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Apple Faces Tariff Turmoil: Stock Plummets

  • Apple Inc. started the week with a significant decline, dropping nearly 4% on Monday.
  • The company's stock has lost 20% over three consecutive days, erasing $640 billion in market capitalization.
  • Tariffs imposed by the U.S. government on Apple's manufacturing hubs in China, India, Malaysia, and Indonesia are causing major concerns.
  • Analysts predict a potential 30% price increase for Apple's top-end iPhone model if tariffs remain unchanged.
  • The company faces tough choices: reduce prices and hurt margins or maintain prices and lose sales.

Source: Benzinga, Thestreet

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