Under a 25% tariff on goods from China, the Wall Street investment bank sees an EPS loss for Apple of 9.2%.
Those estimates make Apple the fifth most vulnerable tech company to potential tariffs on goods from China in Morgan Stanley's research coverage.
Bank of America analyst Wamsi Mohan agrees, seeing any tariff impact as "manageable."
He sees a 60% tariff on Chinese goods possibly resulting in about a 4% hit to Apple's EPS.
By contrast, Dell – which he noted looks positioned to be "most vulnerable" to tariffs – could see an EPS impact of up to about 90%, according to his model.
Persons:
Donald Trump's, Tim Cook's Apple, Morgan Stanley, Erik Woodring, Trump, Tesla, –, Morgan, it's, Angelo Zino, Zino, Wamsi Mohan, Apple, Bernstein, Toni Sacconaghi, Sacconaghi, It's, BofA's Mohan, Mohan, Jason Snipe
Organizations:
Apple, Wall, CNBC, of, Bank of America, Dell, Odyssey Capital, Apple Intelligence
Locations:
China, U.S, India, Vietnam, Malaysia