Due to the announcement of the introduction of tariffs by the President of the United States, various stocks experienced a sudden fall, including Apple shares, which saw a fall of around 23% in the last few days. This matter also reduces the value of the Apple company, and now positions it as the second most valuable company in the world. So, what should you know about it?
For your information, topping the list is Microsoft, which is now worth $2.635 trillion, versus Apple, which is worth around $2.590 trillion. Meanwhile, NVIDIA is in third place with a company value of $2,349 trillion. Microsoft was seen as less impressed with the introduction of these tariffs compared to Apple considering their focus on software and services, compared to Apple which relies on output from outside the United States.
We have yet to compare other details on the news. So, we should wait for more confirmation from Microsoft. Hopefully, everything will be sorted out soon.
What are your thoughts on this news? Comment below, and stay tuned for more news like this at TechNave.
COMMENTS