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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.
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.
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