Apple (AAPL) Stock Price & Analysis: Stock Drops 7.3% as Trump Tariffs Threaten Earnings
TLDR
- Apple stock fell 7.3% on Friday, down 15.9% since tariff announcement
- Analysts estimate only 20-30% chance Apple receives tariff exemption
- Tariffs could reduce Apple’s earnings per share by 12-28%
- Apple faces multiple challenges with 64% of revenue from outside U.S.
- China remains crucial for Apple’s supply chain despite diversification efforts
Apple stock continued its downward slide on Friday, dropping 7.3% to close at $188.38. This marks the second consecutive day of losses following President Donald Trump’s announcement of new tariffs, with Apple shares now down 15.9% since Wednesday.
The steep decline comes as investors grapple with the potential impact of Trump’s sweeping tariffs on Apple’s business….
