Apple receives temporary relief from tariffs, protecting iPhone from price increase, but stock remains uncertain
From Nasdaq: 2025-04-18 17:15:00
Apple (NASDAQ: AAPL) is down 20% from all-time highs due to market sell-off and concerns about manufacturing in China. Good news for Apple: smartphones exempt from reciprocal tariffs, protecting iPhone from 145% price increase. However, electronic device exemptions are temporary, with semiconductor-specific tariffs coming soon. Apple’s stock remains uncertain amid tariff wait-and-see approach by Trump administration.
Apple’s sales growth stagnant over past three years, reaching COVID-era peak now. Stock trading at premium valuation, 28 times forward earnings. Apple faces challenges with tariffs impacting sales, uncertainty looms until Q2 earnings report. Investors advised to be cautious due to lack of new products driving growth and potential price hikes.
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