Apple’s iPhone 12 delay knocks more than $100 billion off market cap

Apple’s decision to not give any iPhone 12 sales guidance during its Thursday earnings call cost it $100 billion. Shares of Apple are down more than 5 percent since it reported its fourth quarter earnings, taking a chunk out of the iPhone maker’s valuation almost twice the size of Snapchat parent company Snap, Inc.’s market… Continue reading at New York Post