Tag #Apple

Showing 37 to 48 of 286 results

welt.de
🌐 85% Global Worthiness
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Trump Tariffs Trigger US Economic Contraction

President Trump's tariffs caused a 0.3% US economic contraction in Q1 2024, impacting companies like Apple ($900 million added costs this quarter), Amazon (vendor disputes), and Airbnb (weakened US bookings), resulting in post-market stock drops and broader economic uncertainty.

Progress

56% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 85% Global Worthiness
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Apple Shifts iPhone Production from China to India and Vietnam

Apple is moving most US-bound iPhone production to India and other products like iPads to Vietnam, to mitigate the impact of US tariffs that are estimated to cost Apple $900 million this quarter, despite exemptions for some electronics.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Apple Found in Contempt in Epic App Store Case

A federal judge found Apple in contempt of court for violating a 2021 injunction in its antitrust case with Epic Games, specifically for maintaining barriers to alternative app payment methods, potentially facing criminal charges.

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Apple Stock Drops 3% Amidst Trade War, Shifts iPhone Production to India

Apple shares fell nearly 3% on Friday after the company announced a reduced share buyback program and projected $900 million in additional tariff costs, prompting a shift of iPhone production to India to mitigate the impact of the US-China trade war.

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Apple Shifts iPhone Production to India to Counter US Tariffs

Apple CEO Tim Cook announced on April 1st that India will be the primary manufacturing location for iPhones sold in the US and Vietnam will produce nearly all other Apple products sold in the US, a strategic response to US tariffs and a diversification of its manufacturing base to reduce costs and r...

Progress

36% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 85% Global Worthiness
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Apple Shifts Production to Avoid US Tariffs

Apple plans to source the majority of its US-bound iPhones from India and other products from Vietnam during the second quarter to avoid potential US tariffs on Chinese-made goods, potentially impacting profit margins and consumer prices.

Progress

32% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Apple Q1 2024 Earnings: 5% Revenue Growth Amidst Tariff Headwinds

Apple reported a 5% revenue increase to $95.36 billion in Q1 2024, driven by services and preemptive purchases ahead of anticipated tariff increases; however, a $900 million cost increase is projected for Q2 2024 due to tariffs, with potential for greater impact later.

Progress

32% Bias Score

Responsible Consumption and Production
dw.com
🌐 85% Global Worthiness
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Apple Shifts iPhone Production to India and Vietnam Due to US Tariffs

Apple announced a shift in iPhone production to India, with a majority of US-bound iPhones now originating from India and most iPads, Macs, Apple Watches, and AirPods from Vietnam, as a response to US tariffs on Chinese imports, estimating a \$900 million cost increase in the April-June quarter.

Progress

36% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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Apple Shifts Production from China to Mitigate US Tariffs

Apple announced it will move iPhone production from China to India and iPad production from China to Vietnam to avoid the impact of US tariffs imposed by President Trump; despite the tariffs, the company beat financial expectations for the first quarter of the year.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Mixed Tech Earnings, Apple Tariff Concerns, and Employment Report Nuances

Strong tech earnings from Microsoft and Meta fueled market gains on Thursday, but Amazon's cloud growth missed expectations, and Apple projected $900 million in tariff-related costs; the April jobs report showed 177,000 new jobs, but severance pay skewed the numbers.

Progress

36% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Apple Faces $900 Million Tariff Hit, Shifts Production

Apple projects a $900 million increase in costs this quarter due to US import tariffs, prompting a shift in its supply chain to reduce reliance on China and expand production in countries like India and Vietnam.

Progress

36% Bias Score

Decent Work and Economic Growth
liberation.fr
🌐 90% Global Worthiness
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Judge Holds Apple in Contempt for Failing to Open App Store

A US federal judge held Apple in contempt of court for failing to comply with a 2021 order to open its iPhone app ecosystem, ordering Apple to stop collecting commissions on transactions outside its App Store and to cease using tactics to dissuade users from third-party app stores; the decision foll...

Progress

56% Bias Score

Reduced Inequality

Showing 37 to 48 of 286 results