Apple's iPhone sales in China are declining, but the company has ways to mitigate impact.

From Zacks Investment Research: 2025-02-03 21:20:19

Tariffs on Chinese goods are set to take effect this week, while proposed tariffs on Mexico and Canada have been delayed for 30 days. Apple’s iPhone sales were slightly soft in its latest release, with sales in China declining notably. Despite the tariffs news, Apple has ways to mitigate the impact, such as increasing U.S. prices and diversifying its supply chain. The company remains flexible to handle the situation, with options to shift manufacturing to other locations and consider price increases. Investors should wait to see how the situation unfolds amid recent suspensions on tariffs from Mexico and Canada.



Read more at Zacks Investment Research: Apple & China Tariffs: A Closer Look – February 3, 2025