Apple Stock Can Brush Off Tariff Concerns, Analyst Says Q2 Beat Coming Thanks To iPhone Demand

Quick Summary:

An Apple Inc (NASDAQ:AAPL) analyst says the company will beat second-quarter earnings per share and revenue estimates with iPhone strength overshadowing any potential tariff concerns.

The Analyst Takeaways: Ng highlights his confidence in Apple's iPhone sales and demand ahead of the company's second-quarter financial results on May 1 after market close.

The analyst estimates Apple will report iPhone revenue of $47.8 billion in the second quarter, above a consensus estimate of $45.6 billion and up 4% year-over-year.Ng said ...

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Article Details

Author / Journalist: Chris Katje

Category: Technology

Markets: United StatesChinaIndia

Topics: IPhone 17 Benzinga KeyProj Tech Analyst Color IPhone 16 AAPL US0378331005 Michael NG Goldman Sachs Tariffs Expert Ideas Smartphones Analyst Ratings IPhone Trading Ideas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 18:53:37 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 632 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 28176816

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