Apple Inc. (AAPL) has recently experienced significant stock price fluctuations influenced by geopolitical developments.

On April 9, 2025, AAPL closed at $198.85, marking a 15.33% increase from the previous close. This surge followed President Trump’s announcement of a 90-day pause on most newly imposed tariffs, although tariffs on Chinese goods were increased to 125%. 

Despite this rebound, Apple’s stock had previously declined over 20% due to concerns about U.S.-China trade tensions, particularly given that approximately 90% of Apple’s products are assembled in China. 

Analysts have mixed views on Apple’s outlook. Jefferies upgraded the stock from “Underperform” to “Hold” but expressed concerns about potential global recession impacts and weaker iPhone demand. They revised iPhone shipment forecasts downward and reduced the price target to $167.88. 

Conversely, Bank of America maintained a “buy” rating with a $250 price target, citing Apple’s strong cash flow, earnings resilience, and potential gains from AI innovation. 

Given the current volatility and ongoing trade tensions, investors should exercise caution and stay informed about further developments that could impact Apple’s supply chain and financial performance.

Why aapl up today 

Apple Inc. (AAPL) experienced a significant surge in its stock price today, closing at $198.85, up 15.33% from the previous close. This increase is primarily attributed to President Donald Trump’s announcement of a 90-day pause on most newly imposed tariffs, reducing universal tariffs to 10% during this period. However, it’s important to note that tariffs on Chinese imports were increased to 125%, which could impact Apple’s supply chain, given that a significant portion of its products are assembled in China. 

Despite the broader market’s positive reaction to the tariff pause, analysts express concerns about Apple’s future performance due to the increased tariffs on Chinese goods. For instance, Jefferies downgraded Apple’s stock from “Buy” to “Hold,” citing potential global recession impacts and weaker iPhone demand. They revised iPhone shipment forecasts downward and reduced the price target to $167.88. 

Investors should remain cautious and monitor ongoing trade developments, as the increased tariffs on Chinese imports may have long-term implications for Apple’s production costs and pricing strategies.