A veteran investor remains neutral on Apple Inc. (AAPL) stock, citing recent challenges that could impact the tech giant's financial performance. The primary concern revolves around new tariffs imposed by the U.S. government, which might squeeze Apple's profit margins, potentially making the stock less appealing compared to previous quarters, as reported by thestreet.com.
In addition to the tariff issues, the investor points to Apple's current high price-to-earnings (P/E) ratio. This measure suggests that the stock might be overvalued, leading to potential hesitation among some investors. Despite these concerns, as of May 6, 2025, Apple's shares are trading at $198.09, marking a minor decrease of 0.4% from the previous trading session.
The cautious stance reflects broader uncertainties affecting Apple's market performance, with current trading figures showing a slight dip. The stock opened at $198.18, with an intraday range of $197.06 to $198.41, and a trading volume of 6,117,425 shares as noted in recent data. These dynamics underscore the investor's careful watch on both market conditions and Apple's strategic adjustments moving forward.