Apple stock hits 11-month low due to trade tensions with China, falls behind Microsoft
From Investing.com: 2025-04-08 19:49:00
Apple’s stock hit an 11-month low due to fears of the impact of tariffs on its products, causing it to fall behind Microsoft in market capitalization. This comes as trade tensions between the US and China continue to escalate, raising concerns about the tech giant’s future profitability. Apple’s shares have declined by 8% since the beginning of May, while Microsoft’s stock has remained relatively stable. Investors are closely monitoring the situation to gauge the potential impact on both companies’ bottom lines.
Read more at Investing.com: Apple stock hits 11-mth low on tariff fears, falls behind Microsoft in market cap