U.S. import tariffs are top of mind for many Apple investors as Q2 earning loom
Beyond the actual numerical figures in Apple’s Q225 earnings, investors are keenly focused on CEO Tim Cook’s remarks regarding the company’s strategy to navigate U.S. import tariffs as U.S. President Donald Trump seeks to craft reciprocal trade deals with nations worldwide.
Apple is one of the most exposed companies to Trump’s tariffs and expected retaliation. It makes about three-quarters of its overall revenue from physical goods — iPhones, Macs and Apple Watches — mostly made in China or elsewhere in Asia. And the U.S. is its largest market.
Morgan Stanley analyst Erik Woodring… wants to hear what Cook and Apple finance chief Kevan Parekh have to say about how the company is mitigating supply chain and tariffs risks, if Apple will raise prices or eat costs, and the status of Cook’s relationships with Trump and Chinese President Xi Jinping.
Apple hasn’t commented on the hefty tariffs Trump announced for every country in the world on April 2, but they represent a deep threat to the iPhone maker’s supply chain and sent the company’s share price down 9%.
MacDailyNews Take: The “tariff fear” scam to separate easily duped Main Street investors from their AAPL shares, driving down the price to be scooped up by more savvy investors, continues apace.
Did you get in under $170 earlier this month?
Analysts polled by FactSet expect Apple to report $1.62 in earnings per share on $94.19 billion in sales, an increase of nearly 4% year over year.
Don’t sell. Accumulate on the dips. Profit from the ginned-up panic.
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