Apple

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Apple loses $250B market value as tariffs tank tech stocks (techcrunch.com)

submitted 2 days ago by BrikoX@lemmy.zip to c/apple@lemmy.zip

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Apple lost more than $250 billion in market value Thursday, with shares down as much as 8.5% as a result of President Donald Trump’s tariff spree.

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[–] reddig33@lemmy.world 4 points 2 days ago

If this was just tariffs on China it probably wouldn’t have hurt Apple as much. They manufacture devices and parts in a number of countries. But no, the Trump administration has pretty much tariffed anything made outside of the 50 states.

So much winning! /s