Apple erased more than $46 billion in market cap after the company posted quarterly results that fell short of Wall Street expectations, dragging down stocks in its supplier universe.
Apple suppliers suffered in after-hours trading Tuesday. Shares of Skyworks Solutions dropped more than 5 percent. Micron Technology shares were down more than 1 percent. Shares of NXP Semiconductors fell more than 2 percent. Broadcom shares tumbled more than 3 percent.