Apple’s Adaptability Is Being Underestimated: NYU’s Damodaran
From Yahoo Finance: 2025-05-01 17:41:00
Apple’s overall sales increased by 5% to $95.4 billion, surpassing estimates. However, sales from China dropped by 2.3% to $16 billion in the second fiscal quarter, falling short of analyst expectations. Finance professor Aswath Damodaran believes the long-term effects of tariffs on Apple are being overestimated.
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