Apple Stock Plunges after US Trade Judge Calls for Bombshell iPhone Ban

On Tuesday, ITC Judge Mary Joan McNamara dropped the bombshell revelation that she is planning to recommend a ban on some China-made iPhone imports, in a ruling that caused Apple stock to crater in afternoon trading. Judge Recommends Partial iPhone Ban Judge McNamara reportedly found that the company infringed on Qualcomm patents, and it remains unclear whether the recommendation of the judge will be materialized in the near-term, as it has to be approved by the commission. The statement issued by Judge McNamara to the United States International Trade Commission read: “I have found that Complainant, Qualcomm Incorporated (“Qualcomm”), has

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source https://www.ccn.com/apple-stock-plunges-after-us-trade-judge-calls-for-bombshell-iphone-ban

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