Apple Stock News

An unidentified options trader's multi-million dollar bet on a short-term rebound in Apple Inc.'s shares was set to reap a sizable profit as the iPhone-maker's shares soared on Monday following the Trump administration's weekend move to grant tariff exclusions for smartphones.

Apple stock rose Monday on news that smartphones, PCs and other electronics received an exemption from U.S. reciprocal tariffs.

Shares of Apple jumped Monday as the Silicon Valley giant benefited from the White House's tariff exemptions on smartphone imports, remarkably almost entirely erasing Apple stock's sharp tariff losses—and the exemption boost is not just good news for Apple shareholders but for prospective iPhone buyers alike, as iPhone prices may not get a major hike as some analysts anticipated.

Apple Inc. has managed to dodge its biggest crisis since the pandemic—for the moment, at least.

President Trump's tariff exemption for smartphones, computers etc. may not stick for others, but in our view will stick for Apple Inc. because Trump can't afford iPhones to be collateral damage in U.S.-China trade war. U.S. tariffs on China, at 145%, disproportionately harm U.S. companies more than China; the bulk of value from a $1,000 iPhone to U.S. semi companies. Keeping tariffs that includ...

The feared $4,500 iPhone price was based on the Apple Inc. (NASDAQ: AAPL) smartphone being built outside China and with parts not made in China.

Apple Inc. hasn't yet gotten the “all clear” signal on tariffs, but Wall Street is celebrating anyway.

Apple and other major US electronics stocks climbed sharply on Monday after the government granted a temporary exemption from new tariffs on Chinese imports. Apple was seen rising 5.86% in premarket trading.