AAPL has been in the news 317% more than usual
Apr 09, 2025, 6:31 PM
1.96%
What does AAPL do
Apple, headquartered in Cupertino, California, is a leading technology company that designs and sells consumer electronics, software, and online services, including the iPhone, iPad, and Apple Music. It is one of the Big Four tech companies, alongside Amazon, Google, and Microsoft.
AAPL has been in the news recently: Apple is considering a price increase of $350 for the iPhone 16 Pro Max due to tariffs, contributing to a 20% drop in its shares and a loss of over $675 billion in market capitalization. The company's challenges are compounded by President Trump's threat of a 50% tariff on China, which raises total duties to 104% amid escalating trade tensions.
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