A quick meditation on tariffs and tech as we dive into the weekend!
Spicy week for the ol’ net worth! Stocks went up, they went down, they were spunt (™️ Matt McConkey.)
Stocks have the weekend to take a load off and regroup, they need to rest.
As a former Apple employee with company stock I’ve had one eye glued Apple’s plunging numbers. Tim Cook has yet to secure a tariff exemption so it’s still quite possible that Apple will take a massive hit on its margins.
I upgraded my iPhone last weekend in the hopes of avoiding post-tariff pricing. There’s speculation that iPhones could cost over 2k if the company gets hit with tariff costs. Plus, I was long overdue for an upgrade. l was still living that lightening cable life and Siri had fully stopped talking to me. Anytime I asked her a question she’d respond with a ‘uh huh” and then spin her grey circle around only to come up empty. The subtext was very “time to upgrade your iphone bish.”
Seeing Tim Cook nestled in amongst the other tech titans at the inauguration was unsettling to say the least. Especially since Tim is a gay man who presides over a company that prides themselves on diversity and having a “people first” approach to business.
Wasn’t aware that back in 2018, Tim locked down tax exemptions for iPhone parts being made in China and gifted Trump a $6,000 MacBook Pro as a thank you. Gonna go ahead and assume that the souped-up Pro was tossed over to Baron. Trump bragged that his son has an “unbelievable aptitude in technology.” He sites an example of the time he turned Baron’s laptop off, left the room and when he came back the laptop was on.
Baron turned the computer on.
If you think I’m exaggerating please enjoy the video below
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