Apple stock bloodbath continues after China applies retaliatory tariffs

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  • Reply 41 of 140
    blastdoorblastdoor Posts: 3,751member
    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. 
    Interesting to know that the kool-aid is still tasting good. I look forward to future updates. 
    williamlondonilarynxroundaboutnowlondorsphericmuthuk_vanalingamglnf9secondkox2decoderringbaconstang
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  • Reply 42 of 140
    blastdoorblastdoor Posts: 3,751member

    xyzzy-xxx said:
    People in foreign countries stop buying US products because of Trump, this alone will hurt Apple.
    Yeah, clearly the brand hurt most is Tesla, but the USA brand is also severely damaged, which affects all companies associated with the US. 
    nubusilarynxroundaboutnowglnf9secondkox2danoxmattinozbaconstangjony0tmay
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  • Reply 43 of 140
    blastdoorblastdoor Posts: 3,751member

    Oddly enough we haven't had to delete that much. As if millions of voices cried out in terror and were suddenly silenced.
    I appreciate the greater tolerance for comments being shown at this site relative to the past. Or at least it seems more tolerant to me, anyway -- maybe I'm wrong. 

    These are unprecedented times and the idea that we should all restrict ourselves to commenting on technology, even though I obviously understand this is a technology-oriented site and the site owners can clearly moderate as they see fit, just seems tone deaf to me. 
    nubusradarthekatdecoderringdanoxbaconstangdrdavidtmay
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  • Reply 44 of 140
    Mike Wuerthelemike wuerthele Posts: 7,027administrator
    blastdoor said:

    I appreciate the greater tolerance for comments being shown at this site relative to the past. Or at least it seems more tolerant to me, anyway -- maybe I'm wrong. 

    These are unprecedented times and the idea that we should all restrict ourselves to commenting on technology, even though I obviously understand this is a technology-oriented site and the site owners can clearly moderate as they see fit, just seems tone deaf to me. 
    In times of yore, there was the political forum. That was infested by bad actors and worse behavior. We then banned comments of a political nature as things sorted themselves out. Google associated that shitty behavior with the site as a whole, so it got closed down.

    The interpersonal behavior has been better over the last few years, so the conversations get to swing wider.

    We are always watching, though.
    edited April 4
    blastdoornubusradarthekatroundaboutnows.metcalfsphericglnfdecoderringForumPostbageljoey
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  • Reply 45 of 140
    anonymouseanonymouse Posts: 7,058member
    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. 
    This is delusional, or, to be kind, we can label it "magical thinking". Give it time to wreck the global economy? Which, by the way, will include the US economy.

    Trump is anything but brilliant. He's a grifter who is in over his head but thinks he knows what he's doing. He's a profoundly stupid man who is an idiot savant as a con man. He's had to hire people as or more stupid than he is because no one more intelligent will agree to be his sycophant and because he's afraid that surrounding himself with intelligent people will make him look like the fool he is. The only people who are dumber are his supporters (or should we call them "marks"?) who believe his nonsense and support his quest for revenge on the world for laughing at him.
    williamlondonradarthekatroundaboutnowilarynxlondormuthuk_vanalingam9secondkox2decoderringForumPostDAalseth
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  • Reply 46 of 140
    blastdoorblastdoor Posts: 3,751member
    This is delusional, or, to be kind, we can label it "magical thinking". 

    Yup -- that's why I mentioned the Orwell quote. It occurs to me that the Orwell quote also is relevant to AI/LLMs. Much like someone who lives in an information bubble, an AI can hallucinate all kinds of crazy stuff because it doesn't come into contact with the physical world. But tariffs affect the physical world in ways that cannot be wished away. 

    I think it's going to be interesting to watch as people's false ideas keep colliding with that physical reality. It's going to take some longer than others to reconcile their thinking with reality. Some people are already doing it, but others will take longer. 
    radarthekatilarynx9secondkox2decoderringForumPostdanox
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  • Reply 47 of 140
    ApplePoorapplepoor Posts: 365member
    A possible scenairo:

    Agent Orange laughed all the way to the bank to deposit those billionaire's million(s). dollar(s) checks. A few days later he screwed every one of their corporations with his tax scheme he calls tariffs. The guess is that in less than six months, there will be lots of folks dying from lack of food, medicine and or medical care and the maniac will be laughing along with his boss, the Bear.

