Apple’s stock price has declined 21.3% year to date, trailing the Zacks Computer & Technology sector’s decline of 17.1%. The stock faced pressure from extended Apple Intelligence delays and U.S. President Donald Trump’s announcement of tariffs on trade partners, including China, Mexico, and Canada. Following the April 2, 2025, Liberation Day announcement, Apple shares dropped 11.2% through April 9, when a 90-day tariff pause was introduced. Since the pause, Apple shares have rebounded, gaining 3.4% to date.
Aniruddha Ganguly for Insider Monkey:
China is an important market for Apple as the iPhone maker’s manufacturing is primarily concentrated in the country. Higher tariffs negatively impact Apple’s China supply chain.
Apple has also been suffering from sluggish demand for the iPhone in China amid increasing competition from the likes of Huawei and Xiaomi, as well as the lack of Apple Intelligence. Greater China sales decreased 11.1% year over year in the first quarter of fiscal 2025.
The Zacks Consensus Estimate for Apple’s fiscal 2025 earnings has declined 1.1% to $7.18 per share over the past 30 days, indicating 6.37% growth from the figure reported in fiscal 2024…
Although the Services business has emerged as AAPL’s new cash cow, we believe Apple Intelligence’s underwhelming performance is a headwind for its product business (iPhone, iPad and Mac). Hence, we believe that Apple’s near-term growth prospects do not justify a premium valuation.
AAPL currently has a Zacks Rank #3 (Hold).
MacDailyNews Note: In a potential next big catalyst for the stock, Apple will release second fiscal quarter results and business updates on Thursday, May 1, 2025 after market close or right around 1:30pm PDT / 4:30pm EDT which we’ll have for you on our home page as soon as they are available.
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Definitely a HOLD. I’m a 20+ year Apple shareholder. I have seen dips before and Apple has always recovered. Apple will likely recover yet again. I’ll probably pick up a few more shares next month if the share price stays at this level.
Apple’s heavy dependency upon China is a tough break, but that’s life. Things change over time and Apple will need to adjust. Tim Cook is smart, and I’m sure he’ll find a decent alternative. I’m not overly concerned. If Apple can remain a three-trillion dollar company, that’s good enough for me.
13 years into investing with Apple 🍎.👍😃
14 here 🍏📱💰😄
I bought Apple right before Apple released their first iPod. ( that’s iPOD, not iPhone – lol )
Still have not sold one share as of yet! 🙂
the elephant in the room is that a psychopathic dictator is dismantling American democracy and blowing up the economy.
(and no one really knows why…)
It’s happened before in other countries that have lost their democracies, Hungary, Venezuela, etc. but it’s never happened before in the United States.
So where Apple lands is really a function of where the country lands after the mad king continues blowing up the economy, democracy, rule of law, the university system, etc.
Forget the rules of law, Trump is flouting the basic rules of economics.
But he’s finding out that the stock market, investors, inflation, and common sense won’t bend to his narrative that “tariff is the most beautiful word in the dictionary.”
Tariffs are a tax plain and simple. It’s why revolutionaries threw tea into the Boston harbor.
If such an obvious argument, please explain why all the countries Trump is addressing have for yrs held and are slow to remove their tariffs?
Countries hold tariffs and are slow to remove them because they are a great way to offer pork barrel prizes and subsidies to your political cronies and supporters and allow politicians to claim they are “looking out for the working class.” But…
Tariffs stifle competition.
Tariffs are a tax on consumers
Tariffs artificially prop up/subsidize businesses.
Tariffs limit consumer choice.
I have no problem with Trump going after absurd tariffs, but he seems to have taken the most destructive path possible, while not really clarifying their actual goals. The “formula” Trump is using to set tariffs is randomly absurd based on trade deficit ratios.
Eliminating a trade deficit with a country is not necessarily a great goal to have. The USA buys diamonds from a tiny country (Lesotho) which is too poor to buy anything from the US, so we have a “trade deficit” with them. The idea that their imports to the USA should be taxed because of said “deficit” is absurd.
Several countries immediately offered to eliminate tariffs with the USA, to which Trump’s mouthpiece, Peter Navarro responded, “that means nothing to us.”
Most of the United States’ industry’s supply chain is entirely dependent on low or no tariffs. Trump’s impulsive approach could have severe repercussions for the economy for years and years.
“dismantling American democracy, rule of law, U system….”
All the drama. You have no idea what you are saying.
Aaargh—I put in a Limit order to buy @ 168 when the price was bobbling around 169.xx. It didn’t hit…..that would have been a sweet catch. Always looks so stupid in hindsight to think a dollar made al the difference.
If you’re under 55 years old, definitely a time to buy.
If you’re older, hold till the price gets back to normal, then gradually liquidate, depending on the overall size of your retirement holdings.