While Wall Street analysts are scrambling to assess the fallout of the latest in the U.S.-China trade battle, Apple…
Tag: President Trump
Big Tech sheds $162 billion in value in Monday’s market route, led by plunge in Apple
As U.S. stocks suffered their steepest drop of 2019, Big Tech was hit particularly hard. Microsoft, Apple, Amazon, Alphabet and Facebook…
Apple share price has biggest drop in two months as U.S.-China trade tensions escalate
Apple Inc. shares had their biggest one-day slump in more than two months amid the latest escalation of trade tensions…
Apple CEO Tim Cook calls for ‘good people with different views’ to come together to address mass shootings
A gunman wearing body armor opened fire in a popular nightlife district in Ohio, killing nine and injuring 27 others, before he was killed by police…
U.S. stock futures drop 380 points after China retaliates, escalating trade war
U.S. stock futures fell sharply on Monday as a trade war between the world’s largest economies intensified…
BofAML: Apple’s earnings hit from new tariffs is ‘manageable’ so buy the dip
Apple’s earnings face a “manageable” hit from the newly proposed tariffs, and Thursday’s sell-off makes the stock an even more attractive buy…
Foxconn eyes sale of $8.8 billion China display panel factory amid trade war woes
U.S. President Donald Trump sharply raised the stakes in the bruising trade war with China and jolted global financial markets by vowing on Thursday to impose a 10% tariff on $300 billion of Chinese imports from September 1…
President Trump says U.S. will add additional 10% tariff on China imports; Apple stock drops
Apple stock dropped sharply after President Donald Trump said on Thursday that the U.S. will put an additional 10% tariff on $300 billion worth of goods imported from China…
Huge staff cuts at Chinese Apple supplier raise the question: Can the China’s businesses withstand a drawn-out trade war?
O-Film Group, a major supplier of camera and touch-screen components for Apple, has reportedly laid off more than 8,000 staff…
U.S.-China trade war isn’t hurting Apple as much as many feared
Apple CEO Tim Cook announced a strong third-quarter Tuesday, saying the strong results were driven by all-time record revenue from services…
Apple CEO Cook: We want to make the new Mac Pro in the U.S., too
Apple Inc. Chief Executive Tim Cook on Tuesday said that the desire to keep Mac Pro computer production in United States…
Huawei+Google smart speaker project shut down by Trump administration restrictions
Huawei was working with Google to take on Apple’s HomePod and Amazon’s Echo smart speaker range…
President Trump expects Apple to announce it will build plant in Texas
U.S. President Donald Trump said on Friday he wanted Apple to build its plants in the United States…
President Trump to deny tariff relief for Apple Mac Pro parts from China
U.S. President Donald Trump on Friday said his administration would not grant Apple Inc any relief for tariffs on Chinese-made parts for its Mac Pro computer…
President Trump: Apple will not be given tariff wavers for Mac Pro parts that are made in China
U.S. President Donald Trump today said that Apple will not be given Tariff wavers, or relief, for Mac Pro parts that are made in China…
U.S. House of Representatives passes bill to block robocalls
The U.S. House of Representatives has passed the bipartisan “Stopping Bad Robocalls Act” which requires calls to be verified…
Apple seeks Mac Pro parts tariff exclusion after moving production to China from Texas
Apple Inc. has asked the Trump administration to exclude components that make up the forthcoming Mac Pro…
Britain’s new leader Boris Johnson vows to get Brexit done
Boris Johnson, the ebullient Brexiteer who has promised to lead Britain out of the European Union with or without a deal by Halloween…
Apple leads tech rally after shedding U.S.-China trade war albatross
Apple Inc. jumped the most in three weeks after the U.S. and China declared a trade truce over the weekend…
Ireland invests disputed Apple taxes in low-risk bonds
Ireland’s debt agency has invested disputed taxes collected from Apple in low risk, highly rated euro-dominated fixed income securities…
U.S. President Trump says meeting with China went ‘far better than expected’
The meeting exceeded expectations, Trump said, tweeting that it went “far better than expected.” The president also elaborated on…
Analyst: Apple facing fork-in-the-road situation with G-20
Apple is really the poster child for the U.S.-China battle and that’s why there’s a lot riding going to G-20…
U.S. Supreme Court’s business-friendly reputation takes a hit
The U.S. Supreme Court in its term that concludes this week was not quite as business friendly as it has been in recent years…
President Trump suggests European Union out of line in suing U.S. tech firms
U.S. President Donald Trump on Wednesday suggested the European Union was out of line in suing U.S. technology companies…
U.S. Treasury Secretary: ‘We were about 90% of the way’ on China trade deal and there’s a ‘path to complete this’
Treasury Secretary Steven Mnuchin told CNBC on Wednesday the U.S. and China were close to a trade deal, and he’s optimistic that progress can be made…
Apple iPhones, Macs, and other tech goods could account for proposed China tariffs of $167 billion
U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods…
U.S.-China trade deal or not, Apple has reasons to cut Chinese manufacturing exposure
Though trade tensions might be the immediate catalyst behind Apple’s reported efforts to explore moving a meaningful portion of iPhone production out of China…
Foxconn founder Terry Gou urges Apple to move production out of China
The billionaire founder of Apple Inc.’s largest supplier asked the U.S. company to move part of its sprawling production chain from China to neighboring Taiwan…
Wall Street nears record as mood on trade again turns optimistic
Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing…
China mum on meeting of President Donald Trump with Chinese leader Xi Jinping as Huawei says sales slowing
The next frontier of digital health? Your delicate ears. Apple’s latest update for iOS and WatchOS is all about hearing health…
U.S. President Trump talks trade with Apple CEO Cook as China dispute looms
U.S. President Donald Trump met with Apple CEO Tim Cook on Thursday to discuss trade and other hot-button issues…
President Trump meets with Apple CEO Cook in White House
Apple Inc. Chief Executive Officer Tim Cook visited the White House on Thursday to discuss Trump administration’s efforts to develop job training programs…
Apple and antitrust
Last week that the U.S. Department of Justice and the Federal Trade Commission were divvying up tech companies for potential antitrust investigations…
Can Apple be trusted with the App Store?
On the App Store, Apple is legislator, judge, jury, and executioner. Apple makes the rules….
Analysts: China isn’t targeting Apple in trade war
Apple, Inc. has taken a beating in the month of May on concerns a breakdown in U.S. trade relations with China…
Companies like Apple that depend on rare earth metals have nowhere to turn, but China
China’s threat to clamp down on exports of rare-earth metals poses problems, because those exports account…
Apple defends App Store against developer backlash, says it ‘welcomes competition’
Apple has launched a public relations campaign to counter claims that it uses the App Store…
Huawei files legal motion seeking to declare a U.S. defense law unconstitutional
U.S. Secretary of State Mike Pompeo kept up the pressure on Huawei on Wednesday…
Apple defends App Store amid mounting criticism
Apple Inc on Wednesday publicly defended its App Store from mounting criticism over its treatment of…
The phony boycott of Apple’s iPhone in China
According to a wide variety of analysts following Apple, the Trump Administration’s trade war with China…
Apple launches new App Store ‘Principles and Practices’ website
Apple has launched a new App Store website which states…
Bloomberg: Apple and Nike brace for China’s wrath after Huawei ban
U.S. companies counting on China for a major part of their growth have targets on their backs…
