Trump’s decision added more than $ 400 billion to the Apple Market capitalization, now nearly 3 trillion US dollars.
The cost of the American company shares Apple rose 15% on Wednesday, April 9, after US President Donald Trump announced a 90-day pause for the introduction of “mutual duty”. This was reported by the American Television Channel CNBC.
Trump’s decision added more than $ 400 billion to the Apple market capitalization, which is now less than three US dollars trillion.
Thus, this day has been best in the promotion market for Apple since January 1998, when the founder of the company Steve Jobs was a temporary general director, and three years before the company introduced its first iPod. At that time, Apple’s market capitalization was about three billion dollars.
The Eve company has shown the worst four -day period at the expense of its shares since 2000. Investors are concerned about Apple’s prospects, as the company still receives most of its income from selling physical devices that need to be imported to the United States. Most iPhone and other Apple products are still made in China.
Trump raised roles in China from 54% to 125% yesterday, and China in response introduced duties to American goods by 84%.
In recent years, Apple has worked in varying its supply chain to reduce hope in China.
Earlier we wrote that Apple shares in the past three days fell 19%, of which 3.7% were on Monday, April 7.
Apple shares fell by a quarter: Microsoft is the richest company in the world
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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.