When Stock Prices Drop, Where Is the Money? TABLE OF CONTENTS Disappearing Money Implicit and Explicit Value Disappearing Trick Revealed Have you ever wondered what happened to your socks when you put them into the dryer and then never saw them again? It's an unexplained mystery that may never have an answer. Many people feel the same way when they suddenly find that their brokerage account balance has taken a nosedive. Where did that money go? Fortunately, money that is gained or lost on a stock doesn't just disappear. Read to find out what happens to it and what causes it. KEY TAKEAWAYS When a stock tumbles and an investor loses money, the money doesn't get redistributed to someone else. Essentially, it has disappeared into thin air, reflecting dwindling investor interest and
Apple warns supply constraints will impact iPhone and iPad, shares fall
Applereported strongfiscal third-quarter earningson Tuesday, demolishing Wall Street expectations. Every one of Apple’s major product lines grew over 12% on an annual basis.Overall, Apple’s sales were up 36% from the June quarter last year. iPhone sales increased nearly 50% on an annual basis.Apple stock was down over 2% in extended trading. It dropped on Tuesday after Apple warned that growth in the September quarter would not be as strong as June’s.Here are the key numbers compared to what Wal