Apple Is Caught in the Middle of the Trade War With China

Barron's on MarketWatch: Apple in trade war's crosshairs

President Donald Trump’s increased tariffs on $200 billion worth of Chinese goods would deeply impact Apple , jacking up iPhone prices that would threaten to dampen demand and cut into the tech giant’s fiscal 2020 earnings per share.

That’s the warning in a Thursday note from Morgan Stanley analyst Katy Huberty, who has done the math and concluded that tariffs would raise the cost of an iPhone XS by some $160, significantly raise Apple’s cost of goods sold, and ultimately slice 24% off its fiscal 2020 EPS forecast... Subscribe or Sign In to continue reading.

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