Apple Appears to Have Handle on Tariffs, Wedbush Says -- Market Talk

Dow Jones

May 02, 2025

1020 ET - Apple remains a top pick for Wedbush in the tech sector despite the current tariff Rubik's Cube clouding the near-term outlook, analysts say in a research note. The iPhone maker delivered "solid" F2Q results with results from China coming in ahead of expectations, according to Wedbush. Tariffs pose the biggest challenge, but Apple is leaning on production in India to evade the tariffs on China to a degree. The company says tariffs will cause a $900 million incremental expense in the June quarter, but the analysts say this could clearly rise or fall depending on negotiations. "The conference call gave confidence that Cupertino has its arms around the current tariff situation and this felt like a more confident Cook than the Street was fearing," say the analysts. Apple is off 4%. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

May 02, 2025 10:20 ET (14:20 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2532847206"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2532847206\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2532847206?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-02 22:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2532847206","market":"nz","top_or_hot":-1,"title":"Apple Appears to Have Handle on Tariffs, Wedbush Says -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1020 ET - Apple remains a top pick for Wedbush in the tech sector despite the current tariff Rubik's Cube clouding the near-term outlook, analysts say in a research note. The iPhone maker delivered \"solid\" F2Q results with results from China coming in ahead of expectations, according to Wedbush. Tariffs pose the biggest challenge, but Apple is leaning on production in India to evade the tariffs on China to a degree. The company says tariffs will cause a $900 million incremental expense in the June quarter, but the analysts say this could clearly rise or fall depending on negotiations. \"The conference call gave confidence that Cupertino has its arms around the current tariff situation and this felt like a more confident Cook than the Street was fearing,\" say the analysts. Apple is off 4%. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 02, 2025 10:20 ET (14:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Appears to Have Handle on Tariffs, Wedbush Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Appears to Have Handle on Tariffs, Wedbush Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-02 22:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1020 ET - Apple remains a top pick for Wedbush in the tech sector despite the current tariff Rubik's Cube clouding the near-term outlook, analysts say in a research note. The iPhone maker delivered \"solid\" F2Q results with results from China coming in ahead of expectations, according to Wedbush. Tariffs pose the biggest challenge, but Apple is leaning on production in India to evade the tariffs on China to a degree. The company says tariffs will cause a $900 million incremental expense in the June quarter, but the analysts say this could clearly rise or fall depending on negotiations. \"The conference call gave confidence that Cupertino has its arms around the current tariff situation and this felt like a more confident Cook than the Street was fearing,\" say the analysts. Apple is off 4%. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 02, 2025 10:20 ET (14:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4527","symbol_name":"明星科技股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2532847206","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532847206","pubTimestamp":1746195600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1020 ET - Apple remains a top pick for Wedbush in the tech sector despite the current tariff Rubik's Cube clouding the near-term outlook, analysts say in a research note. The iPhone maker delivered \"solid\" F2Q results with results from China coming in ahead of expectations, according to Wedbush. Tariffs pose the biggest challenge, but Apple is leaning on production in India to evade the tariffs on China to a degree. The company says tariffs will cause a $900 million incremental expense in the June quarter, but the analysts say this could clearly rise or fall depending on negotiations. \"The conference call gave confidence that Cupertino has its arms around the current tariff situation and this felt like a more confident Cook than the Street was fearing,\" say the analysts. Apple is off 4%. 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The iPhone maker delivered \"solid\" F2Q results with results from China coming in ahead of expectations, according to Wedbush. Tariffs pose the biggest challenge, but Apple is leaning on production in India to evade the tariffs on China to a degree. The company says tariffs will cause a $900 million incremental expense in the June quarter, but the analysts say this could clearly rise or fall depending on negotiations. \"The conference call gave confidence that Cupertino has its arms around the current tariff situation and this felt like a more confident Cook than the Street was fearing,\" say the analysts. Apple is off 4%. (denny.jacob@wsj.com; @pennedbyden) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 02, 2025 10:20 ET (14:20 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}