Trump inflates Apple’s share price since his inauguration; wants company to build iPhone in the U.S.


During a chat with reporters today, President Donald Trump made his first comment on the shellacking that Apple’s shares took yesterday (via C-SPAN). After the market closed on Wednesday, the company lowered its revenue guidance for fiscal Q1 of 2019, stating that fewer consumers in China upgraded to the latest iPhone models than expected. That led to a 10% decline in Apple’s shares on Thursday.

While the president says that he isn’t worried about Apple’s stock price decline and the widespread tech rout that accompanied it, he also fails to take responsibility for the …

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