Apple does not disclose specific revenues for most of the affected products, but the Apple Watch may be the biggest seller. It brought in about $6.1 billion in revenue last year, according to an estimate from analyst firm Bernstein, a small portion of Apple’s $229 billion in overall sales. …read more […]
A “wide range” of Apple Inc products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods, the company told U.S. trade officials, without mentioning any potential impact on its iPhone cash cow.
Media reports that the U.S. Air Force is reviewing the security clearance of Elon Musk, the chief executive of automaker Tesla Inc are inaccurate, a U.S. Air Force spokesperson said on Friday.
Alibaba (BABA) closed the most recent trading day at $162.37, moving +1.73% from the previous trading session. …read more […]
Dan Howley previews the biggest things to watch at Apple’s annual fall event in Cupertino next week. …read more […]
Should you buy the smaller diversified chipmaker or the mobile chipmaking giant? …read more […]
Former President Barack Obama stepped back into the political fray on Friday, delivering a blistering rebuke of President Trump and the Republican Party while signaling how he plans to campaign on behalf of Democrats ahead of November’s midterm elections, which he called more important than any he could remember. Speaking at the University of Illinois Urbana-Champaign, Obama said Trump is “capitalizing on resentments that politicians have been fanning for years” and accused Republicans adopting a politics of fear and anger. “Over the past few decades, the politics of division and resentment and paranoia has unfortunately found a home …read more […]
If you like tech stocks with respectable and growing dividends, keep an eye on these three. …read more […]
Wall Street’s major indexes fell on Friday as U.S. President Donald Trump raised the possibility of additional tariffs on Chinese imports and Apple Inc indicated that some of its products could be subjected to such levies.
A “wide range” of Apple Inc products including its Watch likely would be hit by proposed U.S. tariffs, the company told U.S. trade officials, but it did not name the iPhone as among the products affected.
Shares of the Lucky Strike parent dipped on continuing challenges in the tobacco sector. …read more […]
The Federal Reserve should keep raising U.S. interest rates until mid-2019, and only then needs to take a decision on when it ought to stop, Dallas Fed President Robert Kaplan suggested on Friday.
World share indexes registered their biggest weekly declines in almost six months in a volatile session on Friday as investors weighed solid U.S. economic data against expectations for higher interest rates and U.S. trade tensions on multiple fronts.
Shares of Teva Pharmaceuticals weakened after
Credit Suisse downgraded the stock ahead of an FDA decision on Fremanezumab, a key migraine drug. …read more […]
Apple Inc said on Friday the proposed tariffs by President Donald Trump covers a wide range of its products, including Apple Watch and AirPods, but did not name iPhones.
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