Following newly-authorized rules by the Trump administration, Google has reportedly terminated Huawei's Android license, forcing it to move to the Android Open Source Project.
The increase in tensions between the United States and China in its ongoing trade war, as well as restrictions against Huawei, is fueling anti-US sentiments in China, prompting more online calls from critics of the political maneuvers to boycott Apple products.
The U.S. government has leveled a dual blow against China's Huawei, both blocking it from acquiring American technology and preventing American telecoms firms from using Huawei equipment.
U.S. President Donald Trump will allegedly sign an executive order this week blocking American companies from using any telecoms equipment made by Huawei, according to a report.
Though Apple and many existing investors may not be happy with the fallout of the U.S.-China trade war, for others it may be a ripe stock opportunity, Merrill Lynch's Wamsi Mohan said on Tuesday.
Vodafone will become the U.K.'s first 5G carrier, switching on several cities on July 3 — though controversially using some Huawei equipment for infrastructure.
Although there's a "very real risk" from more tariffs on Apple products, and this week's Supreme Court ruling laid the groundwork for a challenge to the App Store, neither is a "threat to future growth potential," Cowen analysts said on Tuesday.
Apple investors are overreacting to the financial threat posed by the U.S.-China trade war and Monday's Supreme Court ruling on the App Store, an analyst claimed on Tuesday.
Apple's chargers and iPhone and iPad cases have so far been subject to tariffs on Chinese imports without affecting U.S. buyers, but that could be about to change.
The decline of Chinese iPhone sales slowed in the month of April, UBS said in a Friday investor memo, but that may have been because of improvements in overall smartphone demand in the country.
If Apple is indeed hit by proposed U.S. tariffs on Chinese imports, it could take the company "multiple years" to move assembly outside of China, according to a Morgan Stanley investor memo.
U.S. President Donald Trump made good on a trade war deadline on Friday, increasing tariffs on some Chinese imports. While Apple products have so far evaded impact, that may be short-lived.
The CEO of Apple power chip supplier Dialog Semiconductor sounded a positive note on the Chinese smartphone market on Thursday, though whether or not Apple will benefit remains to be seen.
After President Donald Trump used Twitter to threaten a dramatic escalation of America's trade war with China, stocks tumbled in early trading. Apple was hit particularly hard, with shares dropping by more than 3%.
Apple CEO Tim Cook sounded a positive note on China in announcing the company's March-quarter results, saying sales there are looking better.
Following the publication of its second fiscal quarter of 2019 results, encompassing January through March, Apple provided additional detail surrounding the continuing situation in China, as well as more information about the Services business in an earnings conference call.
Suggesting Apple won't recover in the country anytime soon, the company reportedly saw its worst decline in Chinese iPhone shipments of the past two years during the March quarter.
Investors consistently undervalue Apple's Services, and iPhone sales are strong, which has led Morgan Stanley to raise the target price for Apple stock to $234.
Analysts at Goldman Sachs have improved their view of Apple's share, raising the stock's 12-month target price from $140 to $182 under the belief demand in China is no longer an issue, at the same time as anticipating Apple will beat its guidance for the upcoming financial results.
Apple and Samsung are often depicted as cutthroat enemies, but it's also no secret they are also their own largest customers, unquestionably dependent upon the success of each other's business. Could that change, and would the world be better off with just a single, giant, more vertical phone maker?
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Roger Fingas
Malcolm Owen
Daniel Eran Dilger
Mike Wuerthele
