Apple Chief Executive Tim Cook can't seem to catch a break.
Jamie Dimon said this week he is expecting a 0% S&P 500 expected EPS growth rate for Q2 '25 by the time reporting starts in July '25. He may not be wrong, but the way the “tariff” discussion has evolved, for the expected +10% S&P 500 EPS growth rate for Q2 '25 to fall all the way to 0% by early July '25 would be pretty extreme indeed. The second quarter has seen more severe revisions than the third quarter, but some of that “severity” is partially due to the Q2 '25 quarter being next to report, and historically, the upcoming quarter sees the harsher revisions.
Apple's chief executive has gone from winning President Trump's praise to drawing his ire, deepening the company's woes in a very bad year.
Apple is shifting production of iPhones it will sell in the U.S. away from China.
Major China-listed Apple suppliers including Luxshare , Goertek and Lens Tech opened sharply lower on Monday after U.S. President Donald Trump threatened tariffs on imported iPhones.
Apple's stock has sold off on tariff fears, but the company still has a healthy business underpinned by a sticky ecosystem and robust array of services offerings.
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Google's announcements at its I/O developer conference this week had analysts bullish on its AI. AI features could be a "Trojan horse" for Google's Android products, Bank of America analysts wrote.
Apple is staring down a major supply chain and pricing dilemma after President Donald Trump on Friday threatened to impose a 25% tariff on all iPhones sold in the United States unless the tech giant begins manufacturing the devices domestically.
Lashing out at Apple's plans to make most of its U.S. iPhones in India, President Donald Trump on Friday threatened to slap a 25% tariff on the popular device unless the tech giant starts building the product in its home country—a move that still seems unlikely to happen any time soon, if ever.
Trump, judges, regulators, lawmakers and even an old Apple all-star threaten the company.
Dan Ives, Wedbush, joins 'Fast Money' to talk President Trump's tariff threat toward Apple.