"The best way to predict the future is to create it." — Peter Drucker
Apple Inc.’s stock has been on a turbulent ride recently, facing an unprecedented 8-day decline amidst rising tensions between the company and the Trump administration. The president’s recent tariff threats, targeting Apple’s flagship iPhone, have sent shockwaves through the tech giant’s shares, sparking concern among investors. This article aims to decipher the fallout of this developing situation and provide a comprehensive understanding of the key levels and potential outcomes for the Cupertino-based company.
Apple’s stock price took a significant hit after President Trump’s announcement of possible tariffs on iPhones assembled in China. The company’s reliance on Chinese manufacturing has put it in a delicate position, as the ongoing trade war between the world’s two economic superpowers continues to escalate. Trump’s tweet stating, “Make them in the USA, or pay big taxes,” has sent a clear message, putting Apple in a tricky situation regarding its global supply chain.
This situation develops against a challenging backdrop. Apple has recently been navigating supply chain disruptions and the global health crisis, which has already impacted its production and sales. The company’s leadership has faced a delicate balancing act, managing the aftermath of these challenges while now
