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Wajeeh Khan

Jefferies Warns of ‘More Earnings Downside’ for Apple. How Should You Play AAPL Stock Here?

Apple AAPL Jefferies

Apple (AAP) shares are down nearly 4% on Friday after the iPhone maker reported better-than-expected earnings for its fiscal Q2 but warned of a significant hit from tariffs moving forward. 

The company’s earnings release indicated the escalating U.S.-China trade tensions have already started hurting its business in China. 

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