President Trump's Tariffs Could Cost Apple Nearly $1 Billion. Is It Time to Sell the Stock?
President Donald Trump's tariff plans will hurt some companies while helping others. Apple (NASDAQ: AAPL) is one that is getting hurt, as the tariffs are expected to cost Apple $900 million during its next quarter. Losing that much money is a big deal for some companies, while others can handle a hit like that.Apple is among the ones that can easily take that blow, but is the stock still worth owning right now with tariff uncertainties?Image source: Getty Images.Continue reading
President Donald Trump's tariff plans will hurt some companies while helping others. Apple (NASDAQ: AAPL) is one that is getting hurt, as the tariffs are expected to cost Apple $900 million during its next quarter. Losing that much money is a big deal for some companies, while others can handle a hit like that.
Apple is among the ones that can easily take that blow, but is the stock still worth owning right now with tariff uncertainties?
Image source: Getty Images.
