Apple Inc. shares rose to $265.99 (+0.53%), outperforming the broader market despite a new 15% Section 122 tariff on imported components that poses a potential $3.3B annual cost risk.
- Analysts remain divided on the impact of trade policy, with Wedbush maintaining an Outperform rating and a $350 price target, while Morgan Stanley remains Neutral.
- The company’s strong fiscal 2025 revenue of $416.2B and anticipated AI-driven growth for the iPhone 17 provide a buffer against current trade policy volatility.