Apple: Growth in a Difficult Environment
Here's our initial take on Apple's (NASDAQ: AAPL) financial report.Investor focus coming into this quarter centered on how Apple is navigating ongoing trade wars. The answer was a mixed message.First, the good news: Apple said a majority of its devices shipped into the U.S. in the June quarter will originate from India and Vietnam, alleviating concerns about how China-focused tariffs would eat into profits in 2025. But Apple also said that China revenue fell by more than 2% to $16 billion in its fiscal second quarter, falling slightly below analyst expectations.Continue reading
Here's our initial take on Apple's (NASDAQ: AAPL) financial report.
Investor focus coming into this quarter centered on how Apple is navigating ongoing trade wars. The answer was a mixed message.
First, the good news: Apple said a majority of its devices shipped into the U.S. in the June quarter will originate from India and Vietnam, alleviating concerns about how China-focused tariffs would eat into profits in 2025. But Apple also said that China revenue fell by more than 2% to $16 billion in its fiscal second quarter, falling slightly below analyst expectations.
