Still waiting for Tim Cook's $1M donation to fascism to kick in! $AAPL
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Since Tim Cook's January 3 donation of $1M to Donald Trump, the value of Apple has fallen by more than $300B.
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Assuming Apple still has about 160,000 employees, since Tim Cook's January 3 donation to Donald Trump, the value of Apple has dropped by $1.8M per employee.
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Nobody can know how much, if at all, Tim Cook's contribution correlates with the current price. To know that, we'd have to go back in time and undo the contribution. I wish we could.
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@danielpunkass The only way to estimate it, assuming the absence of any other Apple-specific news to push the price down, would be to look at the stock price of another company that did not make any donations to the convict. That would remove "market trend" from the change. The challenge there is to find such a company 😞
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@Bluedonkey Right. And no other company is quite like Apple.
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@danielpunkass It is also perhaps a long term play, with a short term hit. The future is very unpredictable right now, but being on the convict's enemy list is certainly a valid business risk.
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