From Financial Modeling Prep: 2025-04-07 03:41:00

Wedbush analyst Daniel Ives has cut Apple’s price target from $325 to $250 due to the impact of U.S. tariffs on the company’s cost structure and consumer demand, with 90% of iPhones produced in China. Current tariffs at 54% for China and 32% for Taiwan could significantly raise production costs.

Despite efforts to diversify production, over 50% of Macs and 75%-80% of iPads are still made in China, leaving Apple vulnerable to tariff-induced cost increases. This could lead to higher prices for consumers, potentially eroding Apple’s reputation for quality and affordability.

The shift of Apple’s supply chain away from Asia to the U.S. would be disruptive and costly, requiring significant investment and time. The impact of tariffs on Apple’s operations and profitability will be closely monitored through real-time data resources like the Company Rating API and Balance Sheet Statements API.



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