THE TELEGRAPH: More than $200bn (£160bn) has been wiped off the value of Apple following reports that China has banned government officials from using iPhones at work.
Apple’s share price dropped more than 3pc on Thursday, marking a second day of sharp falls after the Wall Street Journal reported that Chinese authorities had banned officials from using the company’s smartphones.
The California-headquartered company’s share price has now fallen 7.3pc since Tuesday, wiping more than $200bn from its market value. » | Chris Price | Thursday, September 7, 2023
