What do you do when the most powerful person in the world demands the impossible? If you’re an Apple shareholder, you better settle in for a long, uncomfortable haul. Apple’s share price took another tumble on Friday,

U.S. stock index futures turned lower on Friday as shares of Apple dropped after U.S. President Donald Trump said the company would have to pay a 25% tariff if phones sold in the country are not made within its borders.

Apple’s shift toward services is unlocking powerful margin expansion, but hardware fatigue and legal pressures are mounting. With over one billion paid subscriptions and smart supply chain diversification, Apple remains a durable compounder, yet at 28x forward earnings, the stock offers better risk-reward on pullbacks than at peak optimism.

Apple Inc. has become a frequent target for attacks by President Donald Trump, a factor that has held the stock back as other big tech companies have rebounded over the past month.

Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. What next for the AAPL shares this year?

The U.S. equities market was falling midday Friday, as technology stocks weighed on major benchmarks. The Dow Jones Industrial Average was down 311 points, or 0.7%, to 41,548. The S&P 500 was falling almost 49 points,

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Apple stock falls after Trump threatens tariffs on iPhones made outside US. Company aims to shift production to India amid US-China tensions.