(LR) Apple CEO Tim Cook, Vivek Ramaswamy and Secretary The Homeland Protection, Kristi Noem NoEM take part in the inauguration ceremony before Donald Trump swaps in Washington, DC on January 20, 202 as US President of the US in Washington, DC.
Saul Loeb | AFP | Getty pictures
While the stock exchange went much better on Monday than in the two previous trading days, Apple I was hammered again and 3.7%lost because the concerns that the company will raise a great success from President Donald Trump's tariffs.
The sale brings Apple's three-day Rout to 19%, a downdraft that extinguished a market capitalization of $ 638 billion.
Apple is one of the exposed companies of a trade war, according to Analyst, mainly due to its dependence on China, which is exposed to 54% tariffs. Although Apple is produced in India, Vietnam and Thailand, these countries are also exposed to increased tariffs as part of the extensive plan of Trump.
Apple has the most rough route among Tech's Megacap companies. On Monday the only shares that fall in this group of seven years were Apple, Microsoft And Tesla.
The Nasdaq hardly ended on Monday after it had dropped by 10% last week, the worst performance in more than five years.
Analysts say that Apple probably either has to increase prices or eat additional tariff costs if the new tasks come into force. On Monday, UBS analysts estimated that Apple's iPhone could increase by about $ 350 or about 30%compared to the current price of $ 1,199.
The barclays analyst Tim Long wrote that he expects Apple to increase prices, or the company could suffer from 15% to the result per share. Apple may also reorganize its supply chain so that imports to the United States come from other countries with lower tariffs.
Apple refused to comment on the tariffs.
REGARD: Apple drops at Trump
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