Under siege on Wall Street and Main Street, Apple expands its trade-in program overseas

With Apple’s shares off 35% from the 52-week high set earlier this year, the one time trillion dollar outfit is now worth “only” $715 billion. Besides a general slump in shares caused by various factors including instability in the White House and higher interest rates by the Fed, it appears that Apple is dealing with poor sales of the 2018 iPhone models. This itself is due to several reasons, including pricing and competition. In addition, there seems to be animosity toward Apple in China due to the arrest of Huawei’s CFO a few weeks ago and from the U.S.-China trade war. Several Chinese …

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