Apple Investors Should Buckle Up for a Bumpy Ride [The Motley Fool]
Apple Inc. (AAPL)
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Source: The Motley Fool
Apple Investors Should Buckle Up for a Bumpy Ride It's a stressful time to be an Apple ( NASDAQ:AAPL After recovering most of its losses from late last year and briefly retaking its $ trillion market cap The news briefly helped push Apple stock into bear market territory. Just in May, the stock is down about .%. As of Tuesday's close, it was down 0.% from an all-time high of $.7 set intraday back in early October. Let's look at how these factors are affecting Apple and what it means to investors. The trade war between the U.S. and China is taking a toll on Apple stock. Image source: Getty Images. The trade war takes its toll There's little doubt investors have grave concerns about what effect the increased tariffs will have on Apple. HSBC analyst Erwan Rambourg recently cut Apple's price target Then there is the recent report from Morgan Stanley that estimates the recently imposed % tariff could add as much as $0 to the cost of the iPhone XS. iPhones are assembled entirely in China. W
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AAPL
Earnings
- 2/1/24 - Beat
AAPL
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- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website