Sunday May 31, 2020

Apple’s troubles reflect wider tech vulnerabilities

6th January, 2019

Apple’s share slide last week was astounding to watch. At one point, the decline in its market cap was the equivalent of the entire GDP of South Africa in one calendar year. The decline in the tech giant’s share price left it languishing behind Google parent Alphabet, Microsoft and Amazon in terms of overall market value.

While the company blamed a slowdown in Chinese economic growth and trade tensions stoked by...

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