Microsoft exceeded Apple to become the most precious public society in the world again. This change occurred when Apple’s shares fell 23% in the last four negotiation sessions, resulting in a reduction in its market capitalization to 2.59 billions of dollars. Meanwhile, Microsoft is solid with a market assessment of $ 2.64 billions at the last negotiation session.
The wider market was negatively affected by the price plan of President Donald Trump, which aims to impose prices on imports of more than 100 countries. This scanning plan aroused fears of a recession in the middle of the upward prices, the Nasdaq index lowering 13% over the same period. Apple and other large technological companies feel pressure, while market turmoil continues.
Apple, which relies strongly on Chinese manufacturing, is particularly vulnerable to the planned price of 104% on Chinese imports. This price, which should start on Wednesday, threatens to considerably increase production costs. Analysts suggest that these prices could increase the price of the iPhone 16 Pro Max up to $ 350 in the United States, lowering Apple’s market position.
Before the recent sale, Apple and Microsoft, as well as the manufacturer of NVIDIA chips, had market assessments greater than 3 billions of dollars. However, the current trade war and the sale of subsequent market have reworked the ranking, Microsoft now leading the pack.
Jefferies analysts noted that Microsoft seems to be among the “companies that we consider more isolated” of uncertainties surrounding these prices. This perceived stability probably contributed to its current market assessment. On the other hand, Microsoft had published disappointing income advice earlier this year, but he managed to maintain the confidence of investors.
UBS analysts provide that prices could generate significant price increases for Apple products, exacerbating business challenges. The high dependence on Chinese production makes Apple particularly sensitive to the increase in costs, which could ultimately have an impact on consumer prices on the American market.
Despite these challenges, the technology giants continue to sail in a landscape of the volatile market.
