Apple May Hike iPhone Price, But 'Well Positioned' To Eat Tariff Bite, Says Analyst
A fresh wave of tariff threats is hanging over Apple Inc AAPL, but JPMorgan's Samik Chatterjee isn't downgrading Apple stock. In fact, he's sticking to an Overweight rating, calling the company "well positioned" to weather the cost shock.With the Donald Trump administration reportedly mulling a 25% tariff on iPhones made abroad, Chatterjee admits that "tariffs would increase likelihood of iPhone price increase." But he doesn't see this as a major threat to Apple's fundamentals.Read Also: iTariff Threat: Tru ...