The previous week was a rollercoaster for Apple Inc. AAPL The tech huge evaded a bullet with the brand-new mutual tariffs, just to deal with possible supply chain interruptions. Strategies to move iPhone production from China to India emerged, while increasing expenses and AI hold-ups caused a rate target cut. The week ended with the EU slapping Apple with a large fine, setting off a political reaction in Washington. Here’s a wrap-up of the week’s significant occasions.
Apple Dodges Tariffs, However Supply Chain Woes Loom
Apple handled to avoid high tariffs on Chinese-made electronic devices, thanks to an exemption given by previous President Donald Trump Nevertheless, leading expert Ming-Chi Kuo alerts that Apple’s supply chain might still deal with substantial interruptions in the coming months.
Read the full article here.
Apple’s India Shift Amidst Tariff and Geopolitical Pressures
Reports recommend that Apple prepares to import most iPhones offered in the U.S. from India by the end of 2026. This relocation would need Apple to double its yearly iPhone output in India to over 80 million systems.
Read the full article here.
See Likewise: Costs Gates States ‘Thankfully’ His Child Phoebe Gates Never Asked Him To Back Her Company
Bank of America Cuts Apple’s Rate Target Over AI Delays, Increasing Expenses
Bank of America has actually cut its rate target for Apple due to worries of looming tariffs and increasing supply chain expenses, in spite of near-term sales being sustained by early iPhone purchasers.
Read the full article here.
Experts Lower AAPL Stock Rate Target In The Middle Of Anticipated Tariffs, Supply Chain Issues
UBS expert David Vogt has actually reduced the rate target for Apple shares from $236 to $210 in anticipation of extensive tariffs, in spite of a year-over-year increase in iPhone profits for the March quarter.
Read the full article here.
EU’s Hefty Fine on Apple Stimulates Reaction in Washington
The European Union’s enforcement of its Digital Markets Act caused a fine of roughly $540 million on Apple, setting off political reaction in the U.S. and possibly firing up brand-new U.S.-EU trade stress.
Read the full article here.
Read Next:
Picture courtesy: Shutterstock
This story was produced utilizing Benzinga Neuro and modified by Rounak Jain
Market News and Data gave you by Benzinga APIs