Business

China’s iPhone Restrictions Push Apple Toward $200 Billion Loss in 48 Hours

Apple Inc. faced a significant decline in its share value on Thursday, with losses potentially erasing $200 billion of market capitalization over just two days. The drop was triggered by China’s plans to extend its ban on the use of iPhones to government-affiliated agencies and state-owned enterprises. Based in Cupertino, California, Apple saw its shares […]