Apple No Longer Has Trillion Dollar Market Cap
Shares of Apple's suppliers across Asia were hit as the company missed earnings targets Other smartphone manufacturers Samsung and LG also suffered. Apple was down 0.5% in premarket US trading on Tuesday. Apple's stock dropped for the 5th successive week which hasn't happened since 2012 Apple's Asian suppliers tanked after a bruising day of trading after a negative report about the iPhone XR sent Apple's market cap tumbling below $1 trillion.