“GBH Insights analyst Daniel Ives wrote Wednesday that he sees tariff action having ‘minimal impact’ on Apple Inc. and the FANG stocks,” Emily Bary reports for MarketWatch.
“He thinks Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc. are fairly insulated from tariff and trade-war concerns due to their international revenue streams and service-driven nature,” Bary reports.
“For Apple, Ives believes a likely scenario might be input cost increases of between $20 million to $30 million, due to the use of steel and aluminum in certain products,” Bary reports. “Even his ‘worst case’ scenario of a $50 million increase in input costs would only amount to “a rounding error,” Ives wrote.”
Read more in the full article here.
MacDailyNews Take: In this quarter, Apple has guided for a revenue average of roughly $28 million per hour.
SEE ALSO:
Apple and other tech firms caught in crossfire as U.S.-China trade war looms – March 7, 2018
Apple Macs caught up in President Trump’s aluminum tariff plan – March 2, 2018
In other news, Trumps mother had a rounding error. She meant to swallow.
Your mother enjoyed her night of sex with Pee Wee Herman.
She sure did, don’t know about Pee Wee though, mom’s got one heck of a strapon.
I’m glad we are not in the same room. Disrespecting a mother is a NEW disputable LOW for you POS …
Auto correct missed: Disrespectful is the word …
that regularly rides his high horse when he talks about American’s sins and then shows crass & juvenile sludge and thinks it’s humorous.
Why thank you GoeB, it is a very old joke/saying but always a classic. I’d also like to thank you for giving me a wide berth recently.
While it might be a new disrespectful low for me, I think it’s far from the depths of that Parkland topic a while back (Apple CEO Cook prays for victims, families, and loved ones of mass murder in Parkland, Florida).
At that topic it was brought forward that Tim Cook, Donald Trump, Melania Trump and MDN offered what I consider to be their respects for the victims of the massacre. I did the same. There were well over 150 posts for that topic, and in my opinion there were no other posts there that were simply an offering of respect to the victims. It became a group debacle, though you did make a comment about the grief that was being experienced. It’s one of the reasons I am putting some effort into my response.
The vitriol experienced there felt to me like pissing all over the corpse of the victims while the bodies were still warm and the graves unburied. I have absolutely no respect for that, none whatsoever. I think it’s shameful that the MDN community responded that way and you certainly made a contribution to that. In my opinion, a piece of shit doesn’t even compare to the putrification that happened under that topic. We, as a community should do better.
To add that ironic touch a short while later there was a topic about the 63rd anniversary of the birth of Steve Jobs. I paid my respect and so did you. We can do better.
So the next time condolences are forthcoming I’ll do what I normally do, pay my respects, no matter who it is.
Fair enough, we still have a dialogue and can agree to disagree at times …
Gee GoeB, what a disappointment you are missing such an opportunity to add to your list of insults towards me, to mock the reference I used, to ridicule my ideas and especially to promote how your posts from the Parkland topic demonstrate the greatness of your self proclaimed great nation. What an abject failure to take responsibility for your actions.
I realize it’s futile but I’ll ask you again, leave me alone. Don’t post to me. I don’t want to dialogue with you. I have absolutely no respect for you whatsoever.
“I realize it’s futile but I’ll ask you again, leave me alone. Don’t post to me. I don’t want to dialogue with you. I have absolutely no respect for you whatsoever.”
You never asked me before you LYING sack of 💩! Olive branch rescinded. You’re like a pet snake, you feed it and keep it warm and on the first opportunity turns tail and bites you. Well, I have zero respect for you as well, so we’re even there. Tell your deadbeat nation to pay it’s fair share …
I’ll ask you again, as I have before, stop posting to me.
Friday, February 2, 2018 – 5:06 pm ·”You may wish to consider ceasing your attempts at harassing me,”
Friday, February 2, 2018 – 5:45 pm · “Now do you have what it takes to leave me alone? Are you ready to let it go? If so, stop posting to me.”
Harassment works BOTH WAYS you sanctimonious elitist Libtard. Be careful of what you post in the future regarding mothers and the the most generous nation on planet Earth …
More avoidance, more failure to take responsibilities for your actions. You call me a liar and when I point out that I am not lying, provide proof of this fact, you don’t even acknowledge that I’ve made previous requests, rather you go along on your vitriolic and tangental diatribe.
The joke by the way from my experience isn’t used as a derogatory comment to mothers, rather to the resulting offspring. From the urban dictionary (Feel free to trash the reference.):
“It is self explanatory, A person who is a waste of life, the value of sperm is indeed wasted daily by hundreds of millions maybe even billions of people a day. It was better off that person in question with unmoral characteristics was not born at all, but rather swallowed by his/her mother.”
Stop posting to me.
Stop posting to me you self-righteous liberal …
I forgot to add, it is laughable after all your tough talk you are now playing a VICTIM SNOWFLAKE! 😆
REMINDER: Mind what you say about mother’s and the USA … 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
I have. I have, since my initial request, never initiated a reply to any of your top level posts nor to any posts that you have made that were not directed at me. In other words, the only time I post to you is as a reply to your post to me. I do not initiate any posts to you.
Find proof before you call me a liar on that one.
At any rate, I hope we can agree on this, because as I have said before (better quote myself before you call me a liar) “I don’t want to dialogue with you.”
That would be really nice, once we finish this thread to leave each other alone.