    By then, most of the middle class's assets will have had such a significant hit that retirement will become an exercise keeping starvation away and trying to stay healthy enough not to need the exorbitantly priced meds no longer covered by Medicare or Medicaid along with no social security checks (the annuity they paid for their entire working life).

    When the country degenerates far enough, Agent Orange will get in his personal Boeing 757 and fly to his reward with the Bear. Too bad for all those that thought this was their savior as they lack their own jet to get away from the disaster.
    edited April 4
    radarthekatblastdoorilarynxdecoderringForumPostdanox
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  • Reply 48 of 140
    ramanpfafframanpfaff Posts: 157member
    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. 
    Thanks for the stand up comedy. Was pretty much the only laugh I had today. Brilliant Donny. 🤣🤣🤣
    radarthekatlondorroundaboutnowilarynxmuthuk_vanalingam9secondkox2decoderringbaconstang
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  • Reply 49 of 140
    wookie01wookie01 Posts: 55member
    It’s probably just another grift. 
    Market manipulation on on a scale never imagined. 
    But to Donald maybe kaos is an end in itself 
    decoderringbaconstangdrdavid
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  • Reply 50 of 140
    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.  
    Exactly how much cash you think Apple has on hand?
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  • Reply 51 of 140
    9secondkox29secondkox2 Posts: 3,347member
    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.
    Those are covered under the “foreign goods” umbrella. 

    Fords deals aren’t msrp. They are a little below invoice. Employee pricing. Just went to check out the Bronco. It’s a pretty major deal. I’m shocked. There have been ways to get to this previously, but to offer it en masse across the board, even just for three months is major. 

    We will see how it goes. I certainly am not going to pronounce judgement against it in two days. 

    But the goal has been stated to make it fair trade for the USA on the international field. It’s a fact that we have been dispropoetuobstely targeted with high tariffs by other countries while they profit handsomely from the US. History has show that sitting back and just taking it isn’t the way to go - especially post-pandemic. So this is as good as shot as we’ve got. We can’t just sit back and keep asking them to “be nice please.” Sometimes you have to fight fire with fire. Of course there will be some pain. I’m thinking it’s short term.” But not necessarily quick. However it’s worth the attempt at the very least. If it all goes horribly awry, there is the option of doing an about-face. 

    Tje only thing I would have done differently is that I wish the president would have given a formal address to the nation in order to calm the knee-jerk reactions. Of course msny would still react anyway. He has his detractors as well as supports. But it would have been a good thing. 

    Either way, I think his cabinet has laid it all out very nicely on various news outlets and set the record straight. 

    Time is going to tell on this one. If it ends up going bad, no amount of cheerleading will change that. And if it ends up a success, no amount of hate will change that either. 

    In the meantime, we will see how American companies get creative and how American purchasing loyalties adjust. 
    edited April 4
    anonymouseForumPostlwr32
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  • Reply 52 of 140
    sflocalsflocal Posts: 6,156member
    Exactly how much cash you think Apple has on hand?
    A lot.  Is there point to your post?
    ilarynxdecoderringbaconstangjony0FileMakerFeller
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  • Reply 53 of 140
    ilarynxilarynx Posts: 152member
    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.
    Not an option, according to the Constitution. 

    Article I, Section 8 of the U.S. Constitution explicitly says, “The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises, … but all Duties, Imposts and Excises shall be uniform throughout the United States.”

    I strongly recommend reading the U.S. Constitution. Frequently. You can't preserve, protect, or defend, something you don't know

    https://www.archives.gov/founding-docs

    baconstang
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  • Reply 54 of 140
    ilarynxilarynx Posts: 152member
    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. 
    I had no idea that there were actual survivors of the Comet Halle-Bopp Heaven's Gate... "party". I offer my congratulations and condolences, and the suggestion to back off of the apple sauce. Soon. 

    All hail, Do and Ti!
    williamlondon
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  • Reply 55 of 140
    ilarynxilarynx Posts: 152member

    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. 
    Interesting claim that the capitalist market has failed. The demand for Apple's product combined with Apple's supply just didn't work? Apple priced its products over what the market would bear, so the market needed government intervention to fix what the market couldn't? Why didn't I hear about this sort of thing in all of my economics courses? 

