Apple has lost its place as the world’s most valuable public company after the dramatic four -day slide in its stock value, inspired by President Donald Trump’s concerns over the growing tariff war with China, where most of its iPhones gather.
Apple’s market capitalization fell to $ 2.59 trillion as close to Tuesday, while Microsoft now sits on $ 2.64 trillion, reinforcing the top position after placing it briefly earlier this year.
Apple’s shares have declined by about 23% in only four trading sessions, shaving $ 700 billion with its value, as nervous investors are dump stocks due to the company’s risk for manufacturing and sale. Apple depends heavy on Chinese manufacturing for its major products, especially weakens for Trump’s aggressive tariff policies.
The declaration of adequate tariffs on imports from more than 100 countries by Trump has shaken a broad market, Nasdaq recorded a 13% decline in the same four-day period. However, Apple’s decline has defeated other technical companies due to special vulnerability to American-China trade stress.
UBS analysts have predicted that the price of iPhone 16 Pro Max may resulting in the resulting in the United States to $ 350. The potential price growth questions how consumers can answer more expensive apple products.
Apple has been discovering manufacturing diversification in countries such as India and Vietnam in recent years, but analysts suggest that it would be almost impossible for the company to quickly transfer its complex supply chain from China. Despite President Trump saying that he believes that Apple may manufacture his iPhones and other equipment in the United States. Apple CEO Tim Cook has earlier stated that China’s manufacturing expertise and scale are unmatched globally.
Both Apple and Microsoft, with chipmaker NVidia, had achieved more than $ 3 trillion market evaluation before the recent market disturbance begins.
Microsoft appears to be somewhat untouched by the worst effects of tariffs, with Jefferies analysts, recently including the company they have been among those who see the current uncertainty in better conditions for the weather.
Two technical giants have traded the title “most valuable company” several times in recent years, in which Microsoft claimed the top position in early 2024, before Apple withdrew it – only to lose it again during this week’s market instability.
According to a report, Apple requested immediate suppliers earlier this week to ship several premium devices as possible for the US by Air Freight Before Trump’s wrongly described “mutual” tariff on China was implemented on Wednesday. Since then, China has retaliated by slapping 84% of tariffs on American goods.
Note: Due to the political or social nature discussed about this topic, the discussion thread is located in us Political news stage. All forum members and site visitors are welcome to read and follow the thread, but the posting is limited to forum members with at least 100 posts.
