Apple stock bloodbath continues after China applies retaliatory tariffs

24567

Comments

  • Reply 21 of 140
    badmonkbadmonk Posts: 1,351member
    When I saw the stripped down quality of the iPhone16e, my first thought was this is a phone made for tariffs.

    The whole market is imploding and you could say that the money has moved out and will flow back in but the larger issue is having the MAGA clown car setting off a recession.  Despite protests to the contrary, are we sure DJT and the car aren’t Russian operatives?  They sure act like it.

    Prices are going to go up and the Reserve is hamstrung because lower interest rates will just add fuel to the inflation fire.


    The sad thing is if they just did nothing and Trump just golfed, the economy would have been fine.  This is an economic 9/11.
    foregoneconclusionForumPostDAalsethbaconstangjony0willett
     5Likes 1Dislike 0Informatives
  • Reply 22 of 140
    thedbathedba Posts: 823member
    badmonk said:
    When I saw the stripped down quality of the iPhone16e, my first thought was this is a phone made for tariffs.

    The whole market is imploding and you could say that the money has moved out and will flow back in but the larger issue is having the MAGA clown car setting off a recession.  Despite protests to the contrary, are we sure DJT and the car aren’t Russian operatives?  They sure act like it.

    Prices are going to go up and the Reserve is hamstrung because lower interest rates will just add fuel to the inflation fire.


    The sad thing is if they just did nothing and Trump just golfed, the economy would have been fine.  This is an economic 9/11.
    Sort of like when his pappy left him all that money. If he would've put it away in a bank and did nothing else, he would've had more in end, instead of playing a "make believe billionaire" on "The Apprentice". 
    badmonkchiamortarman81mmForumPostlondorjroyjony0elijahg
     8Likes 0Dislikes 0Informatives
  • Reply 23 of 140
    And the MAGA crowd still supports this moron. What is it going to take for these idiots to understand they voted for a traitor, convicted felon and rapist, corrupt thief who also happens to be a Kremlin asset — not to mention a bumbling, incoherent fool with a 200 word vocabulary and the understanding of geopolitics of a 5 year old?
    if you voted for this piece of shit, you own this. And you know what? It’s not even the beginning of the disaster he’s preparing for us.
    As someone else mentioned, they can lose their homes and move into cardboard boxes on the sidewalk and they will still rave that he is the greatest president ever.
    mortarman81mmoxonrichmuthuk_vanalingamramanpfaffs.metcalfmr.scottdewmeglnfjroybaconstang
     12Likes 0Dislikes 0Informatives
  • Reply 24 of 140
    tmaytmay Posts: 6,464member
    Still time for Apple to curry Trump's favor; TikTok just now given a 75 day extension to find a buyer....
    ForumPostlondor
     0Likes 2Dislikes 0Informatives
  • Reply 25 of 140
    badmonk said:
    Despite protests to the contrary, are we sure DJT and the car aren’t Russian operatives?  They sure act like it.
    -----
    The sad thing is if they just did nothing and Trump just golfed, the economy would have been fine.  This is an economic 9/11.
    Trump would find himself falling out of a high window if he just golfed and didn't try to sabotage the United States. 
    londorselleringtonjroybaconstang
     3Likes 1Dislike 0Informatives
  • Reply 26 of 140
    AppleZuluapplezulu Posts: 2,353member
    "And, those same advisors came up with the faulty formula that the president applied, that has nothing to do with tariffs applied by countries importing US goods. 

    According to CNN, the 54% tariff that China has responded to, was made by dividing a given country's trade deficit by its exports to the US. Then the resulting figure was divided in half."

    This should not go by without being noticed. The Trump administration claims the tariffs are "reciprocal," but since reciprocal tariffs would require complex, nuanced and detailed calculations, they instead chose a simple, unrelated formula they pulled out of their proverbial a$$ so they could quickly make up some numbers to use for their tariffs. It's important to understand that these are not brilliant stratagists playing three-dimensional chess to steer the ship of state, but morons falling all over themselves to implement whatever the Big Guy wants. "Signal gate" from last week further demonstrated this. These are all the proverbial D-students who put more effort into figuring out how to cheat on tests in high school than they ever did in trying to actually pass them. I mean, think about it. If they hadn't cheated, they wouldn't have even been D-students. 

