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Apple Dethroned by Microsoft As Top-Valued Company Amid Tariff Fears
Apple has lost its position as the world's most valuable public company to Microsoft following a dramatic four-day slide in its stock price,...
Apple has lost its position as the world's most valuable public company to Microsoft following a dramatic four-day slide in its stock price, driven largely by concerns over President Donald Trump's escalating tariff war with China, where most of its iPhones are assembled. Apple has been exploring manufacturing diversification in countries like India and Vietnam in recent years, but analysts suggest it would be nearly impossible for the company to quickly shift its complex supply chain away from China. The two tech giants have traded the "most valuable company" title several times in recent years, with Microsoft claiming the top spot in early 2024 before Apple regained it – only to lose it again during this week's market volatility.
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