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Additionally, duties on imports from non-Chinese countries were trimmed to 10%, while tariffs as high as 145% remain on goods sourced directly from China. The policy shift provides temporary breathing room for Apple, but the administration has warned the exemptions may not last, leaving markets wary.<\/p>\n
Despite Monday\u2019s gains, Apple is still down roughly 9% in April after an 8% drop in March. The stock\u2019s Q1 performance marked its worst quarterly return in nearly two years.<\/p>\n
Commerce Secretary Howard Lutnick\u2019s comments about upcoming tech-specific tariffs have kept investors cautious, while President Trump\u2019s ambiguous remarks reinforced the perception that the current reprieve could be fleeting.<\/p>\n
Analysts are split. Needham\u2019s Laura Martin noted the logistical hurdles and cost implications of moving production out of Asia, suggesting any shift would take years and drive up product prices.<\/p>\n
Melius Research\u2019s Ben Reitzes sees margin relief but warned that Apple is not \u201cout of the woods\u201d just yet.<\/p>\n
Citi maintained a \u201cbuy\u201d rating but cut its price target from $275 to $245, citing broader macro pressures and trimming iPhone shipment estimates by 1%.<\/p>\n<\/div>\n
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[ad_1] Additionally, duties on imports from non-Chinese countries were trimmed to 10%, while tariffs as high as 145% remain on goods sourced directly from China. The policy shift provides temporary breathing room for Apple, but the administration has warned the exemptions may not last, leaving markets wary. What\u2019s Behind the Limited Market Reaction? Despite Monday\u2019s gains, Apple is still down roughly 9% in April after an 8% drop in March. The stock\u2019s Q1 performance marked its worst quarterly return in nearly two years. Commerce Secretary Howard Lutnick\u2019s comments about upcoming tech-specific tariffs have kept investors cautious, while President Trump\u2019s ambiguous remarks reinforced the perception that the current reprieve could be fleeting. What Are Analysts Saying? Analysts are split. Needham\u2019s Laura Martin noted the logistical hurdles and cost implications of moving production out of Asia, suggesting any shift would take years and drive up product prices. Melius Research\u2019s Ben Reitzes sees margin relief but warned that Apple is not \u201cout of the woods\u201d just yet. Citi maintained a \u201cbuy\u201d rating but cut its price target from $275 to $245, citing broader macro pressures and trimming iPhone shipment estimates by 1%. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":43095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-43094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t