Apple Reclaims $3 Trillion Market Cap After Tariff Relief

by with No Comment Market updates

Apple shares rose over 2% on Monday, lifting the company’s market value back above $3 trillion, as investors breathed a sigh of relief over the latest White House tariff update. The rally came after President Trump’s administration exempted phones, computers, and chips from a new round of trade duties late Friday.

Wall Street sees breathing room—for now

Apple is among the most exposed U.S. companies when it comes to tariffs, given that most of its iPhones, iPads, and MacBooks are assembled in China and across Asia. Analysts say these temporary exemptions could save Apple billions, at least in the short term. But the relief might not last—Trump officials have made it clear the policy could shift again in the coming weeks.

Source: Pexels

Trump highlights relationship with Apple CEO

“I speak to Tim Cook. I helped Tim Cook, recently, and that whole business,” Trump told reporters Monday, referencing the Apple CEO. While Apple’s stock reaction was modest, the president’s comments reinforced hopes that Apple may continue to receive favorable treatment in future tariff decisions.

Tariff costs drop, but uncertainty remains

Despite the rebound, Apple stock is still down about 9% for April and 11% in Q1, marking its worst quarter since 2023. But with the latest changes, analysts at Morgan Stanley estimate Apple’s annualized tariff burden has dropped from $44 billion to $7 billion. That’s a huge shift—though investors are staying cautious as trade policy remains unpredictable.

Apple Stock Soars as Tariff Pause Boosts Investor Confidence

by with No Comment Market updates

Apple shares surged 15% on Wednesday, marking the company’s best trading day in over two decades. The rally came after President Donald Trump announced a 90-day pause on new reciprocal tariffs, which would have directly impacted Apple’s production hubs in Vietnam, India, and Thailand.

Market cap nears $3 trillion

The jump added more than $400 billion to Apple’s market value, bringing it just shy of the $3 trillion mark. For perspective, Apple was worth about $3 billion in 1998, the last time it saw a daily gain of this size—back when Steve Jobs was interim CEO and the iPod didn’t even exist yet.

Source: Pexels

Relief after a brutal selloff

Prior to the announcement, Apple was on its worst four-day streak since 2000. Concerns had been growing over Trump’s aggressive tariff push, especially since Apple earns most of its revenue from hardware that is imported into the U.S. While China still faces a steep 125% tariff, reductions on Vietnam (down to 10%) and India (also 10%) give Apple more flexibility to shift production and soften the blow.

A big win for Apple—and the market

The tariff pause sparked a broad market rally, with the Nasdaq Composite rising more than 12%, its second-best day in history. Apple has not yet commented publicly on the developments, but all eyes will be on CEO Tim Cook’s May 1 earnings call, where he’s expected to address the company’s evolving trade strategy.