China calls Trump's trade war a joke, jumps tariffs on U.S. goods to 125%

In the latest trade back-and-forth, China has surged its tariff rate on US goods from 84% to 125%, at the same time saying it won't negotiate if the U.S. continues to engage in "trade blackmail."

Amber Neely 1 year ago 45

US iPhone production's main challenge is a century of big business labor decisions

Despite repeated political promises recently saying otherwise, because of federal wants and big business needs over the last 100 years, the U.S. lacks both the low-cost labor and specialized manufacturing workforce needed to bring iPhone production home.

Amber Neely 1 year ago 11

Apple's high storage prices may be key to mitigating iPhone 17 Pro price rises

Investment firm Morgan Stanley theorizes that Apple has long-term options to protect its iPhone 17 Pro prices from tariff hikes, including steering buyers to larger storage capacities, which have a greater profit margin.

William Gallagher 1 year ago 10

Don't read too much into reports about AirPods production moving to the US

A quote from the CEO of Luxshare is firing up speculation that AirPods production will move to the US, but the scaffolding of the statement is too flimsy to hold the weight of the guesswork.

William Gallagher and Mike Wuerthele 1 year ago 3

Apple's airlifting imports to beat tariff deadline included Macs

Alongside its emergency importing of iPhones before tariffs hugely increased costs, Apple is now said to have also had Macs airlifted into the US.

William Gallagher 1 year ago 3

Trump's belief that iPhone manufacturing could quickly move to the US is wrong

President Trump believes iPhone manufacturing could shift to the US very quickly. He's wrong — it won't happen during his term, if it happens at all.

Marko Zivkovic and Mike Wuerthele 1 year ago 24

Apple stock rocked for fourth day, despite brief signs of recovery

President Donald Trump appearing to be more open to negotiations was initially enough to see Apple's shares rise fractionally overnight, only to see the fourth trading day since the tariff announcement deliver another big hit to the stock.

William Gallagher and Mike Wuerthele 1 year ago 9

Apple shares clawing back, after $638 billion in value is destroyed

Ahead of the markets opening on April 8, 2025, Apple stock has inched into positive territory after Trump's tariff announcement knocked the entire value of Visa or WalMart out of the company.

William Gallagher 1 year ago 17

A flood of panic-buying has started in anticipation of major iPhone price increases

The never-ending talk of tariffs has people rushing to buy the best iPhone that they can afford now before it becomes significantly more expensive.

Marko Zivkovic 1 year ago 18

Apple stock hammered for third consecutive market day, falls on news of more tariffs

While markets fluctuated insanely on rumors, the third consecutive trading day after the blockbuster tariffs announcement has again ended very badly for Apple, with it seeing billions more bled off of valuation.

William Gallagher and Mike Wuerthele 1 year ago 19

How Apple stockpiled iPhones to avoid tariffs and keep prices low for a while

In order to protect its customers from high import fees, Apple shipped an impressive amount of products, including iPhone, to the US from over seas, with very little notice. Here's how it did it.

Amber Neely 1 year ago 20

Apple stocks plummet, as Trump threatens 104% tariff on China

President Trump is literally doubling down on his ruinous tariff plans, saying that since China has retaliated to the original rate, he is now raising it a further 50%.

William Gallagher 1 year ago 62

Devastating tariffs force Wedbush to slash Apple stock target by $75 to $250

Analysts at Wedbush say that Apple's iPhone is the piece of technology hit the hardest by Trump's tariffs, and has lowered its price target by a whopping $75 as a result.

William Gallagher 1 year ago 11

US big tech caught by surprise by the magnitude of Trump's tariffs

Investment bank Morgan Stanley believes that the CEOs of US big tech were unprepared for how steep Trump's tariffs ended up being, and will now — probably unsuccessfully — try to persuade him to make changes.

William Gallagher 1 year ago 8

iPhone blamed for including journalist in highly classified bombing plans

National Security Advisor Mike Waltz has blamed his iPhone for accidentally inviting a journalist into a secret discussion of a strategic military strike.

Charles Martin 1 year ago 42

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