Apple less vulnerable to President Trump’s tariffs than ‘many might believe’ – Bernstein

Apple CEO Tim Cook and U.S. President Donald Trump at tech summit in June 2017
Apple is less vulnerable to increased trade tariffs from President Donald Trump, Bernstein analysts said Wednesday. Bernstein estimated that even if U.S. IT hardware companies increased prices by 20% due to higher tariffs, net profits stood to be materially impacted, especially for companies with lower gross margins.
Investing.com:‎Dell Technologies Inc. and HP Inc. appeared the most vulnerable, while IBM was like