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After $450 billion hit on tariff panic, time to buy Apple stock?

  • Apple has lost $450 billion in market capitalization since President Trump announced reciprocal tariffs on Wednesday.
  • China retaliated with a 34% tariff on U.S. goods, raising concerns about further tariffs from Trump in response.
  • Analysts estimate that Apple could face a $40 billion tariff cost, resulting in a 32% hit to operating profit and EPS.
  • Amidst the tariff panic, some see this as an opportunity to buy Apple stock at a lower price.

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