    Cue GOP regurgitation/rationalization/apologia in 3... 2... 1...

    Amazing claim that John Locke was a liar. 


    londorwilliamlondonFileMakerFeller
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  • Reply 56 of 140
    ilarynxilarynx Posts: 152member
    In times of yore, there was the political forum. That was infested by bad actors and worse behavior. We then banned comments of a political nature as things sorted themselves out. Google associated that shitty behavior with the site as a whole, so it got closed down.

    The interpersonal behavior has been better over the last few years, so the conversations get to swing wider.

    We are always watching, though.
    Thank you. 

    Also see: https://www.techdirt.com/2025/03/04/why-techdirt-is-now-a-democracy-blog-whether-we-like-it-or-not/
    sphericFileMakerFeller
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  • Reply 57 of 140
    thedbathedba Posts: 825member

    …..
     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. 

    …….
    Oh you mean like the USMCA deal? Yeah what a terrible deal that was. The US got really stiffed.
    Now I wonder who signed that “terrible” deal?
    If only we had access to historical records to find out who was president back then?
    If only we had access to, I don’t know….. a search engine? 
    I think it was the president whose name rhymes with …. CHUMP?
    londorroundaboutnowsphericmuthuk_vanalingamForumPostbaconstangjony0drdavidwilliamlondontmay
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  • Reply 58 of 140
    s.metcalfs.metcalf Posts: 1,010member
    plalonde said:
    ... and it's just the beginning. I would probably also be hidding on my golf course  o:)
    Trump spent about 21% of his first term playing golf, with each of his golfing trips costing the taxpayer millions of dollars.  He did so, and continues to do so in his second term at a similar rate, all while having lambasted Obama and Biden for ever going anywhere (even though they did so far less), and sacking thousands of government workers in the name of government efficiency or for not pledging blind loyalty to him.  His hypocrisy is unfathomable, yet millions of Americans refuse to see it, believe it, or care.

    He won’t fix the drug epidemic either, because that would involve fixing poverty, disadvantage, declining living standards and increasing inequality, none of which he has any interest in doing.  His only concern is his own wealth, power and ego, and that of his nearest enabling henchmen (and women).
    thtsphericForumPostdanoxbaconstangjony0williamlondontmay
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  • Reply 59 of 140
    s.metcalfs.metcalf Posts: 1,010member
    In times of yore, there was the political forum. That was infested by bad actors and worse behavior. We then banned comments of a political nature as things sorted themselves out. Google associated that shitty behavior with the site as a whole, so it got closed down.

    The interpersonal behavior has been better over the last few years, so the conversations get to swing wider.

    We are always watching, though.
    This is a really good approach.  I’ve long said everything is political in one way or another and you can’t ban politics entirely, nor should you in my view.  Attempting to do so  exposes the site to potential bias from those doing the culling.  As long as people aren’t attacking fellow forum posters directly or repeatedly posting wildly inaccurate and blatantly false information I think politics should be allowed, and you’ll probably find it benefits the site.
    ilarynxbaconstangFileMakerFeller
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  • Reply 60 of 140
    ilarynx said:
    Not an option, according to the Constitution. 

    Article I, Section 8 of the U.S. Constitution explicitly says, “The Congress shall have Power to lay and collect Taxes, Duties, Imposts and Excises, … but all Duties, Imposts and Excises shall be uniform throughout the United States.”

    I strongly recommend reading the U.S. Constitution. Frequently. You can't preserve, protect, or defend, something you don't know

    https://www.archives.gov/founding-docs

    LOL...are you aware of the infamous Smoot-Hawley Tariff Act? That was a bill that passed Congress and was signed by Hoover. Notice that it's CONGRESS that is levying the tariffs and not Herbert Hoover. Which means Trump doesn't have the power to levy tariffs under the Constitution either. The current administration is trying to claim that the national debt has created a national emergency that gives him the power to do it himself. But that is obvious b.s. considering Trump wants to make the $2 trillion tax cut from 2017 permanent + add trillions more in new tax cuts. All of that will explode the national debt to new heights. 

    Basically CA is saying "if you're going to pretend to have the authority to negotiate tariffs by yourself then we're going to pretend that we can do that as well". 
    edited April 4
    thtspheric9secondkox2s.metcalfForumPostdanoxcpsrobaconstangjony0drdavid
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