The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Apple shares fall as tariff costs to add more agony

May 2, 2025
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
Apple (AAPL-Q) shares fell nearly 3% on Friday after the iPhone maker trimmed its share buyback program and CEO Tim Cook warned of additional tariff-related costs of about $900 million this quarter amid a raging Sino-U.S. trade war. The Cupertino, California-based company that makes over 90% of its products in China said it plans to shift production of iPhones to India to minimize the impact of President Donald Trump’s trade war. “It looks like Apple is progressing faster than expected with its move to shift production of US phones into the region (India),” said Matt Britzman, senior equity analyst at...
GO TO ORIGINAL SOURCE →
China Tech Buzz Topics: AAPL | AI | Alphabet | Amazon | Apple | artificial intelligence | California | CEO | China | cloud | consumer | consumer electronics | Gadgets & Electronics | Huawei | import | India | Intel | investor | iPhone | IT | Meta | Microsoft | MSFT | president | production

Other News:

If China targeted our elections, why reward it with 600,000 student visas?

July 18, 2026
foxnews.com foxnews.com

PoJK at a crossroads: India's strategic moment

July 18, 2026
dailyexcelsior.com dailyexcelsior.com

Breaking news live updates, July 18: Brazil's Supreme Court bars Bolsonaro from receiving visitors

July 18, 2026
timesofindia.indiatimes.com timesofindia.indiatimes.com

What Does the Latest Development from China's Moonshot AI Mean for Competitors?

July 18, 2026

US to auction off sections of water in deep-sea mining push

July 18, 2026
chicagotribune.com chicagotribune.com

Bangladesh's $12.65 Billion Nuclear Bet Faces Its Biggest Test Yet

July 18, 2026
oilprice.com oilprice.com

Final Fantasy 14 Mobile is shutting down in September, and it never even launched globally

July 18, 2026
altchar.com altchar.com

While You Were Sleeping: 5 stories you might have missed, July 18, 2026

July 18, 2026
straitstimes.com straitstimes.com

AI should not be a 'solo performance' but 'symphony of global collaboration' : Xi Jinping

July 18, 2026
dailyexcelsior.com dailyexcelsior.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.