    So Apple's stock price, your 401(k), and the price of just about everything are all being screwed up because the Big Guy wants to create chaos with tariffs, and the people he hired can't be bothered to find someone who can figure the math to actually do the thing that they claim they're doing. They are (to use another high-school metaphor because it seems so on-the-nose) "fixing" international trade by setting off cherry bombs in the boys' bathroom toilets.
    chiamortarman81mmForumPostDAalsethanonymouselondorramanpfaffilarynxroundaboutnowmr.scott
     14Likes 0Dislikes 0Informatives
  • Reply 27 of 140
    And the MAGA crowd still supports this moron. What is it going to take for these idiots to understand they voted for a traitor, convicted felon and rapist, corrupt thief who also happens to be a Kremlin asset — not to mention a bumbling, incoherent fool with a 200 word vocabulary and the understanding of geopolitics of a 5 year old?
    if you voted for this piece of shit, you own this. And you know what? It’s not even the beginning of the disaster he’s preparing for us.
    You can’t reason with a citizen of MAGAslobovia. Logic and common sense is banned.
    mortarman81mmForumPostlondoroxonrichselleringtons.metcalfmr.scottglnfjroybaconstang
     9Likes 1Dislike 0Informatives
  • Reply 28 of 140
    DAalsethdaalseth Posts: 3,246member
    The governor of California is going to call Trump’s bluff by ignoring the federal tariff and negotiate directly with other countries on tariffs. Seems like a decent strategy considering that the Trump tariffs are entirely dependent on the claim that the national debt has created a national emergency that gives the president the power to levy tariffs. In other words, the White House is likely violating the law and California is going to respond in kind.
    I question that. States Rights are one thing, but international trade, including treaties and tariffs are federal jurisdiction. I question if Cal can just go their own way, refuse to take part and negotiate their own agreements. That would be a Constitutional Law question, but it’s my impression that won’t stand scrutiny. 
    williamlondonsellerington9secondkox2ilarynx
     3Likes 1Dislike 0Informatives
  • Reply 29 of 140
    DAalseth said:
    The governor of California is going to call Trump’s bluff by ignoring the federal tariff and negotiate directly with other countries on tariffs. Seems like a decent strategy considering that the Trump tariffs are entirely dependent on the claim that the national debt has created a national emergency that gives the president the power to levy tariffs. In other words, the White House is likely violating the law and California is going to respond in kind.
    I question that. States Rights are one thing, but international trade, including treaties and tariffs are federal jurisdiction. I question if Cal can just go their own way, refuse to take part and negotiate their own agreements. That would be a Constitutional Law question, but it’s my impression that won’t stand scrutiny. 
    That's the point though: CA is going to do exactly what the Trump administration is doing...play fast and loose with Constitutional law. Fight fire with fire. Trump's legal ability to levy tariffs is no less flimsy per the Constitution. If the White House is just going to break laws every day then the states can counter by breaking the law themselves. 
    edited April 4
    DAalsethwilliamlondonlondorselleringtonMisterKit9secondkox2roundaboutnowmr.scottbaconstangelijahg
     8Likes 2Dislikes 0Informatives
  • Reply 30 of 140
    thedba said:

    "The markets are going BOOM... the stock is going BOOM," he added. "The country is going BOOM."
    There FIFY
    Well bombs do make that sound. 
    9secondkox2thedba
     1Like 1Dislike 0Informatives
  • Reply 31 of 140
    sflocalsflocal Posts: 6,156member
    Sounds like a great time for Apple to do a massive stock buyback.

