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As Apple Sheds Over $500 Billion In Market Cap Since Trump's 'Liberation Day,' Top Analysts Weigh In On Its Path Ahead

Benzinga LogoBenzinga3d ago

As Apple Sheds Over $500 Billion In Market Cap Since Trump's 'Liberation Day,' Top Analysts Weigh In On Its Path Ahead - Benzinga

Quick Summary:

Dan Ives, global head of technology research at Wedbush Securities, cautioned, “Apple could be set back many years by these tariffs.” Although Apple has been working to diversify its supply chain away from China, nearly 80% of the 77 million iPhones shipped to the U.S.last year were still made in China, according to data from Omdia, reported CNBC.

Amid the ongoing trade war between the U.S.and China, Apple Inc. (NASDAQ:AAPL) is grappling with potential setbacks, according to industry experts.

Despite a temporary 90-day halt on many of Trump’s “reciprocal tariffs”, the total tariff rate the U.S.has imposed on Chinese goods has now reached a staggering 145%.

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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 12:15:11 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 578 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27788165

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 14 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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  • URL: https://chronographically.beamstart.com/news/as-apple-sheds-over-500-17443746575858

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