Apple shares hammered after Trump tariff announcement

Apple stock took a huge dive in after-hours trading following the unveiling of new tariffs, and it just got worse when the markets opened.

William Gallagher 1 year ago 8

Trump admin poaches Apple attorney for NLRB, future of labor complaints in doubt

The National Labor Relations Board has indefinitely postponed two complaint cases against Apple, after the Trump administration hired an Apple lawyer away to be the lead attorney for the watchdog.

William Gallagher 1 year ago 5

Apple, Intel, and others head to Vietnam to discuss tariff concerns

With President Trump imposing strict tariffs on goods coming from US trade partners, Apple is joining other top tech companies in a trip to Vietnam to discuss what comes next.

Amber Neely 1 year ago 5

Apple to build AI servers in Houston, invest $500B in U.S. economy

With a new Texas factory and increased manufacturing support across the States, Apple has announced it will create 20,000 new American jobs as part of a four-year, $500 billion investment plan to include Apple Intelligence server farms.

William Gallagher 1 year ago 62

Trump's tariffs could drive up iPhone prices by about 10%

Estimating the cost to Apple of paying President Trump's import tariffs, Bank of America believes that a 9% price hike for the iPhone and all other devices, would prevent losses.

William Gallagher 1 year ago 20

EU pushes forward with Apple antitrust investigation despite Trump's criticisms

In the interest of what it calls fairness and stability, the European Union has decided to push forth with anti-trade investigations into companies like Apple, Meta, and X, hoping to reach a conclusion by March.

Amber Neely 1 year ago 15

India prepares for Trump trade disruption by cutting import taxes for Apple & others

Certain iPhone components including iPhone circuit boards will no longer face import taxes in India as the country positions itself to weather changes in global trade.

William Gallagher 1 year ago 5

Trump hesitates over instituting China tariffs that would hurt Apple

Trump's day-one tariffs on China haven't been implemented yet, but he's still maintaining the fiction that it isn't American consumers who will pay the price.

William Gallagher 1 year ago 29

Trump claims Tim Cook has committed Apple to massive US investment

Incoming President Trump says he has met with Apple CEO Tim Cook, who reportedly committed the company to a greatly increased investment in the US.

William Gallagher 1 year ago 57

EU may be reassessing billion-dollar Big Tech fines as it waits for Trump

All the impending EU fines and rulings against Apple, Google, and Meta, are reportedly off the table as Europe awaits Trump — and reveals just how political its regulations are.

William Gallagher 1 year ago 17

Government says DOJ subpoenaed Apple without authorization

DOJ demands for message and call data from Apple during the Trump administration, failed to obtain authorization, says the Office of the Inspector General in the current Biden administration.

William Gallagher 1 year ago 4

How Tim Cook gets Trump to help Apple

Their personal relationship has not always helped "Tim Apple", but Tim Cook has been more successful in working with Trump than most.

William Gallagher 1 year ago 40

Apple ramping up India manufacturing expansion to avoid Trump tariffs on China

Indian media has revealed that Apple is in talks with more than 40 firms in the region to become component suppliers for devices including the iPhone, ahead of a Trump administration applying tariffs to Chinese imports.

William Gallagher 1 year ago 8

Trump demanding that Apple must unlock shooter's iPhones because of foreign apps

Republican Presidential candidate Trump has called for Apple to help the FBI unlock iPhones and "foreign apps" belonging to people accused of plotting to assassinate him.

William Gallagher 1 year ago 26

Biden signs TikTok bill into law as Chinese firm threatens legal action

President Biden has now formally signed the bill that means TikTok owner ByteDance must sell the platform, or face being banned in the US from 2025.

William Gallagher 2 years ago 14

Load More