That's an enormous $291.42 billion worth of paper losses for Apple shareholders.
"To put that number in perspective, the amount that Apple has lost from 09/19/12 through Friday’s close is more than the total value of the smallest 71 companies in the S&P 500 index," said Oppenheimer's John Stoltzfus.
"Put another way, the value lost over this seven-month period exceeds Friday’s closing market capitalization of the third-largest S&P index member, Google Inc., by more than $25 billion!"
Those are big numbers.
More From Business Insider
- 10 Apps That Made My Life Better
- CHART OF THE DAY: Apple Is The Entire Reason Why Tech Earnings Are Falling
- Japan Falls Over 1% — Apple Selloff Causing More Stocks To Slide In Asia