Apple's Margins Catch A Break, But Road Ahead Still Looks Bumpy
1. Apple's devices are exempt from new tariffs, providing temporary relief. 2. Analyst warns exemptions are not a permanent solution; costs may rise. 3. Apple diversifying supply chains, but increased costs may offset savings. 4. Consumer demand for iPhone 16E may rise before potential price hikes. 5. Price target cut from $270 to $245 citing macro pressures.