Apple is suffering major loses in value for a second day in a row after China banned government workers from using iPhones.
The firm’s stock market valuation has fallen by almost $200bn in the past two days.
Asides from majority of Apple’s products been manufactured by its biggest supplier, Foxconn, China is the company’s third-largest market, accounting for 18% of its total revenue last year.
Some Foreign outlets are reporting that the ban may be extended to state-owned companies and government-backed agencies which may further hamper Apple’s value.
