Apple’s stock saga continues as the tech giant faces a dramatic market dip. Over four consecutive trading days starting April 3, the share price fell by 23%, wiping away more than $770 billion of market value following the announcement of reciprocal tariffs by U.S. President Donald Trump. 📉
The impact has hit hard because of Apple’s heavy reliance on overseas supply chains for product manufacturing. With tariffs hiking up costs, even a global leader like Apple can struggle in a fast-changing economic landscape. ⚡
In an unexpected twist, Microsoft has now edged ahead with a market value of $2.64 trillion compared to Apple’s $2.59 trillion, reclaiming the title of the world’s most valuable company by market cap. For tech enthusiasts and young investors alike, this is a clear reminder that fortunes can shift at lightning speed in the world of business.
As global markets continue to navigate these challenges, staying informed is more important than ever. Whether you’re an aspiring entrepreneur, a student of economics, or just curious about the tech scene, keep your eyes peeled—this rollercoaster ride shows no signs of slowing down! 💡
Reference(s):
Apple's stock price falls amid tariffs, loses top market value crown
cgtn.com