    Mods... get rid of these political BS comments.  If I want that, I'll go to CNN or Fox News.  
    londordecoderringoxonrichblastdoorwilliamlondon9secondkox2s.metcalfmr.scottglnfxbit
     2Likes 10Dislikes 0Informatives
  • Reply 32 of 140
    Wesley Hilliardwesley hilliard Posts: 437member, administrator, moderator, editor
    sflocal said:
    Sounds like a great time for Apple to do a massive stock buyback.

    Mods... get rid of these political BS comments.  If I want that, I'll go to CNN or Fox News.  
    Oddly enough we haven't had to delete that much. As if millions of voices cried out in terror and were suddenly silenced.
    blastdoor9secondkox2radarthekatroundaboutnowmr.scottsphericglnfbaconstangjony0elijahg
     10Likes 1Dislike 0Informatives
  • Reply 33 of 140
    oxonrichoxonrich Posts: 12member
     This is the first time the shares have been below $200 since June 11, 2024. Even during COVID and what was then seen as a calamitous drop, Apple's share price was at $243.34.”

    Someone needs to check their facts and account for stock splits. Apple didn’t rise above $200 until June 2024.
    selleringtonbaconstangjony0
     3Likes 0Dislikes 0Informatives
  • Reply 34 of 140
    9secondkox29secondkox2 Posts: 3,322member
    The rest button has been pressed. The system is powered down, but will power up with a fresh set of memory banks. 

    Of course things are rough the day after. But let’s give it time to do what it’s going to do. There’s no arguing the USA has been unfairly treated in the world trading stage. Giving them some of their own medicine is necessary to level tje playing field. It’s not okay for us to pay sn ram dnd a leg to sell iverseas while they have it easy here. Or to be barred from selling there while they take over here. 

    We can hold off our addiction to foreign goods for a short while so they can feel the squeeze and give ourselves strong legs to stsnd in moving forward. Short term pain got long term gain. 

    With ford offering killer deals for the next 3 months the snd apple poised to sail through, I think we will be ok. Kinda me me wonder if anticipation of this isn’t why we have an m3 ultra instead of an m4 ultra. 

    I can’t imagine there not being some communication about how to navigate this behind the scenes. The president and Apple’s CEO are brilliant people. 
    thtneoncatblastdoorramanpfaffStabitha_Christiemobiusroundaboutnowsphericglnfretrogusto
     0Likes 14Dislikes 0Informatives
  • Reply 35 of 140
    9secondkox29secondkox2 Posts: 3,322member

    The governor of California is going to call Trump’s bluff by ignoring the federal tariff and negotiate directly with other countries on tariffs. Seems like a decent strategy considering that the Trump tariffs are entirely dependent on the claim that the national debt has created a national emergency that gives the president the power to levy tariffs. In other words, the White House is likely violating the law and California is going to respond in kind.
    California is part of the country. If there is a federal tariff, California is the one in violation if they try to ignore it. 

    Newsom will say anything to try to sound relevant. He’s already done enough to wreck California. Don’t want to imagine his influence going any further. 
    thtStabitha_Christieroundaboutnows.metcalfbaconstangelijahg
     0Likes 6Dislikes 0Informatives
  • Reply 36 of 140
    Mike Wuerthelemike wuerthele Posts: 7,023administrator
    The rest button has been pressed. The system is powered down, but will power up with a fresh set of memory banks. 

    Of course things are rough the day after. But let’s give it time to do what it’s going to do. There’s no arguing the USA has been unfairly treated in the world trading stage. Giving them some of their own medicine is necessary to level tje playing field. It’s not okay for us to pay sn ram dnd a leg to sell iverseas while they have it easy here. Or to be barred from selling there while they take over here. 

    We can hold off our addiction to foreign goods for a short while so they can feel the squeeze and give ourselves strong legs to stsnd in moving forward. Short term pain got long term gain. 

    With ford offering killer deals for the next 3 months the snd apple poised to sail through, I think we will be ok. Kinda me me wonder if anticipation of this isn’t why we have an m3 ultra instead of an m4 ultra. 

