Chart: Apple's Share Price Since the iPhone 5 Came Out

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After Clay Johnson joked on Twitter that Apple had lost a Facebook's worth of value since the release of the iPhone 5, I decided to pull the company's chart. The percentage change is rather small, only 8 percent or so, but the loss of market cap is about $60 billion since September 21 when the new Apple phone came out.

This is despite the fact that the iPhone 5 broke all previous Apple sales records, which gives you some kind of idea bout the tremendous expectations that Wall Street (and Main Street) have for Tim Cook's company. 

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Alexis C. Madrigal

Alexis Madrigal is the deputy editor of TheAtlantic.com. He's the author of Powering the Dream: The History and Promise of Green Technology. More

The New York Observer has called Madrigal "for all intents and purposes, the perfect modern reporter." He co-founded Longshot magazine, a high-speed media experiment that garnered attention from The New York Times, The Wall Street Journal, and the BBC. While at Wired.com, he built Wired Science into one of the most popular blogs in the world. The site was nominated for best magazine blog by the MPA and best science website in the 2009 Webby Awards. He also co-founded Haiti ReWired, a groundbreaking community dedicated to the discussion of technology, infrastructure, and the future of Haiti.

He's spoken at Stanford, CalTech, Berkeley, SXSW, E3, and the National Renewable Energy Laboratory, and his writing was anthologized in Best Technology Writing 2010 (Yale University Press).

Madrigal is a visiting scholar at the University of California at Berkeley's Office for the History of Science and Technology. Born in Mexico City, he grew up in the exurbs north of Portland, Oregon, and now lives in Oakland.

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