Apple’s Historic Selloff Amid Tariffs Hike, Bulls Balking

Apple’s stock experienced a sharp decline following the imposition of tariffs by the Trump administration on key supply chain countries, including China, Vietnam, and India. This led to a historic selloff, with Apple’s shares dropping 19% and losing over $637 billion in market value. Despite the downturn, analysts remain optimistic, suggesting that the stock could rise by 33% in the next 12 months, citing oversold conditions. However, the ongoing trade tensions, particularly with China’s retaliatory tariffs, pose significant uncertainty for Apple’s future stock performance. Analysts highlight that the company faces difficult choices, such as raising prices or absorbing costs, which could impact demand and margins. The situation remains volatile, with investor confidence wavering amid the escalating trade war. Read Full Article

Apr 9, 2025 - 13:08

Apple’s Historic Selloff Amid Tariffs Hike, Bulls Balking

Apple’s stock experienced a sharp decline following the imposition of tariffs by the Trump administration on key supply chain countries, including China, Vietnam, and India. This led to a historic selloff, with Apple’s shares dropping 19% and losing over $637 billion in market value. Despite the downturn, analysts remain optimistic, suggesting that the stock could rise by 33% in the next 12 months, citing oversold conditions. However, the ongoing trade tensions, particularly with China’s retaliatory tariffs, pose significant uncertainty for Apple’s future stock performance. Analysts highlight that the company faces difficult choices, such as raising prices or absorbing costs, which could impact demand and margins. The situation remains volatile, with investor confidence wavering amid the escalating trade war.

Read Full Article