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Apple’s iPhone Sales Soar Despite China Tariff Pressure (and Because of It)
Apple may be the tech company most exposed to the Trump-era global tariffs, with the majority of its iPhones still manufactured in China. But the company calmed Wall Street’s concerns with its latest financial results, which showed a surge in iPhone sales. CEO Tim Cook also laid out a roadmap to ease the impact of levies.
Apple Inc. is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone ...
The move speaks to slowing spending by consumers and Apple’s continuing struggles in China, its second-largest market.
Apple CEO Tim Cook said that Apple would “significantly grow” its AI investments, adding that the company is “open to M&A ...
5don MSN
It’s the first store in China that Apple has been forced to shut down since opening its flagship store in the country in 2008 ...
Apple forecast revenue for the current quarter ending in September well above Wall Street’s estimates, sending shares up.
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