Apple's ugly day wipes out $120 billion, spills over big tech - Saralmontech - Easy And Simple Tech - Simplified!

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Apple's ugly day wipes out $120 billion, spills over big tech

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The iPhone maker dropped 4.9% after Bank of America cut its rating to neutral from buy, warning of weaker consumer demand for its popular devices. The selloff erased roughly $120 billion from Apple’s market capitalization.

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