Apple's Margins Catch A Break, But Road Ahead Still Looks Bumpy

Apple Inc AAPL investors breathed a much-needed sigh of relief on Friday when the Trump administration announced a decision to exempt iPhones, iPads, and Macs from the latest wave of reciprocal tariffs. This might have saved the company from a near-term cost storm.But according to JPMorgan analyst Samik Chatterjee, don't mistake this breather for a green light to go full bull – at least not yet.Exemptions Offer Margin Relief, But It's Not All ClearWhile the hardware tariff exemptions will help reduce immedi ...