Other technology values ​​are increasingly dependent on the iPhone group Apple – the tech giant on the left is overtaken on the stock exchange.

This year Apple has already lost almost 20 percent of value and thus a tick more than the electric car maker Tesla, whose shares because of the proximity of the company boss Elon Musk for US preserved Donald Trump. At Apple, customs and demand worries explain the latest price losses.

In the ranking of the most valuable companies, Apple has slipped to third place behind the Primus Nvidia and Microsoft. Tesla is no longer one of the “glorious seven” because Broadcom has moved past the market capitalization.

Optimists for Apple are less common among the analysts. With JPMorgan there is still a particularly renowned institute that votes with “Overweight”. However, Samik Chatterjee shortened his estimates and the price target for demand conquerors on Thursday. In the medium term, in addition to the economic headwind, this should also suffer from the effect that customers had already preferred the purchase of products.

There was still a confirmed purchase recommendation from the Bank of America in June, but other institutes such as UBS or DZ Bank have long since evaluated the iPhone manufacturer with “neutral” or “holding”. The Jefferies analysis house even lowered the share in May because of the expected customs loads on the negative vote “underperform”.

At the beginning of April with the first customs shock and then again at the end of May, the shares were lower than today. Five weeks ago, Trump had threatened Apple with 25 percent import duties. He had informed Apple boss Tim Cook a long time ago that he would expect the company to be produced and built there, “not in India or anywhere else,” wrote Trump.

New York (dpa-Afx)

By the way: Apple and other US shares are even tradable at Finance.net Zero until 11 p.m. (without order fees, plus spreads). Open Depot now for free And receive a free stock as a gift.

Selected leverage products on Apple

With knock-outs, speculative investors can participate disproportionately in price movements. Simply choose the desired lever and we will show you suitable open-end products on Apple

Advertising

ttn-28