Stocks rebounded on Tuesday after China’s central bank indicated it wanted its currency to trade at a higher level…
Tag: U.S.-China trade
Major analysts: Apple will weather the latest tariff threat, so buy the pullback
While Wall Street analysts are scrambling to assess the fallout of the latest in the U.S.-China trade battle, Apple…
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 predicted to absorb iPhone, iPad, Mac cost increases from tariffs
Apple analyst Ming-Chi Kuo believes that any tariffs implemented by the US won’t impact Apple’s pricing because of supply chain…
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…
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…
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…
Apple’s iPhone XR was the top selling U.S. smartphone in Q219; iPhone 8 and iPhone XS Max rounded out the top three
iPhone XR was the top selling model in the US in Q2 2019, with iPhone 8 and iPhone XS Max rounding out the top three best sellers…
Apple accelerates plans to diversify production beyond China
Apple is about to start trial production of its popular AirPod wireless earphones in Vietnam as it accelerates plans to diversify beyond China…
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…
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…
Here’s one way Apple could benefit from the U.S.-China trade war
The global smartphone market fell 6.6% during the first quarter of 2019, according to ID, but…
Dow posts best June since 1938
U.S. stock benchmarks have mostly enjoyed a healthy run-up on the back of the Federal Reserve’s…
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. 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…
Gene Munster: Timing of Apple production shift out of China is suspicious
Loup Ventures Managing Partner Gene Munster discusses Apple Inc.’s possible production shift out of China…
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…
U.S. FTC objects to Qualcomm submission of internal Apple documents in antitrust case
The U.S. Federal Trade Commission on Thursday objected to a move by mobile chip supplier Qualcomm Inc to introduce internal Apple Inc documents…
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…
Apple warns U.S. tariffs would result in a reduction of company’s U.S. economic contribution, weigh on global competitiveness
Apple says the Trump administration’s tariffs could lower the company’s economic output and put it at a disadvantage…
U.S.-China trade tensions prompt Apple to consider diversifying supply chain out of China
Apple Inc. is asking suppliers to study shifting final assembly of some products out of China, people familiar with the matter said…
Apple is playing Chicken with China. Will Beijing flinch?
Apple has reportedly asked each of its largest suppliers to evaluate the costs to shift between 15% and 30% of its production out of China…
Special team within Apple investigating move of up to 30% of production out of China
A team of between 30 and 40 people at Apple is surveying the company’s major suppliers about the cost implications…
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…
J.P. Morgan: Apple’s China issues ‘somewhat overblown,’ services underrated
Investor concerns about Apple’s fortunes in China are “somewhat overblown,” analysts from J.P. Morgan suggest…
Analyst: Apple could surge to $1 trillion market cap again on U.S.-China trade deal
The risk-reward on Apple remains compelling at the current price and that the company is the safest among FAANG stocks from any antitrust threats.
Apple’s stock just did something it hasn’t done since the dot-com bubble burst
Apple Inc.’s stock rally has finally done something that it hasn’t been able to do, in 20 failed attempts…
Your Apple iPhone is already Made in America
It wouldn’t take much for Apple Inc. to have U.S.-sold iPhones made outside China…
Apple gains after iPhone assembler Foxconn says it can shift capacity from China
Apple Inc. shares were indicated higher in pre-market trading Tuesday after its key iPhone assembler said it can make the tech giant’s flagship product outside of China…
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…
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…
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…