Analysts Are Calling for Apple’s 2025 EPS to Fall 28%. Should You Buy, Sell, or Hold AAPL Stock Here?

Last week, tech giant Apple (AAPL) briefly lost its crown as the world’s most valuable public company to Microsoft (MSFT) as investor anxiety mounted over steep tariffs on Chinese imports. The stock has faced intense selling pressure ever since President Donald Trump announced import duties on China, which are now as high as 145%. Apple assembles roughly 90% of its products in China, and while it managed to dodge the tariff bullet during Trump’s first administration, this time it’s not getting a free pass. 

Investors are growing uneasy over Apple’s heavy dependence on China. And while Apple has made efforts to diversify its manufacturing footprint to countries like India, Japan, South Korea, Taiwan, and Vietnam, that global reach is offering little relief as Trump-era tariffs strike across the board. To make matters worse, analysts at Needham are projecting a sharp 28% drop in Apple’s bottom line for fiscal 2025.