Worst-case scenario sees $256/iPhone Trump tariff hit says Jefferies By Investing.com
From Investing.com: 2024-11-15 10:06:51
Jefferies analysts warn of potential impact on Apple if Trump reintroduces high tariffs. Apple heavily relies on China for production, facing possible $256 per phone tariff. Worst-case scenario could reduce gross margins by 6.7 percentage points, impacting valuation by 10%. Long-term challenges include demands for local production and strain on supply chain profitability.
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