Trump's 10% tariff on goods manufactured in China are effective Feb. 4, 2025. Trump may impose tariffs on chips, too, which may hurt the fate of the tech ETFs.
Apple (AAPL -3.39%) started 2025 on a downbeat note as shares of the technology giant headed south for most of January, but the fiscal 2025 first-quarter results it released on Jan. 30 could help turn its fortunes around.
Berkshire Hathaway has compounded shareholder capital at nearly 20% annually since the 1960s. Such a fantastic track record means the conglomerate is doing something right.
Apple on Monday called a pornography app available for iPhones in the European Union a danger to children, saying landmark digital rules there allowed it to get on to its handsets via an alternative to its App Store.
Apple (AAPL) reported fiscal 2025 first-quarter earnings last week that topped analyst estimates but also contained some disappointing metrics. Share prices rose on the news, although the company reported a small year-over-year decline in iPhone sales for the quarter.
Apple's iPhone 16 and Apple Intelligence have disappointed, failing to trigger the expected AI-driven upgrade supercycle, leading to lower-than-anticipated revenue and profit growth. Apple faces significant challenges in China, with declining sales due to competition from Huawei and Vivo, and potential impacts from Trump tariffs. Consumers are extending their smartphone upgrade cycles, reducing the frequency of new purchases, which is expected to slow Apple's revenue growth in the coming years.
Tariffs have been the talk of the town over recent weeks, regularly overshadowing other important developments and causing volatility spikes.
Apple was one of the luckier consumer-electronics companies when it got exemptions on the tariffs imposed by the first Trump administration on many goods made in China. But this time, it might not be quite as fortunate.
Jan. 27 was a wild day in the stock market as investors reacted to Chinese start-up DeepSeek's R1 "reasoning" model that competes with OpenAI's o1 model.
Apple on Monday criticized a pornography app newly available on iPhones in the European Union, saying the bloc's digital policy was undermining consumer confidence in Apple.
Dick Kramlich, one of Silicon Valley's early venture capitalists, died on Saturday night, CNBC has confirmed. Kramlich co-founded New Enterprise Associates in 1977, and made early lucrative bets on computer-networking companies.
Amid heightened market volatility, investors may notice Apple's (AAPL) stock has dipped nearly 5% since reporting very favorable results for its fiscal first quarter last Thursday.