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Regardless of tariffs, Wall Road bullish on Apple


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Apple financial results expectations: Bullish
It appears a bit stunning, however analysts suppose Apple is about to ship some optimistic monetary information.
AI picture: Google Gemini/Cult of Mac

When Apple reveals the monetary particulars of the spring 2025 quarter, Wall Road analysts anticipate stable, if not spectacular, progress from the Mac maker.

It’s not what some analysts feared would occur earlier this yr, particularly after a warning from Apple CEO Tim Cook dinner within the spring that tariffs imposed by President Donald Trump on iPhones and Macs produced in Asia after which imported into the US would price the corporate a few billion {dollars} in the course of the April-through-June quarter.

Tariffs? What tariffs?

Averaging analysts’ predictions for Apple’s spring 2025 quarter leads to a prediction of $89.2 billion in income, in accordance with information from Yahoo Finance. That’s a rise of 4% over the $85.8 billion in income throughout the identical quarter of 2024. And the typical prediction is for $1.43 in earnings per share versus $1.40 from a yr in the past.

That’s fairly a typical income progress price for Apple. In every of the earlier 4 quarters, its income has elevated by roughly the identical proportion time after time — between 4% and 6%.

However the June quarter was not a traditional one. Not with President Trump imposing tariffs on Apple merchandise assembled in China, India and elsewhere after which dropped at the U.S. The import tax is 20% on units coming from China, and 10% on ones made in India.

However maybe it gained’t be too stunning if it actually seems that the tariffs had a minimal impact on Apple’s spring quarter 2025 monetary outcomes. The corporate rushed giant numbers of iPhones into the U.S. earlier than the brand new tariffs had been imposed by Trump. And nearly each iPhone destined for the U.S. is now assembled in India.

Looking forward to September quarter 2025

Apple declares its June quarter 2025 monetary outcomes on Tuesday proper after Wall Road closes — that’s 1:30 Pacific. Shortly afterward, CEO Tim Cook dinner will maintain the normal name with analysts to speak over the outcomes.

Analysts will likely be listening carefully to listen to what Cook dinner and Kevan Parekh, the brand new chief monetary officer, must say in regards to the September quarter. They’ll particularly wish to understand how Trump tariffs will affect its outcomes. The solutions might have a dramatic impact on Apple share value on Friday.