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March 4, 2008

Tech Talk: The Four Horsemen Go To Chile

Hard not to notice the carnage among the four horsemen of technology: Google, Amazon, Research in Motion, and Apple. Here is the latest "lossage" data from my friend Eric over at Barron's:

• Apple fell $4.76, or 3.8%, to $120.26.
• Google fell $15.57, or 3.3%, to $455.61.
• Amazon fell $2.46, or 3.8%, to $62.01.
• Research In Motion fell $4.23, or 4.1%, to $99.57.

Of course, this is not a one-day phenomenon. Look at the year-to-date numbers:

• Apple is down $77.82, or 39.3%. Market cap lost: $68.4 Billion
• Google is down $235.87, or 34.1%. Market cap lost: $73.9 billion
• Amazon is down $30.63, or 33.1%. Market cap lost: $12.8 billion.
• Research In Motion is down 13.83, or 12.2%. Market cap lost: $7.8 billion.

Cumulative Four Horsemen losses are touching $163-billion, which, to put in context, is right around the GDP of Chile.

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