The Trump tariffs announcement has so far wreaked havoc on Apple’s supply chain across multiple countries and its market capitalization, which saw the technology giant lose $250 billion in just a single day. It can be assumed that the decision taken by the U.S. government will force the company to increase the prices of its products unless it obtains an exemption, and according to a research note from analysts, Apple’s net income for the year is estimated to take a whopping $33 billion hit. New research believes that Apple has a low chance of exemption because of the way the […]
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