Technology
Gene Munster: Why Apple will be spared China tariffs
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“Trump sees Apple as a symbol of American strength.”
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From a note to Loup Ventures subscribers Friday:
It is widely expected that the upcoming $325B in tariffs on goods imported from China will impact Apple products. We have a different view. We believe that little is known about the specifics and that ultimately Apple products will be spared from any tariff increases. Some additional thoughts:
The reason we believe Apple will be spared is based on our belief that Trump sees Apple as a symbol of American strength and, separately, he has a favorable relationship with Tim Cook that he is interested in maintaining.
My take: Not the first time Munster has made this prediction. Not wrong yet.
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