NEW YORK: Apple is headed for its biggest weekly decline this year as the iPhone maker’s profits are seen as particularly vulnerable to a flare-up in the trade war given its reliance on China for production and sales.
Apple has shed about US$75 billion of market value since last Friday, a slide that takes it even further away from the US$1 trillion valuation it appeared close to reclaiming earlier this month. Morgan Stanley on Thursday estimated that in a worst-case trade scenario, Apple could see its earnings drop by nearly a quarter, or US$3 per share.
Hope for more offers from Apple in the wake of trade wars.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite: