Apple (AAPL) Stock in Tariff Trouble? Here's What Bank of America Says
Entering any year for more than a decade, Apple (AAPL) was always set to be a company that dominated Wall Street. Currently the leading company by market cap, the iPhone developer has had a tough 2025 thus far. But will it get even tougher? With Apple’s stock facing incoming 10% tariffs, Bank of America speaks on the potential impact. Outside of the ongoing trade tensions taking place with the US, the tech company hasn’t had a thriving first month of the year. In January, its iPhone was dethroned in China, losing significant market share. Moreover, the product was facing an Indonesian ban that concerned many investors. So, are the Donald Trump-imposed tariffs yet to be another dose of bad news? Source: entrepreneur.com Also Read: Apple (AAPL) Partners With T-Mobile, SpaceX as Stock Jumps 3% Apple Stock Affected by Incoming Trump Tariffs? Here’s What Bank of America Says Entering the year, there were many who expected Apple to potentially be the first company to reach a...