Tag: $Apple

Nearly all the iPhones exported by Foxconn from India went to the United States between March and May, customs data showed, far above the 2024 average of 50% and a clear sign of Apple’s efforts to bypass high U.S. tariffs imposed on China.

President Donald Trump said in a social media post Friday morning that Apple will have to pay a tariff of 25% or more for iPhones made outside the United States.

Chinese smartphone company Xiaomi is taking on Apple’s iPhone with an advanced chip and a cheaper phone.

The Trump administration and congressional officials have raised concerns about a deal to put a Chinese company’s artificial intelligence on iPhones.

Samsung on Tuesday unveiled a thin version of its flagship smartphone in an unusually timed launch as it looks to maintain momentum in its mobile divison against an uncertain consumer backdrop and U.S. tariff policy.

Spotify on Friday said Apple has approved the company’s U.S. app update, which will allow users to access pricing information, links to make purchases and select from more payment options within the music streaming app.

Apple (AAPL.O),shares fell more than 3% in trading before the bell on Friday after the company trimmed its stock buyback program and CEO Tim Cook flagged a $900 million tariff-related hit to costs this quarter amid a raging Sino-U.S. trade war.

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws.

Apple and Meta Platforms are facing the likelihood of regulatory fines. However, the blow could be less than feared due the policies of President Donald Trump.

Apple’s iPhone 16 series will be available in Indonesia from April 11, it said on Wednesday, after Jakarta lifted a ban on its sale following the company’s more than $300 million investment plan.

EU antitrust authorities are anticipated to conclude their year-long investigation into the browser options provided by Apple (NASDAQ:AAPL) on its iPhones, according to a Reuters report on Tuesday.

Apple on Tuesday launched new versions of its iPad Air, enhancing the mid-tier tablet with its M3 chip and artificial intelligence capabilities in a bid to spur upgrades among customers.

Apple said it plans to spend more than $500 billion over the next four years to expand its manufacturing footprint in the U.S.

Apple is set to launch its latest budget iPhone model on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such Samsung and China’s Huawei.

Taiwanese electronics companies are planning more investments in the U.S. state of Texas, with announcements possible in May to coincide with President Donald Trump’s first 100 days in office, the head of an industry body said on Tuesday.

Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a move that removes months of uncertainty for the Cupertino-based firm.

Apple reported its fiscal first quarter earnings after the bell on Thursday, beating expectations on the top and bottom lines but falling short on iPhone revenue. Sales out of the company’s Greater China region were also lower than Wall Street anticipated in the quarter.

Local smartphone makers Vivo and Huawei leapfrogged Apple to become the top two sellers in the Chinese market last year, dealing a blow to the iPhone maker as it struggles to introduce AI features on the mainland and fight competition from domestic rivals.

Apple has abused its dominant position by charging app developers an unfair 30% commission through its App Store, costing British consumers up to 1.5 billion pounds ($1.8 billion), a London tribunal heard on Monday.

Tech group now a force in driving revenues for publishers in US, UK, Canada and Australia