Apple’s stock has taken a beating this month, and it sunk even lower today after comments from Donald Trump in a Wall Street Journal interview pointed toward the possibility of additional trade tariffs. The President of the United States casually tossed around comments about how easily people can stand a 10% tariff on all electronics imported from China. Evidently, he isn’t all that concerned with preserving the economic gains of the last year, because tariffs like these will kill them fast enough to make your head spin.
Last week, I wrote about Bloomberg Businessweek’s big story claiming that servers from the company Super Micro used by Apple, Amazon, and others had hardware modifications made to their motherboards. These reported modifications were supposedly made by hackers from the Chinese military, and the tiny added chips would make the servers vulnerable to hacking by opening backdoors for other servers to get trusted access or to inject code remotely. Bloomberg cited multiple sources from the US Intelligence community, from Amazon, and even three from within Apple.