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Possible AAPL Tariff Exemption, Impact of iPhone Production Shift
Manage episode 480246705 series 3645668
Apple (AAPL) sold off Friday morning following Thursday's earnings. William Kerwin notes a $900 million tariff hit for third quarter but says it's a "drop in the bucket" for Apple. He says iPhone revenue continues to be the most important driver for the Big Tech giant moving forward, which can see volatility as production moves out of China. On the upside, William sees potential for Apple to get tariff exemptions.
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4323 episodes
Manage episode 480246705 series 3645668
Apple (AAPL) sold off Friday morning following Thursday's earnings. William Kerwin notes a $900 million tariff hit for third quarter but says it's a "drop in the bucket" for Apple. He says iPhone revenue continues to be the most important driver for the Big Tech giant moving forward, which can see volatility as production moves out of China. On the upside, William sees potential for Apple to get tariff exemptions.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
4323 episodes
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