Analysts at JP Morgan are looking more favorably at Q2 results, predicting that Apple may actually see increased revenue in Q3 thanks to short-term effects of the ongoing U.S.-China tariff battle.
Apple Park – Image Credit: Apple
Apple Park – Image Credit: Apple
Apple will be reporting its Q2 2025 earnings on May 1, to a background of a tariff war between the U.S. and China. Despite the noise, JP Morgan is still looking towards good results for the concluded quarter.
In the near-term view, a note to investors seen by AppleInsider proposes Apple will have a good quarter, thanks to a pull-forward of demand for iPhones, Macs, and other products. The early-year threat of tariffs will have modestly increased demand, causing early consumer upgrades as well as an increased influx of inventory by retailers.