Jim Cramer has expressed significant concern that deteriorating U.S.-China relations could severely impact Apple's business success, particularly regarding tariffs that could dramatically increase iPhone prices. With China being central to Apple's revenue—contributing $15 billion in the last quarter alone—the escalating trade war adds further risk to their profitability. While Cramer suggests the potential for tariff relief exists, he is also reducing his investments in Apple and Nvidia in response to this precarious situation, reflecting broader anxiety in the tech sector regarding trade policies with China.
Cramer's primary concern is that tariffs from the U.S.-China relationship could raise iPhone prices significantly, impacting sales and profit margins for Apple.
China is crucial for Apple—$15 billion of Apple's total revenue comes from Greater China, highlighting the pressing need for stable relations.
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