Apple: Growth in a Difficult Environment
Here's our initial take on '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.
Source Fool.com
Apple Inc. Stock
€214.35
-0.230%
Currently there is a rather positive sentiment for Apple Inc. with 104 Buy predictions and 13 Sell predictions.
With a target price of 230 € there is a slightly positive potential of 7.3% for Apple Inc. compared to the current price of 214.35 €.
