Apple May Face Limited Tariff Impact, Trump Administration Could Ease DOJ Pressure: BofA

Quick Summary:

The rerating reflects a strong iPhone upgrade cycle in fiscals 2025, 2026 driven by the need for the latest hardware to enable Gen AI features, higher growth in Services revenue, and higher margins from more internally developed silicon.Over the weekend, the U.S.imposed a 10% tariff on China imports.

Also Read: Booz Allen Q3 Earnings: Revenue And EPS Beat, Dividend Hike, Raises FY25 Outlook as Backlog Hits $39.4 Billion

In the last tariff cycle, Apple got an exception for the iPhone.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United StatesChinaIndiaMalaysiaVietnam

Topics: Tech Benzinga Analyst Color News Expert Ideas Trading Ideas Stories That Matter Large Cap US0378331005 Top Stories Briefs Analyst Ratings Reiteration Price Target AAPL

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 17:30:17 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 356 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25815425

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