Tariffs. If there's one consumer tech company that's best positioned to survive the era of President Donald Trump's tariffs, it may be Apple. The company said in its most recent earnings report that it has more than $49 billion in cash on hand. Historically many of its products have been built in China, the target of a 145% Trump tariff, but CEO Tim Cook had already begun shifting manufacturing to other nations, including India and Vietnam, which will have significantly lower tariffs, and plans to build AI-focused servers in Houston. Gartenberg says Apple also has remarkably high profits on its products, with margins much higher than those of competitors. Analysts estimate margins on the iPhone alone are more than 38%.