mike_galloway
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Falling US demand means an imminent international rollout for Apple Vision Pro
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Goldman Sachs is certain to lose millions when it sells off Apple Card
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Apple stocks plummet, as Trump threatens 104% tariff on China
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Tim Cook tried to kill Texas App Store age verification bill by calling the governor
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Your next iPhone might cost more but Apple may bet you won't notice much
hmlongco said:Funny how people keep focusing on the economic plays while ignoring other, far more dangerous options.
Donald thinks he's playing 3D checkers. But what happens when someone else decides to simply knock over the entire board?
China could well view these attacks on its economy as attacks on China itself.
So with the US economy is disarray and with the US having alienated most of its trading partners and military allies, China could decide that it's time and past time to move forward and "annex" Taiwan. Adding that islands economic power to its own.
In fact, it may well feel it's been granted the right to do so, especially given Russia's move to annex Ukraine and the number of times Trump has indicated that the US should annex Canada, Greenland, and Panama.
What's sauce for the goose...
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Trump demands 25% tariff on any iPhone not made in the US
MassiveAttack said:Now, it is up to Tim Cook how he will respond and drive the stock up again.
Amazon is also facing headwinds, but the stock has recovered so far.
Walmart, too.
Jensen Huang responded immediately and the US government removed the chip restriction to sell to China.
If Tim Cook still has no answer, he needs to step down.
Apple Investors must be frustrating now due to poor stock performance (downhill for 8 days in a row).
Tim Cook.. If you are reading this, you are cooking Apple and if you have no idea how to navigate, step down.
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President Trump lashes out at China for violating new trade agreement
I'm not sure we need to be concerned over someone trying to do what cannot be done. Why not allow Trump the rope to hang himself? Ok we all get a pile of trouble, but at the end (assuming we are right) America is weaker and the rest of the world stronger. More likely though we all muddle through the next more important disaster - there will always be one.
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Apple EU anti-competition fine is a relatively modest $570 million to avoid Trump retaliat...
coolfactor said:Wesley_Hilliard said:Ok, had to delete some incredibly off topic and rule breaking threads that are just useless screaming matches. Let's chill out.
And as a reminder: It isn't illegal to be a monopoly. It is illegal (or at least heavily regulated globally) if a monopoly uses its power of a specific market to manipulate that market or others. The EU has a right to govern how it sees fit, even if some of its policy seems unfairly targeted towards Apple. It is up to Apple to work through the litigation and arrive at a happy medium. These things take time, and the world leaders having pissing matches won't help either.
Patience. This fine was a pittance for the affected companies. We'll see where it goes from here.
Avoid insulting each other, politically charged comments, or leaving the topic entirely to make some kind of random point. There's no need for that.
There also needs to be some safeguards where political regions can't just "change the rules" or implement new rules, and then claim companies are breaking those very same rules. It can take years, even decades, for a large company to build up their sales ecosystem, and then governments come along and just make new rules? One interpretation is that it's a convenient money-grab. Where does this fine money end up in the end? There should be some regulation over that, too.Unfortunately voters (us) are continually demanding from politicians that "something must be done" about whatever grieves us at the moment and that we are "unfairly disadvantaged" so we sort of get what we deserve (continual knee jerk responses and badly thought out changes) and not what we need.
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AAPL crumble: stock hit again, as White House clarifies 145% China tariff rate
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Apple supplier Pegatron says tariffs will mean third world-style shortages for US
The elimination of the USA's massive trade imbalance with the rest of the world is a necessity. The USA has been living on borrowed money for a long time and using it for excessive consumption. Effectively, China and other countries lends the USA money to buy their goods.
It is likely that if Trumps sticks to his guns this rebalancing will be achieved but at the expense of the current generation of Americans, who will pay the price for previous the generations over consumption.
The rest of the world will not pay this debt but they will suffer as world trade will decrease without American over consumption.
On balance this probably has to happen but it would be better done with a more stable man at the wheel.