Original Publish Date » April 8 , 2025
Last Updated » 2 weeks
Also, Apple’s stock fell 3.7% today, bringing its total decline over three days to 19%. This drop has resulted in a loss of C$909 billion (US$638 billion) in the company’s market capitalization.
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The Atlantic » Buy That New Phone Now. If America enters a recession, depressed demand might lead to some nice markdowns, which you might take advantage of if you’re not financially preoccupied with keeping a roof over your head or food in your kitchen. The Trump administration could also produce some kind of carve-out for Apple and other American tech firms to do business without paying the tax. (Apple, like other major tech companies, has cozied up to Trump; the company’s CEO, Tim Cook, was present for Trump’s inauguration in January.) When the previous Trump administration announced tariffs on consumer goods imported from China, Apple products were exempt.
