Apple shares to tumble nearly 30% as earnings take tariff hit, Moffett Nathanson predicts

TL;DR


Summary:
- Apple, a major tech company, may face a 30% drop in its stock price due to the impact of tariffs on its earnings.
- Tariffs are taxes imposed on imported goods, which can increase the cost of products for consumers and reduce a company's profits.
- This potential drop in Apple's stock price could be a significant challenge for the company and the technology industry as a whole.

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