Apple Obliterated Tariff Headwinds - The Supreme Court Decision Doesn't Matter

Uttam Dey5.53K FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe US Supreme Court just invalidated the US's tariff regime on Friday, but President Trump has already announced a 15% blanket tariff, making the situation uncertain.Apple has racked up a $3.3B tariff bill so far and could be due for refunds, but the uncertainty in refunds also remains heightened.Even with ongoing tariff uncertainty, Apple's robust demand and operational agility position it to outperform, supporting a bullish outlook.Apple has been able to grow its revenues in the mid-teens range, strong for the iPhone maker, while margins robustly expand. This should help weather any tariff uncertainty.

Getty Images Investment Thesis Friday’s Supreme Court ruling invalidated the current US administration’s global trade tariff policy framework introduced last year. The immediate list of beneficiaries are companies whose supply chains reside in ex-US locations, especially locations like China, India, and Vietnam. ForThis article was written byUttam Dey5.53K FollowersFollowUttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other areas such as MedTech, Defense Tech, and Renewable Energy. In addition, Uttam also authors The Pragmatic Optimist Newsletter along with his wife, Amrita Roy, who is also an author on the newsletter as well as on this platform. Their newsletter gets regularly cited by leading publications such as the Wall Street Journal, Forbes, etc. Prior to publishing his research, Uttam worked in Silicon Valley, leading teams for some of the largest technology firms in the world, including Apple and Google.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.