazon, Alphabet, Meta Platforms, Microsoft, and Tesla) lost a total of nearly $900 billion in market value today, mainly due to concerns about their volatility. Nvidia's stock price fell sharply by more than 8% after reports of delays in its next-generation artificial intelligence chip. Amazon and Microsoft's stock prices also fell by 8.3% and 5%, respectively, due to growing concerns about the reliability and profitability of their cloud computing services.

However, some analysts remain optimistic about Apple's position in the market. In its most recent earnings report, Apple detailed a significant increase in services revenue, which rose to $24.2 billion from $21.2 billion a year ago. The launch of Apple smartphones later this year is also expected to support growth.