As a result of the new duties of the United States, the company’s sharing falls on the third day. Analysts expect increased prices for Apple products.
Apple’s sharing over the past three days has dropped by 19%, of which 3.7% was on Monday, CNBC reports.
The main reason for the collapse is Donald Trump’s new duties -most affecting companies with great hope in China, which imposed 54%duties. Making most of Apple’s gadgets, in particular iPhone and iPad, is still based in China. Although the company has labor capabilities in India, Vietnam and Thailand, all of these countries have also fallen under tariff restrictions.
Analysts expect increased prices for Apple products, otherwise the company may suffer from a reduction in revenue per component by 15%. As an alternative, Apple can rebuild its supply chain so that imports to the United States come from countries with lower roles.
Apple representatives themselves refused to comment on Trump’s duties.
We reminded, earlier reported that France had punished Apple for € 150 million.
A large -scale VAT scheme was discovered on apple sales networks
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.