    I can’t imagine there not being some communication about how to navigate this behind the scenes. The president and Apple’s CEO are brilliant people. 
    Foreign goods? What about food from other countries? What about raw materials? Lumber, steel, concrete.

    Ford's "killer deals" are literally sticker price. Apple isn't poised to "sail through." It hasn't even started making the iPhone 17, and it relies on discretionary income.

    This is not going to go the way you say it's going to go. There is no gain here.
    edited April 4
    blastdoorwilliamlondonradarthekatroundaboutnows.metcalfmr.scottmuthuk_vanalingamglnfForumPostcpsro
     14Likes 0Dislikes 0Informatives
  • Reply 37 of 140
    xyzzy-xxxxyzzy-xxx Posts: 214member
    People in foreign countries stop buying US products because of Trump, this alone will hurt Apple.
    blastdoors.metcalfglnfcpsrobaconstang
     5Likes 0Dislikes 0Informatives
  • Reply 38 of 140
    9secondkox29secondkox2 Posts: 3,322member
    flitetym said:
    Good. Apple has long been over-priced, and under-performing. Apple needs to bring its rotten self back to terra firma. You people had better realize and accept that Apple is not the company it used to be.
    Yep. Apple has skyrocketed in pricing the last few years. They have a couple base models with price tags that look good on paper. But as soon as you spec it to what you actually want/need, it gets astronomical quickly. 

    It’s time for that to come back to reality. The 2020 iMac 5k was s great deal. Loaded one up for my previous organization and the price was great for what it was. 

    A few years later, the same equivalent computer would cost a ridiculous amount. 
    neoncatStabitha_ChristieilarynxlondorroundaboutnowForumPostcpsrobaconstang
     1Like 7Dislikes 0Informatives
  • Reply 39 of 140
    MisterKitmisterkit Posts: 526member
    My M1 MacBook Air is now looking like a long term good investment.
     0Likes 0Dislikes 0Informatives
  • Reply 40 of 140
    Wesley Hilliardwesley hilliard Posts: 437member, administrator, moderator, editor
    The rest button has been pressed. The system is powered down, but will power up with a fresh set of memory banks. 

    Of course things are rough the day after. But let’s give it time to do what it’s going to do. There’s no arguing the USA has been unfairly treated in the world trading stage. Giving them some of their own medicine is necessary to level tje playing field. It’s not okay for us to pay sn ram dnd a leg to sell iverseas while they have it easy here. Or to be barred from selling there while they take over here. 

    We can hold off our addiction to foreign goods for a short while so they can feel the squeeze and give ourselves strong legs to stsnd in moving forward. Short term pain got long term gain. 

    With ford offering killer deals for the next 3 months the snd apple poised to sail through, I think we will be ok. Kinda me me wonder if anticipation of this isn’t why we have an m3 ultra instead of an m4 ultra. 

    I can’t imagine there not being some communication about how to navigate this behind the scenes. The president and Apple’s CEO are brilliant people. 
    These increasingly horrifically incorrect posts backed by zero facts don't change reality. Ford's prices for the next few months reflect inventory that is already in the United States and won't be affected by tariffs. Can you name what the actual going rate of tariffs were for the other countries before Trump's little scheme here? Hint: it isn't what was on that board.

    What none of the Trumpers are able to explain is *how* these tariffs will help the American people. Regardless of what lies you've been told, this is like adding $4,000 of expense to every American for the year. Everything will get more expensive, and even when tariffs go down, what incentive will companies have to lower prices Americans are already paying?

    We're in for a decade of price inflation and pain because of an incompetent moron that was elected by the uneducated and/or willfully ignorant people. And the people that will be hurt the most are the Trump voters, who tend to be economically challenged.

    This isn't going to go the way you think. But there's no sense in arguing I suppose. You'll just have to see how it happens live because facts don't seem to matter, only how things affect you directly. So we'll see.
    anonymousewilliamlondonradarthekatlondorroundaboutnows.metcalfmuthuk_vanalingamglnfdecoderringForumPost
     15Likes 0Dislikes 0Informatives
Sign In or Register to comment.