Apple Inc. (AAPL) Plunges 4.98% Amid Tariff Concerns

Apple Inc. (AAPL) shares plummeted 4.98% today, marking the fourth consecutive day of decline, with a cumulative drop of 22.99% over the past four days. The stock price fell to its lowest level since May 2024, with an intraday decline of 6.75%.

Apple's recent stock performance has been significantly impacted by a series of negative reports. These reports have contributed to a substantial loss in value, with the stock experiencing a 23% decline over a recent period. The negative sentiment has been fueled by concerns over Apple's heavy reliance on the Chinese market, which has raised questions about the company's vulnerability to geopolitical risks and economic fluctuations in China.

Adding to the challenges, recent tariff announcements by President Trump, including a 50% tariff on Chinese goods, have created a difficult environment for Apple. The tariffs are expected to increase the cost of components and finished products, potentially affecting the company's profitability and market competitiveness. This has led to substantial stock declines, as investors reassess the potential impact on Apple's financial performance.

In response to the tariff announcements, Apple experienced a historic selloff, with shares dropping 19% over a three-day period. This marked the worst three-day stretch for the company since 2001, reflecting the severity of the market's reaction to the potential economic pressures. The selloff underscores the heightened sensitivity of Apple's stock to external economic factors and the need for the company to navigate these challenges effectively.