Tag Archives: China

Apple May Not Pass Along Tariff Price Increases This Year

As we near the release of the next iPhone, it’s been a bad news parade for Apple. While their quarterly results announced last week were ok, they had a mini-scandal over contractors listening to recordings of Siri interactions. Far worse, their stock price has fallen off significantly in the last two days of trading based on news of a fresh round of tariffs on goods produced in China.

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Foxconn and Apple Play a Little Chicken with China

According to both Bloomberg and the Wall Street Journal, Foxconn has gone on the record saying that they can shift US iPhone production out of China so that Apple can avoid a hit on tariffs, if necessary. While it was made clear that Apple hasn’t yet asked them to do this yet, these comments were calculated and aimed directly at Beijing.

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Donald Trump is Playing a Dangerous Game and Apple isn’t the Only Potential Loser

Apple’s stock has taken a beating this month, and it sunk even lower today after comments from Donald Trump in a Wall Street Journal interview pointed toward the possibility of additional trade tariffs. The President of the United States casually tossed around comments about how easily people can stand a 10% tariff on all electronics imported from China. Evidently, he isn’t all that concerned with preserving the economic gains of the last year, because tariffs like these will kill them fast enough to make your head spin.

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Bloomberg Businessweek and Apple are Playing an Interesting Game of Chicken

Last week, I wrote about Bloomberg Businessweek’s big story claiming that servers from the company Super Micro used by Apple, Amazon, and others had hardware modifications made to their motherboards. These reported modifications were supposedly made by hackers from the Chinese military, and the tiny added chips would make the servers vulnerable to hacking by opening backdoors for other servers to get trusted access or to inject code remotely. Bloomberg cited multiple sources from the US  Intelligence community, from Amazon, and even three from within Apple.

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