Apple Stock Declines Amid Tariff Concerns and Market Cap Shift

Apple Inc. experienced a significant downturn as its stock hit an 11-month low, primarily driven by fears of escalating tariffs. The tech giant's market capitalization has now fallen behind Microsoft, marking a notable shift in the tech industry's landscape. This decline comes amidst concerns over the potential impact of tariffs on the cost of Apple's flagship product, the iPhone.

Reports from CNN and Newsweek highlight that the proposed tariffs could increase the cost of iPhones, affecting both consumer prices and Apple's bottom line. The situation has been exacerbated by comments from former President Donald Trump, who suggested that Apple should manufacture its iPhones in the United States to mitigate tariff impacts. However, tech analysts, as reported by CNBC, have expressed skepticism about the feasibility of such a move, citing complex supply chain issues.

The ongoing tariff tensions and their potential to disrupt Apple's operations continue to be a focal point for investors and industry watchers alike, as they navigate the uncertain economic landscape.

• Apple
• Donald Trump
• iPhone
• Microsoft

Related issues news

How much iPhone if made in the USA?

Now, a prominent tech analyst has warned that the price of an Apple iPhone could soar to around $3,500 if they were made in the US. The president and his economic officials have promised that, as a result of the tariffs, numerous manufacturing jobs will eventually be “reshored” to US, employing millions of Americans.

How much is an iPhone?

The iPhone 16 Pro 128 GB, which features Apple Intelligence, costs $999. The iPhone accounts for about half of Apple's revenue.

What will happen to iPhone prices?

Estimated price increases of 30% to 40% In a blog post outlining how some tech products will be impacted by tariffs, UBS's Chief Investment Office wrote that the iPhone 16 Pro Max with 256 GB, which is assembled in Mainland China, will likely see a price hike of $350 — bringing its price tag up to $1,549.

Where are Apple iPhones made?

The iPhone is in many ways the ultimate symbol of the age of globalized supply chains. It's designed in California by highly paid engineers and designers. But it's assembled in China and India with parts sourced from many different suppliers, each of which has its own complicated supply chain.

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