Apple says that Trump’s latest round of tariffs, if implemented, could negatively impact the company’s contributions to the U.S. economy and would impact product costs.
President Trump has said tariffs could be placed on iPhones and Mac notebooks and other computers imported from China, sending Apple shares down more than two percent in pre-market trading.
The Trump Administration has decided to exclude a category of high-tech products from its latest round of tariffs on Chinese made products, which includes Apple Watch.
Unless China and the United States resolve their trade war, the prices for key Apple products could be rising. These include the Apple Watch and others.
The iPhone could soon be at the center of the trade dispute between China and the United States. Unfortunately, Apple is vulnerable on both sides.
If the trade war between the U.S. and China continues, Apple might be forced to levy a 10 percent tariff on Apple Watches. Nothing is finalized, however.
Apple’s been told by the Trump Administration that there won’t be tariffs placed on iPhones. Despite this, the company’s still worried.
Apple’s boss Tim Cook, Amazon CEO Jeff Bezos and other tech leaders met with Donald Trump today, with Cook pushing the President to make coding a requirement in schools.
After tweeting for years from an old, unsecured Android phone, President Trump switched to an iPhone this spring. He reportedly has only one app installed on his phone.
In a recent Q&A on Apple’s internal info web service, Tim Cook explained to employees why he met with President-elect Donald Trump last week. Cook was one of many executives that participated in a high-profile roundtable with Trump to discuss a variety of tech-related issues.
The meeting inspired a lot of negative reactions from folks in and around Silicon Valley, who felt like it was hypocritical of the tech leaders to meet with Trump, given their public condemnations of his comments and actions. But Cook explains that open communication is important.
Following Apple’s record-setting holiday quarter, its stock still dropped eight percent in after-hours trading because the 51 million iPhones sold missed Wall Street consensus by a few million units. American businessman Donald Trump took to Twitter to express his dissatisfaction with Apple losing its vision and momentum, going on a rant over Apple’s “dumb refusal” to give iPhones bigger screens.
Samsung’s sizes are “much better”, Trump said and stressed he sold his Apple stock because iPhones are still four inches. I’m sure Tim Cook immediately called for an emergency meeting with his lieutenants, fearing the wrath of Mr. Trump…