Hey there, tech fans! 📱💻
Have you heard the big news? Apple’s stock price has been falling, and now Microsoft is the world’s most valuable company! Let’s dive into what’s happening and why it matters.
What’s Going On with Apple’s Stock?
For four days starting April 3, Apple’s stock price went down. This means people who own Apple’s shares (pieces of the company) saw them lose value. In total, Apple lost over $770 billion in market value! 😮
Why Did This Happen?
U.S. President Donald Trump announced new “reciprocal tariffs.” A tariff is a tax on goods coming into a country from somewhere else. Apple relies on other countries to make its products. For example, 90% of iPhones are assembled in China. With these new tariffs, it’s more expensive for Apple to bring its products into the U.S.
What Does This Mean for Apple?
Apple has to decide: Should they pay these extra costs themselves, or make their products more expensive for us? Some experts think that if Apple passes the costs to us, an iPhone 16 Pro Max could jump from $1,599 to $2,300! That’s a lot of money! 💰
How Are Other Companies Affected?
It’s not just Apple. The entire stock market has been affected. The global stock market lost about $10 trillion in value since April 3. Big tech companies in the U.S. have lost about $1.65 trillion. That’s like losing all the money needed to buy millions of video games! 🎮
What Is Apple Doing About It?
Apple has tried to make its products in other countries like India, Vietnam, Malaysia, and Thailand. But the new tariffs affect these places too. Apple even hurried to ship as many products as possible from India to the U.S. before the tariffs started.
Can Apple Make iPhones in the U.S.?
It’s really hard to make all of Apple’s products in the U.S. It could take at least five years to start, and the prices of devices might double! Imagine that! 😲
What Happens Next?
We’ll have to wait and see how Apple handles this challenge. Will they find a new solution? Will the prices of iPhones go up? One thing’s for sure: the tech world is always changing, and we’ll be here to keep you updated! 🌐
Reference(s):
Apple's stock price falls amid tariffs, loses top market value crown
cgtn.com
