When the New York market opened on Thursday, Apple's stock price fell sharply by 8.5%, which was enough to instantly evaporate its market value by 250 billion US dollars, from 3.37 trillion US dollars to 3.12 trillion US dollars. Trump's tariff blitz made the iPhone maker one of Wall Street's biggest victims. He hit all of Apple's biggest supply centers in Asia, and this aggressive move will affect almost all models of iPhones, iPads, Macs, and accessories sold by the tech giant. Rosenblatt Securities said it might “blow up” Apple. It's hard to imagine Trump blowing up an American Idol, but the reality is quite difficult.

When the New York market opened on Thursday, Apple's stock price fell sharply by 8.5%, which was enough to instantly evaporate its market value by 250 billion US dollars, from 3.37 trillion US dollars to 3.12 trillion US dollars. Trump's tariff blitz made the iPhone maker one of Wall Street's biggest victims. He hit all of Apple's biggest supply centers in Asia, and this aggressive move will affect almost all models of iPhones, iPads, Macs, and accessories sold by the tech giant. Rosenblatt Securities said it might “blow up” Apple. It's hard to imagine Trump blowing up an American Idol, but the reality is quite difficult.