Apple has always been considered by many to be the inventors of the modern-day smartphone, but with stiff competition in today’s market as well as the China and US trade deal affecting the price of their stocks, 2020 could be a problematic year in terms of revenue for the business. But could it be as bad as first thought? In this article, we will be looking into the impact of the trade war on Apple’s revenue in 2020.
The iPhone 11 has arrived!
The iPhone 11 has made waves in terms of brand-new technology and has once again proved why they are one of the biggest tech companies in the world, but this was also a huge jump for Apple Stock with an increase of around 7.8% over the last month. With the combined sales of the 11, 11 pro and 11 pro max, this is set to be a big year for apple moving into 2020.
With a new range of technology including wireless charging and Wi-Fi 6 this is set to be drastically changed in 2020 with a radical upgrade and a 5G edition to compete with rivals such as Samsung and Huawei. Though this is only pure speculation at this time, 2020 is set to be another big year for the tech giant as rumours begin to fly around the new radical smartphone. Whether this follows in the footsteps of Samsung with the notch-less display or a completely reinvents the smartphone as we know it with new technology, this is set to be one of the biggest phones yet.
The impact of political uncertainty
As imposed traffic continue to be implemented, the 10% added to Chinese imports during the USA and China trade war there has been much speculation surrounding the earrings of the new iPhone release. With more to pay per unit made, the annual earnings of the company could be affected should tariffs continue to be imposed as many Apple fans see the new devices as overpriced for what you are receiving. With political uncertainty proving disruptive to the global economy, Apple has experienced a drop in stock prices since the trade war in the US that is only set to increase.
Though the release of the iPhone 11 range has helped to boost this, there are still a number of questions surrounding the annual earnings of the company that could fall in 2020 should no agreement be made between the two nations.
Trading making its move
As 5G begins to gain in popularity, Skyworks and a number of other 5G stocks have begun to make a move. As more and more people begin investing in the technology there is reason to question why Apple have not opted for the release of a 5G compatible iPhone 11. However, stock trading between the UK and the US, as well as currency exchange trends regarding GBP and USD, have weakened due to political uncertainty as well as shipments of iPhones declining in recent years only time will tell as to how much this will disrupt the industry as a whole.
The future of Apple iPhones
Though Apple stock has continued to fall 2020 is set to be a big year for the company. With a 5G compatible iPhone rumored with a number of additional features, this is set to be one of the biggest releases that the company has developed since the release of the original iPhone. Though this is only speculation at this time, there are a number of sources claiming big changes to the overall design as well as the display that comes as standard.
With this in mind, there is a vast amount of uncertainty surrounding the future of Apple stock heading into 2020 and how the ongoing trade war will continue to cause fluctuations in not only the price of their stock but also the number of shipments that are being made of their leading products. Unfortunately, only time will tell where the future of the company is headed.