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Apple Faces Uncertainty Over Tariff Costs Amid Mixed Q2 Performance

Apple Inc.’s latest financial report reveals a mixed bag of results. While the Cupertino giant surpassed Wall Street’s earnings expectations for its second fiscal quarter, there are significant concerns about future tariff costs beyond June 2025.

Apple‘s shares dipped by up to 4% during after-hours trading, even as the company reported an EPS of $1.65, beating the $1.63 estimate by LSEG. According to recent reports, even other tech giants like Meta and Microsoft are facing similar market dynamics. Apple’s revenue hit $95.4 billion, surpassing forecasts, with strong iPhone and Mac sales driving this growth.

However, Tim Cook, CEO of Apple, highlighted the ‘limited impact’ of current tariffs due to a robust supply chain. The company is projecting low to mid-single-digit growth for the next quarter, potentially mitigating these concerns by sourcing more from India and Vietnam, regions with lower tariff rates. But uncertainty looms, with Cook admitting, ‘It’s very difficult to predict beyond June because I’m not sure what will happen with tariffs.’

Despite these challenges, Apple authorized up to $100 billion in share repurchases and announced a 4% hike in dividends. While the Services division’s revenue growth slowed somewhat, it still pulled in an impressive $26.65 billion. More details on shifting market landscapes can be found in how China’s trade policies are affecting global markets.

Robust Meat Market Dynamics Ensure A Fully Stocked Easter Feast

Meat supply increased ahead of Easter 2026, with prices remaining broadly stable despite higher seasonal demand, according to data from slaughterhouses and the Consumer Protection Service Price Observatory.  Market data show higher volumes of lamb and pork alongside limited price increases across key categories.

Strong Supply And Price Stability

Recent data indicate increased meat supply compared to the same period last year, supporting availability during peak demand. Higher volumes helped limit price increases across most product categories. Stable supply conditions contributed to controlled pricing despite seasonal pressure on demand.

Enhanced Competition With Greek Lamb Imports

Market supply was supported by the import of 4,000 lambs from Greece, increasing availability and competition. Additional supply contributed to price stability across lamb products. Domestic production adjusted as imports increased, with 2,105 fewer lambs processed locally on Great Tuesday compared to the previous year.

Dynamic Production Trends In Meat Processing

A total of 19,883 lambs were slaughtered over the past six days, marking a 6% increase compared to the same period last year. Pork production also increased, with 10,655 pigs processed versus 9,452 a year earlier, representing a 13% rise. Higher output across categories reflects increased supply ahead of the holiday period.

Price Adjustments In Key Meat Categories

The average price for locally sourced lamb reached €14.10 per kg, up 4.76% compared to last year. Pork prices declined, with tenderloin averaging €5.97 per kg (-4.47%) and neck cut €6.16 per kg (-1.62%). Poultry remained stable at €4.16 per kg, recording a marginal decrease of 0.05%, maintaining its position as the lowest-cost option.

Overall Cost Implications For The Festive Table

An indicative Easter table for eight people is estimated at €186.42 in 2026 for 19 basic products, compared to €179.36 in 2025, reflecting a 3.9% increase. Meat prices had a limited impact on the increase. Higher costs were driven by vegetables, with tomatoes rising by 81.73% and cucumbers by 42.24%. Prices for fresh potatoes and olive oil declined by 12% to 19%, partially offsetting overall costs.

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