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0.000473727482485242 -0.000601703805789968 -4.73189766841545E-05 0.000610307256096303 -0.00178467822289276 0.00609285596372347 0.00886209153103237 0.00651334959743915
Stock impact report

Quantifying just how much the trade war could hurt Apple [CNBC]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: CNBC
Quantifying just how much the trade war could hurt Apple The recent uptick in trade hostilities between Washington and Beijing could threaten Apple's And for every 5% drop in Greater sales, Apple's earnings per share should fall about 15 cents, according to analyst Matthew Cabral. "While Apple's products largely fall outside the scope of current US tariffs on Chinese goods, we're more concerned with potential 'second derivative' impacts on local demand and implications of a further escalation from here," Cabral wrote in a note to the brokerage's clientele. "We are not adjusting our estimates at this time, but see downside risk from a prolonged escalation in trade tensions." Apple produces popular products like the iPhone and iPad through Taiwanese manufacturer Foxconn in , where it's also been trying to market its latest luxury mobile offerings. But the Chinese market, though a key growth area for the Cupertino, California-based Apple, has proven less than reliable amid renewed trade Show less Read more
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