Apple’s August Stock Revival Gives Hope to Concerned Investors

IPhone 15 smartphones at an Apple store in New York.Photographer: Yuki Iwamura/Bloomberg

Apple Inc.’s stock is showing signs of life after struggling through most of 2025, as the tariff-related risks that have weighed on the company start to ease.

Shares of the tech giant entered August down 17% for the year due in part to concerns about the impact of President Donald Trump’s sweeping levies, which cost the company $800 millionBloomberg Terminal in its fiscal third quarter alone. The US president has long criticized Apple for its reliance on overseas production partners, at one point even threatening to punish the company with tariffs if it didn’t make its iPhones in the US.