Analyst Forecasts Tariffs Impact On Apple's Profit And Highlights 2 Software Stocks That Are Safeguards
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 ...