Gene Munster: It’s unlikely Apple wearables will be tariffed without an offset

Gene Munster for Loup Ventures:On September 1st U.S. collections of a 15% tariff will begin on $125 billion of targeted goods (smartwatches, bluetooth headphones, flat-panel televisions, and many types of footwear) from China. While Apple’s wearables segment is within the targeted tranche, we believe there’s a low probability that tariffs are levied against Apple wearables starting September 1st and an even lower probability of that without an offset…
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