Apple's plans for dealing with the U.S. tariffs imposed on China — which is at the center of the company's supply chain — reportedly include sending more iPhones made in India to supply the U.S. market. Apple is also likely to squeeze its suppliers and lower its margins in order to keep the prices of its iPhones from soaring, the report said, adding that the company has kept the starting price of its flagship device at $999 since 2017. In the meantime, consumers' concerns that tariffs may cause a surge in i ...

(L-R) Apple CEO Tim Cook, Vivek Ramaswamy and Secretary of Homeland Security nominee Kristi Noem attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025.While the stock market broadly fared better on Monday than in the prior two trading days, Apple got hammered once again, losing 3.7% as concerns mounted that the company will take a major hit from President Trump's tariffs. The selloff brings Apple's three-day ...

Following the Trump Administration announcing wide-ranging tariffs on all imported products, with rates starting at 10% and going higher depending on the country, Needham published last Thursday, Friday, and Monday’s initial reactions to their coverage areas on who has the most exposure.Apple Inc AAPL stock fell nearly 10% Thursday, losing about $300 billion of market cap, owing to new tariffs. However, unless Apple gets an exemption, analyst Laura Martin calculated that Apple’s adjusted EPS will fall by ov ...

A customer checks Apple's latest iPhone 16 Plus (right) and Apple's latest iPhone 16 Pro Max (left) series displayed for sale at Master Arts Shop in Srinagar, Jammu and Kashmir, on September 26, 2024.President Trump's reciprocal tariffs could lead Apple to raise the price of the iPhone 16 Pro Max by as much as $350 in the U.S., UBS analysts estimated on Monday.The iPhone 16 Pro Max is Apple's highest-end iPhone on the market, and currently retails for $1,199. UBS is predicting a nearly 30% increase in retai ...

Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our view, no U.S. tech company is more negatively impacted by these tariffs than Apple with 90% of iPhones produced and assembled in China.” Wedbush cut its price tar ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Shares of consumer tech giant Apple (AAPL -4.47%) traded over 5.6% lower today as of 12:52 p.m. ET, extending its sell-off after President Donald Trump issued far-reaching tariffs late last week. Wedbush analyst Dan Ives lowered his price target on the stock in a research report issued yesterday, while maintaining a bullish rating."Tariff Armageddon"Ives, who has long been bullish on big tech stocks in the "Magnificent Seven," has issued several sobering research notes in light of Trump's tariffs. One from ...

Core Insights - The recent stock market sell-off, particularly affecting major tech companies, was triggered by the Trump administration's tariff announcements on April 2, with Apple experiencing the sharpest decline among the "Magnificent Seven" stocks [1][2][8] Group 1: Tariff Impact on Apple - The Trump administration's tariff plan includes a 10% unilateral tariff on U.S. imports starting April 5, with additional reciprocal tariffs on certain countries beginning April 9, which could significantly impact Apple's supply chain [3][4] - Apple's manufacturing is primarily located outside the U.S., in countries such as China, India, Japan, South Korea, Taiwan, and Vietnam, making it vulnerable to these tariffs [4][5] - An iPhone could potentially see a price increase of up to 43% due to tariffs, which could lead Apple to absorb costs or pass them onto consumers, likely affecting sales negatively [5] Group 2: Pre-existing Challenges - Apple was already facing challenges prior to the tariff announcements, including a lackluster reception of its AI features integrated into Siri and iOS, which did not boost iPhone sales as anticipated [6] - The company's stock was trading at a high price-to-earnings (P/E) ratio of over 40 at the beginning of the year, with analysts reducing long-term earnings growth estimates for various countries [7] Group 3: Investment Considerations - Despite being a leading company, it may not be the right time to invest in Apple, as the stock trades at 30 times earnings, and future growth could be jeopardized by tariff impacts [9] - Apple announced a plan to invest $500 billion in the U.S., which may help in negotiating tariff relief [10] - The current valuation may be too high given the company's growth prospects, suggesting a reevaluation might be necessary once the tariff situation stabilizes and the stock trades at a more reasonable P/E ratio closer to 20 [11]

Core Viewpoint - Apple Inc. is perceived as a potential major loser from tariffs, yet the company is expected to effectively navigate the challenges posed by this situation [1] Company Summary - Apple Inc.'s stock is experiencing a decline due to negative news regarding tariffs [1] - The stock is included in a portfolio designed for stability and reliability in any economic environment, referred to as the "End Of The World Portfolio" [1]

In this articleAAPLChief Executive of Apple, Tim Cook gives a thumb's up during a tour the Apple Headquarters on December 12, 2024 in London, England. Chris Jackson | Getty ImagesApple has triumphed over an effort from the U.K. government to keep details secret of its appeal against an order to create a "backdoor" to iPhone users' data.The U.K.'s Investigatory Powers Tribunal on Monday published a ruling dismissing the government's attempt to prevent details from a hearing on the appeal from being made publ ...