Your tedious obsessive posts is bordering on mental illness …
They wouldn’t be if you could take some responsibility and say yes you won’t post to me anymore or no you will continue to post to me.
I guess you just don’t have what it takes.
Do you really believe that somehow, someway I have to live up to your standards or please you? You spoiled elitist self righteous liberal.
Stop posting to me … 🖕
I’ll take that as a no then.
Don’t post to me again …
On the other hand, if other countries decide to retaliate on trade tariffs, what company would make a better target than Apple?
It’s possible China might impose tariff on assembled product, Qualcomm does it
That’s the obvious fallacy in this whole discussion. This analyst, like the President, expects the adults in the room to submit to bullying rather than accepting the American invitation to an international game of chicken. Given the rising tide of nationalism in the world, I’m not sure that is politically possible for them. If they are punched, they may have no real alternative to hitting back.
And despicable and vindictive Hillary is feeding right into the growth of nationalism by lashing out with her risky red-baiting. Maybe her saving grace is that she uses an iPhone bit I don’t know.
As I understand it, our actions are retaliation. If there is no tariff imposed against the U.S., the U.S. will impose no tariff against trading partners.
As announced by Trump, these tariffs would be levied against every country selling steel into the US. Are you saying that every one of those has tariffs against the US?
The biggest suppliers of steel into the US are Canada and Mexico, who definitely do NOT have tariffs. Next comes china, and the only complaint I’ve heard on china from the president of the steel workers union (the biggest supporter of these tariffs) is that they are overproducing and selling for too low a price.
That may be the impression that the protectionists are giving, but it isn’t correct. The reason that we are importing more steel than we are exporting (and have been since 1959) is that American steel is more expensive than the imported product. The purpose of the tariff is to equalize the price so that American steel will be competitive. Overseas steel is already cheaper in its country of origin than American steel, so they have no reason to impose a tariff.
In most cases, the reason that the imported steel is cheaper is simply the operation of the free market. The overseas plants are newer, and therefore more efficient, they have lower labor and other overhead costs, and they spend less money on mitigating pollution. American steel plants do not have those “advantages,” and never will.
Propping them up with tariffs is as silly as propping up the buggy-whip industry would have been. The capital and labor would both be better off moving to an industry that does not require government subsidies in order to compete.
There may be other factors that render competition unfair, such as government subsidies to the local steel industry (that is probably the case with China). There may also be tariffs or import duties on other goods to provide a rationale for a retaliatory American tariff on steel. However, that isn’t simply placing the same tariffs on imported goods that they put on our exported goods.
IMPEACH!!! LOCK HIM UP!!! Lock them all up! Incompetence, treason, malignant narcissism is a horrid combination. The worst is yet to come.. Although, hopefully, the Darkest hour is right before the Dawn. He doesn’t know WTF he’s doing and he surely doesn’t care.
Naw, he’s such a good representative of what Apple’s home nation has become that he’ll be easily reelected. After all starting a war is one of the best ways to ensure reelection. A shrewd mood considering that East Korea is threatening peace, the greatest threat to Apple’s home nation.
/shjtt (satire humor joke tall tale tag).
eat another Tide pod….they’re good for you!
Are you an actor?
After you check economic numbers that are off the charts, get back to us …
The numbers I read are very much within the charts. Economic momentum is in line with the last 9 years. Post proof otherwise or admit your partisan bias.
* 313,000 jobs added in February, 200,00 projected. (Nobody in the media saw blowout numbers like this coming.)
* Unemployment rate at 4.1 percent, the lowest since December 2000.
* Employed Americans has broken eight RECORDS since President Donald Trump took office: 155,215,000 Americans were employed in February.
* 31,000 manufacturing jobs added in February and sector employment increased by 263,000 since December 2016.
* 6.9 percent black unemployment rate in February hits historic low.
* Stock market soaring since Trump took office.
* Consumer confidence off the charts.
Records achieved have NOTHING to do with the last nine years. Records have everything to do with the last year. Denial is not a river in Egypt …
A rounding error, sort of like that $130,000 illegal payment to Stormy Daniels.
A rounding error, sort of like that $1.3 billion in cash that The Muslim Stench gave Iran?
voted for yourself again I see
All you know is, you don’t know.
Please pay attention: the votes on this site are not an exact science and can be FAKE (manipulated) at times. The fact you care about them in the first place, rather than what is being discussed, is not good …
Is this why Ives calls it aluminium? To claim it doesn’t apply?
Apple not affected because they outsource production to Chinese suppliers that use Chinese aluminium. Trump simply removed one more reason for manufacturers to leave the U.S. Trump wants America to be an economy based on raw resource extraction using 19th century tech.
First of all, nothing affects the FANG stocks. Those companies are coated with Teflon. They’ll perform better than Apple if the entire world economy collapses. As far as Apple is concerned, even a rounding error is going to bring moans and groans from those gutless Apple shareholders and overly concerned analysts. If they lose $0.02 on every iPhone they’re going to be screaming about major profit losses.
One would think Boeing would be definitely feeling the pain when it comes to aluminum tariffs, but so far Boeing is flying higher than the ISS and it doesn’t seem like some tiny tariff is going to bring it down. Boeing is making Apple look like crap when it comes to outright share gains. Maybe Apple should to get into the aircraft construction business if it’s that lucrative.