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Apple Shares Dip 21% Year to Date: Buy, Sell or Hold the Stock? [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
President Donald Trump's decision to levy tariffs on trade partners, including China, Mexico and Canada. Post the April 2 Liberation Day announcement, Apple shares had fallen 11.2% till April 9 when the 90-day pause was announced. Since then, Apple shares have recovered 3.4% to date. 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. The Trump administration's decision to exempt electronic devices like smartphones and computers from reciprocal tariffs provided some relief to Apple. 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. Image Source: Zacks Investment Research Although Apple's business primarily revolves around its flagship i
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