Apple, Trump and Tariffs
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Macworld |
As I write this, President Trump has instituted a minimum 10 percent tariff on virtually all imports, with imports from other countries seeing significantly higher rates.
Reuters |
The "Magnificent Seven" stocks sank on Monday, extending a market rout that has wiped off around $2 trillion from their combined value as investors worry about the financial fallout of U.S. President...
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Of these seven tech giants, Apple has suffered the sharpest decline thus far in response to the Trump tariffs. Where to invest $1,000 right now? Our analyst team just revealed wha
The 10% baseline tariff plus additional “reciprocal” levies on China, India, and Taiwan has undermined investor confidence in the U.S. tech giants.
4don MSN
The iPhone maker faced its biggest one-day drop in five years as investors panicked over Donald Trump's heavy tariffs on its supply chain hubs.
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MT Newswires on MSNTrump Tariffs Pose Major Challenges for Apple, Tesla Amid Cost, Demand Impact, Wedbush SaysUS President Donald Trump's latest reciprocal tariffs pose major challenges for Apple (AAPL) and Tesla (TSLA) as the duties are likely to create cost and demand headwinds for the companies, Wedbush Securities said.
According to a Reuters report published on Friday, analysts from Rosenblatt Securities said Apple could increase iPhone and Apple Watch prices by 43%, iPad prices by 42%, and AirPods by 39% to offset the extra cost. Just to put this into context, it would mean the base iPhone 16 model would see a price increase from $799 up to $1,142.
Investors are clearly concerned about the impact tariffs might have on Apple, which at one point on Thursday was having its worst trading day in five years. Bank of America analyst Wamsi Mohan on Thursday morning cut his price target on Apple from $265 to $250, though he maintained his buy rating on the stock.
President Trump's announcement of tariffs and retaliatory measures by China has seen Apple's shares drop to their lowest point since June 2024, as investors predict rising iPhone prices and falling sales.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.