Apple loses $250B market value as tariffs tank tech stocks
1. Apple lost over $250 billion in market value due to new tariffs. 2. Shares fell 8.5% amid broader tech stock declines. 3. Tariffs are 10% and up to 54% for imports from China. 4. All Apple products will be affected by these import tariffs. 5. CEO Tim Cook faces tough choices on pricing or profits.