Apple in Crisis Mode? Tariffs, Stock Wipeouts, and Supply Chain Shocks Shake Up the Tech Giant!

Apple Inc. is facing one of the most turbulent moments in its recent history. Over the past week, the company has lost over $700 billion in market capitalization, relinquished its crown as the most valuable U.S. company to Microsoft, and seen its shares plummet by 23% across four trading sessions. The sell-off comes on the back of escalating trade tensions between the United States and China, with President Donald Trump introducing a 125% tariff on Chinese imports—directly impacting Apple’s China-dependent supply chain. Panic buying has been reported at Apple Stores across the U.S. amid fears of iPhone price hikes, with estimates suggesting the cost of an iPhone could double if manufactured in the U.S. In parallel, Apple has slashed the price of its Apple TV+ subscription to $2.99 per month for three months in an attempt to stimulate consumer engagement. Amid all this, Apple is accelerating production shifts to India, sending planeloads of iPhones to dodge rising duties. However, analysts warn that the company’s structural reliance on Asia makes a swift manufacturing relocation unrealistic. The following four factors outline Apple’s current challenges in detail.