Should You Forget Apple and Buy These 2 Tech Stocks Instead?
VeriSign and Palo Alto Networks face fewer headwinds than the iPhone maker.
Apple (NASDAQ: AAPL) is often considered a reliable blue chip tech stock. But since the beginning of 2025, its stock has sunk nearly 30% amid fears of higher tariffs. Apple generates most of its revenue from its iPhones, iPads, and Macs, and most of those hardware products are manufactured in Asia.
The Trump administration's "Liberation Day" tariffs against its production hubs in China, India, and Vietnam will drive up its manufacturing costs. Apple also generated 58% of its sales outside of the Americas in its latest quarter, and the retail prices of its products in those overseas markets could skyrocket as individual countries retaliate with tit-for-tat tariffs.
Image source: Apple.
