mike_galloway

Kuminga said:

Mike Wuerthele said:

Kuminga said:

Seems like stock market likes the deal for Apple 

it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.

AAPL is down from pre-market gains.

Look again 

I'm not sure why people are using share price to prove a point when it is just mass gut reaction - are things better today (share price up) or worse (share price down. Share price really doesn't predict the future only peoples fears or hopes.

My understanding is that there is a new White House directive about to come out that says if you have a label on your product that "Made in the USA" then the product is exempt from tariffs.

The only hassle appears to be that the label itself must be made in the USA and affixed to the product wherever it is being imported from, before the product enters the USA.

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.

MassiveAttack said:

randominternetperson said:

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.

The elimination of the USA's massive trade imbalance with the rest of the world is a necessity. The USA has been living on borrowed money for a long time and using it for excessive consumption. Effectively, China and other countries lends the USA money to buy their goods.

It is likely that if Trumps sticks to his guns this rebalancing will be achieved but at the expense of the current generation of Americans, who will pay the price for previous the generations over consumption.

The rest of the world will not pay this debt but they will suffer as world trade will decrease without American over consumption.

On balance this probably has to happen but it would be better done with a more stable man at the wheel.