Apple Inc. is looking to produce all of its iPhones for the United States market in India as soon as 2026, the Financial Times reported on Friday, citing sources with knowledge of the matter.According to the sources, the move is a part of the tech company's plan to expand its supply chain away from...
The European Commission (EC) fined Apple and Meta Platforms a combined €700 million on Wednesday for violating the bloc's competition laws, marking a new escalation in tensions with the US administration. Apple was fined €500 million, while Meta received a €200 million penalty under the...
The European Commission will impose its first Digital Markets Act (DMA) penalties on Wednesday, April 23, targeting Apple and Meta, Handelsblatt reported on Tuesday, citing sources inside the Commission.
The Commission alleges Apple restricts competition through app store limitations, while...
The European Union delayed penalizing tech giants Apple, Inc. and Meta Platforms, Inc. while attempting to reach a trade deal with Washington amid United States President Donald Trump's tariffs, the Wall Street Journal reported on Friday, citing people familiar with the matter.According to the...
Apple Inc. CEO Tim Cook maintained close contacts with United States President Donald Trump's administration in a bid to ensure that his company would be exempted from tariffs on imports from China, the Washington Post reported on Thursday, citing two unnamed sources with knowledge of...
The shares of Apple Inc. jumped by more than 5% during premarket hours on Monday after United States President Donald Trump decided to exclude various technological devices, including smartphones and semiconductors, from his 145% trade duty on Chinese goods. The tariff exemption relieved...
Apple is shifting more iPhone production to India from China to reduce the impact of hefty tariff costs, the Wall Street Journal reported on Monday, citing people with knowledge of the matter. The iPhone remains Apple's core product, generating approximately half of its total revenue.The sources...
Apple Inc. is allegedly considering expanding its operations at the Foxconn factory in Jundiai, Sao Paulo, to offset surging production costs in Asia. According to a Brazilian Exame magazine report published on Friday, the move comes as new tariffs introduced by United States President Donald...
Technology giants took a heavy hit in the premarket session on Thursday as investors reacted sharply to sweeping new tariffs introduced by United States President Donald Trump, sparking fears of a global trade escalation.As of 7:28 a.m. ET, shares of Apple Inc. plunged 7.24%, continuing the...
Apple Inc. shares fell sharply by 7% in premarket-hours trading on Thursday, after US President Donald Trump announced aggressive new tariffs on more than 180 countries.The sweeping measures are expected to significantly impact Apple's supply chain, which remains heavily concentrated in...
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