- The market hat from Apple It has declined by $ 700 billion, as his shares take the beating in the wake of the “Tahrir Day” tariff in Trump. The company is uniquely exposed to Trump’s definitions in China, as it produces most of its iPhone devices in the country. If CEO, Tim Cook, is not able to secure the company’s tariff exemptions, as he did during the first Trump administration, the strike could be a “complete disaster”, according to Wedbush Securities analysts.
Apple’s market ceiling collapsed by $ 700 billion in the next days of Trump.Editing Day“When investors realized the amount of new definitions that will reach the largest technology giant money maker.
In the three days that followed Trump’s announcement of a new tariff for commercial partners in the United States, Apple shares decreased by 19 %, making it the worst decrease during the period since 2001. Since April 2, Apple’s Apple’s Port of stocks It cut about $ 700 billion from the maximum market, which regretted 2.6 trillion dollars from Monday from about 3.3 trillion dollars last week. From $ 223 per share last week, the Apple share price, as of Tuesday, fell to $ 175, and decreased by 3 % in the afternoon trading.
This stock comes at a time when analysts warn that the largest money maker of the company, iPhone, is at risk of huge models of President Trump due to the supply chain in Asia. While Apple obtained exemptions when Trump established the tariffs during his first administration, it is unclear whether CEO Tim Cook will be able to secure the same treatment this time.
“The economic tariff of Harmjdoun launched by Trump is a complete disaster for Apple, given its huge exposure in China’s production,” wrote the Wedbush Securities analysts, led by Dan Evis, in Sunday. “From our point of view, the American technology company is not negatively affected by this Apple tariff with 90 % of the iPhone devices that have been produced and assembled in China.”
Despite Trump’s plan to use customs tariffs to bring more manufacturing to the United States, analysts can move up to ten Apple supply chain to the United States will cost $ 30 billion and take three years. If Apple succeeds in increasing costs for consumers, the price of the iPhone may rise.
The Apple 16 iphone 16 price can jump to $ 1142 from its announced price for $ 799, Reuters It was reported, quoting analysts in Rosenblatt Securities. The price of iPhone 16 Pro Max with 1 Terabyte of storage can jump from $ 1,599 to about $ 2,300, analysts estimated.
Apple did not respond immediately luckRequest to comment.
Analysts wrote that the current definitions of 32 % for Taiwan and 54 % for China will be “particularly devastating” for Apple and its costs. Trump also said on Tuesday that he would continue with the additional definitions of 50 % threatened Against China due to the revenge of the initial tariff of the United States last week. If it is established in the middle of the night as planned, the cumulative definitions of China will be about 104 %.
Apple has diversified its supply chain away from China in recent years, but the Wedbush analysts appreciate that alongside most iPhone, 50 % of Mac products, 75 % to 80 % of iPad devices are still made in China.
Technology giant also Production turned into VietnamIncluding about 90 % of wearable devices such as Apple Watch, according to Evekor Isi. However, Apple imports of the United States from Vietnam will also strike a 46 % tariff.
Apple now produces about 1 out of 7 tampsa, or $ 14 billion in products, in India, Bloomberg I mentioned. Imports from India are still facing 26 % tariff.
This story was originally shown on Fortune.com
