Apple Inc.

Apple received a tariff exemption on key product lines, including iPhones and Macs, shielding it from a potential 10% tariff on Chinese imports and boosting investor confidence [2]. This positive news followed market volatility and concerns about declining earnings estimates for fiscal 2025 and 2026, leading to a "Sell" rating from Zacks [4]. Despite the tariff exemption, Apple still faces risks related to its heavy reliance on China for manufacturing [8] and the potential for future tariff adjustments [5]. Bank of America views Apple's stock resilience as a buying opportunity [7]. Prior reporting about the tariff rate being higher than expected, and subsequent market uncertainty, had previously driven the stock price down [9], [10].