(LR) CEO of Apple Tim Cook, VIVEK Ramaswama and Secretary of Internal Security Kristi Noem participate in the inauguration ceremony, before Donald Trump is sworn in to 47. US President in the American capitol of the rotunda in Washington, January 20, 2025.
Saul Loeb AFP Getty images
While the stock market was considerably advised on Monday than in the previous two commercial days, Apple He was re -lost, losing 3.7%, because the fears replaced that the company would get a big hit from President Donald Trump Tariffs.
The sale brings a three -day Apple route to 19%, which is, which cleaned $ 638 billion in market capitalization.
The analyst claims that Apple is one of the most frequently exposed companies for a trade war, mainly due to relying in China, which are in the face of 54% of tariffs. Although Apple has production in India, Vietnam and Thailand, these countries are also in the face of increased tariffs as part of Trump's sweeping.
Among the technologies Megacap companiesApple has the most difficult episode. On Monday, the only actions that fell in this group of seven were Apple, Microsoft AND Tesla.
Nasdaq almost barely ended on Monday after a decline by 10% last week, which is the worst result in over five years.
Analysts say Apple will probably have to raise prices or eat additional tariff costs when new responsibilities appear. UBS analysts estimated on Monday that the best at the beginning of the iPhone Apple can increase by about USD 350, or about 30%, from the current price of $ 1199.
The Barclays Tim Long analyst wrote that he expects Apple to raise prices or the company may suffer by up to a 15% reduction in profit per share. Apple can also be able to change its supply chain so that imports to the USA come from other countries with lower tariffs.
Apple refused to comment on tariffs.
TO WATCH: Apple falls on Trump's tariffs
