Apple (AAPL): iPhone Sales Surge in India, Wall Street Still Worried?

Apple (AAPL) gained marketplace stock successful India’s smartphone conception successful 2024, with the iPhone shaper moving into the apical six, according to information from IDC. The US-based vendor posted 35 percent maturation successful the country, which is present the company’s 4th largest marketplace aft it shipped 12 cardinal units. Its stock roseate from 6.4 percent successful 2023 to 8.2 percent past year.

Following its Q4 2024 net report, Apple banal (AAPL) did not execute well, falling a spot amid unsatisfying results. Outside of the ongoing commercialized tensions taking spot with the US, the tech institution hasn’t had a thriving archetypal period of the twelvemonth either. In January, its iPhone was dethroned successful China, losing important marketplace share. Moreover, the merchandise was facing an Indonesian prohibition that acrophobic galore investors. Fortunately, Apple appeared to prime up the gait successful India to marque up for those failures.

The planetary system contiguous is profoundly interlinked, making a company’s engagement with planetary markets a captious origin successful determining its fiscal occurrence and maturation path. For AAPL, the institution typically performs good globally, which makes its caller failures successful China a spot worrisome. Furthermore, the company’s show successful the autochthonal USA since the commencement of 2025, down 8.7% YTD, has immoderate investors concerned.

Apple Stock: Is Wall Street Still Concerned About AAPL’s Start to 2025?

Furthermore, entering 2025, galore expected Apple to perchance beryllium the archetypal institution to scope a $4 trillion marketplace cap. The thought was reasonable, considering it had been the archetypal to some $2 trillion and $3 trillion. However, the twelvemonth has not been truthful benignant to that pursuit. There are present fears that the banal could look adjacent greater challenges. As the Apple (AAPL) banal prepares for US President Donald Trump’s incoming tariffs, Bank of America speaks connected the imaginable impact. specifically, if Wall Street should beryllium worried.

According to the bank’s analysts, the tariff effect is expected to beryllium “manageable” by Apple. Indeed, they task that “80% of the devices sold successful the US tin beryllium sourced from extracurricular of China.” Subsequently, that volition greatly trim the company’s vulnerability to incoming tariffs.

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Wall Street, however, inactive sees AAPL picking up gains successful gross successful Q1 2025, according to predictions. Wall Street analysts expect Apple to study a full gross of $93.91 cardinal successful the existent fiscal quarter. This suggests an summation of 3.5% from the anterior twelvemonth quarter. For the afloat year, the institution is expected to make $407.16 cardinal successful full revenue, up 4.1% from the erstwhile year.