The president has imposed a rate of 34% for the import of Chinese products, which should affect the technology giant
Summary
Apple has lost $ 250 billion in market value due to the new rates imposed by Donald Trump, which affect Chinese products and can increase the prices of US devices. The great technicians such as Microsoft and Alphabet also recorded smaller falls.
Apple has lost $ 250 billion ($ 1.40 trillion) of market value on Thursday 3, according to the newspaper Financial timesreducing its market capitalization of 3.37 trillion dollars (R $ 18.87 trillion) to 3.12 trillion dollars (R $ 17.47 trillion). The shares of the company on the New York Stock Exchange closed the day with a drop of 9.25%.
Autumn takes place after the “rate” announced by the President of the United States Donald Trump, who imposed a 34% rate for the import of Chinese products – before it was 20%. According to the newspaper The New York TimesThis high should reach Apple, which has 90% of the iPhones made in China. New rates can offer Samsung an advantage, which produces its cell phones in South Korea, for which the rate will be 25%.
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The annual costs to be produced in China should increase by $ 8.5 billion ($ 47.6 billion), according to the investment company Morgan Stanley. IPhone, iPad and Apple Watch bring most of the company’s annual revenues of approximately $ 400 billion, according to the Nyt.
The price of the products should also increase. If the new rates are transmitted to customers, the value of iPhone 16 Pro Max in the United States can rise from $ 1,500 to almost $ 2,300 ($ 12.9 thousand). The calculation was carried out by analysts listened to by Reuters, based on the projections of the Rosenblatt Securities Investment Company, which estimates that costs increase by 43%.
Other great technicians have also been affected, but to a lesser extent. Microsoft’s shares decreased by 2.1%, while Alphabet, the owner of Google, dropped by 3.2%. The shares of the and HP computer manufacturers decreased by 15% and 12% respectively.
Source: Terra
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
