Apple loses $640 billion in market capitalization

15:29 - 8.04.2025


April 8, Fineko/abc.az. Apple shares have fallen by nearly 20% over the past three days, leading to a decrease in company's market capitalization almost by $640 billion.

ABC.AZ reports with reference to TV channel CNBC, Apple is one of the American companies most affected by the duties of U.S. President Donald Trump, as its main factories are located in China, India, Vietnam and Thailand.

According to analysts at UBS bank, prices for the American giant's products will rise by at least $350.