Investing.com -- Apple (NASDAQ: AAPL )’s shares have experienced a 23% decline since April 2, 2025, as investors react to an escalating trade war between China and the U.S. Gene Munster, Managing Partner at Deepwater Management shared his thoughts on the current situation, seeing a light at the end of the tunnel.

Over the past five trading days, investors have been selling off Apple stocks, pushing the company into a challenging position. According to Munster, the situation with China is expected to worsen over the next month, adding fuel to the ongoing panic.

Despite the current turmoil, Munster is looking towards the future. He believes that three months from now, Apple will be mostly unaffected by the impact of the tariffs. This is due to the strong relationship between Apple’s CEO, Tim Cook, and the leaders of the U.S. and China, President Trump and President Xi Jinping, respectively.

However, Munster acknowledges that there is a significant unknown factor in play: the broader consumer market. This could potentially weaken if a recession occurs. In his view, this risk has already been factored into the current pricing of Apple’s shares.

Munster concluded his thoughts by stating that this storm will pass. He highlighted that Apple’s brand loyalty remains strong and predicts it will drive an upgrade cycle for Apple Intelligence in the fiscal year 2026. It is important to note that these are Munster’s views and the future market conditions can vary.

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