---
title: "➡️In the end, Apple will only fit a small part of the $100B bill, so I don't expect measurable chang"
description: "➡️In the end, Apple will only fit a small part of the $100B bill, so I don't expect measurable changes to margins.➡️ The point is not for Apple to make measurable operational changes in the supply cha"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/100000000181839.md"
published_at: "2025-08-06T21:07:19.000Z"
author: "[Gene Munster](https://longbridge.com/en/profiles/21804449)"
---

# ➡️In the end, Apple will only fit a small part of the $100B bill, so I don't expect measurable chang

➡️In the end, Apple will only fit a small part of the $100B bill, so I don't expect measurable changes to margins.

➡️ The point is not for Apple to make measurable operational changes in the supply chain.

➡️Trump doesn't care about details. He wanted the headline.

➡️ Apple gets tariff relief ($4B-$10B a year)

➡️Suppliers may "win" with new business or get "crunched" because Apple will pressure them on margins. Likely a mix of the two.

➡️This is a lot of jockeying to get us back to where we were at the start of this year. $Apple(AAPL.US)

Source: Gene Munster

### Related Stocks

- [AAPL.US - Apple](https://longbridge.com/en/quote/AAPL.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.