mike_galloway

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mike_galloway
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  • White House says Trump doesn't want to harm Apple and iPhone prices won't rise

    mike_gallowaymike_galloway
    bloggerblog said:
    I bought two unbranded bicycle bells from Alibaba that cost me 50cents (for both), the tariffs added 75cents. That 150% tax n tariffs for a total of $1.25
    This product is still astronomically cheaper than the rebranded bells at REI of the exact product for $32 each!! So now Trump's tariff is higher than the manufacturer's profits. What happens to this tariff, where does it go? And the tariff is not a deterrent since the product is still cheaper. The tariffs are a tax on Americans, not Chinese. Their price did not change for them, but it did for me and to those who buy in bulk and rebrand.
    As long as you keep shopping from abroad, the government gets its tax via tariffs - I believe this was part of the plan. If you stop shopping from abroad then you must buy local or not at all if local is too expensive. I get the idea even if it is doomed to fail.


    9secondkox2Wesley_Hilliardronnjib

  • Trump's 25% smartphone tariff starts just in time for the iPhone 17

    mike_gallowaymike_galloway
    I'm going to so be pissed and relieved when, in the near future, Trump "suspends" this one and the price of AAPL surges back. Pissed because the profit all his insider-trader cronies will make; relieved because I have so much invested in AAPL.

    I wish I were so confident that his corruption outweighs his idiocy that I could afford to put my money where my mouth is (by acting like an insider trader knowing he's going to orchestrate a market boost for AAPL soon). Instead I'm just going to keep holding on and ride out the Trump chaos.
    "the price of AAPL surges back".. LMAO..

    Take a valuation. PE (FWD) x28. Single low digit growth while MSFT. META, AMZN, NVDA deliver double digit growth to justify their high PE (FWD). 

    Why should AAPL surge with their timid revenue growth? LOL. 

    AAPL is under pressure. AI is cooked. Even John Siracusa wants Tim to step down in his recent article "Turnaround". 

    But Apple fanboys don´t want to listen that AAPL is under pressure. 

    Have fun with tiny upgrades from year to year and you pay way more for iPhones. 

    AAPL is and remain the worst performer by end of this year. AAPL can´t surge. This rotten stock can stay low for awhile. 

    I agree with you - Trump need to be allowed the time to destroy all American companies (a good start with Apple) in his own special way so the rest of the world can move on without America being a constant pain in the you know where.

    MassiveAttackbushman49secondkox2muthuk_vanalingamkillroysphericwatto_cobra