Apple May Face Limited Tariff Impact, Trump Administration Could Ease DOJ Pressure: BofA
1. BofA maintains Buy rating for AAPL with $265 target amid strong iPhone sales. 2. New tariffs could affect earnings but impact is considered limited by analysts. 3. Apple is likely to manufacture more products outside China to avoid tariffs. 4. Transition to India and other countries may stabilize AAPL's supply chain.