Apple (NasdaqGS:AAPL) Faces 14% Price Drop in a Week as China Tariffs Impact Stock
Apple (NasdaqGS:AAPL) experienced a 14% price decline over the past week, coinciding with broader market downturns amid escalating trade tensions. President Trump’s recent tariff announcements triggered a severe market reaction, with the Dow Jones and S&P 500 suffering substantial losses, while the Nasdaq entered bear market territory. Apple’s significant presence in China likely exposed it to heightened vulnerabilities due to imposed tariffs. Despite developments in digital health integrations, such as Cardiex’s association with the Apple Health app, macroeconomic concerns dominated investor sentiment, leading to the company’s sharp decline. This mirrored the overall bearish trends affecting major technology stocks.
