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"This Could Blow Up Apple" iPhone Maker Plummets; Most Impacted By Tariffs Among Mag7s
"This Could Blow Up Apple" iPhone Maker Plummets; Most Impacted By Tariffs Among Mag7s Apple shares are plunging almost 10% in premarket trading, as the iPhone maker is viewed as especially exposed to the Trump administration’s tariff announcements. As Bloomberg economists write in an overnight report (available to pro subs), "the US reciprocal 34% tariff on China and other nations where Apple has manufacturing will likely amplify operating-margin deterioration, given we don
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