Apple Inc
Trump recommends 50% tariff on European Union starting June 1
President Donald Trump on Friday said he is “recommending a straight 50% Tariff on the European Union” after complaining that trade negotiations have stalled. The steep new import duties would start on June 1, Trump wrote on Truth Social. The EU “has been very difficult to deal with,” Trump wrote. “Our discussions with them are […]
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Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.
US President Donald Trump (r) and Apple CEO Tim Cook speak to the press during a tour of the Flextronics computer manufacturing facility where Apple’s Mac Pros are assembled in Austin, Texas, on November 20, 2019. Mandel Ngan | AFP | Getty Images President Donald Trump said in a social media post Friday morning that […]
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Apple raises trade-in prices for iPhones in China to spur demand in key market
People stand in front of an Apple store in Beijing, China, on April 9, 2025. Tingshu Wang | Reuters Apple on Friday raised the amount of money people can get off their next iPhone in China by trading in their old device, rolling out further incentives to spur demand in a crucial market. The iPhone […]
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OpenAI CFO says AI hardware will boost ChatGPT subscriptions in ‘new era of computing’
OpenAI is betting a new “era” of computing will justify the company’s decision to spend billions of dollars on bespoke hardware to go with it, Chief Financial Officer Sarah Friar said. The artificial intelligence startup, best known for the ChatGPT chatbot, announced plans on Wednesday to buy iPhone designer Jony Ive’s devices startup io for […]
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When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple
A customer carries an Apple MacBook Pro laptop outside an Apple store in Walnut Creek, California, US, on Wednesday, April 30, 2025. David Paul Morris | Bloomberg | Getty Images Apple devices will power a hospital in Georgia, a first for the company as it continues its push into the health-care sector. Emory Healthcare on […]
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Kraken opening digital tokens of Apple, Tesla and Nvidia to people outside the U.S.
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken, a crypto exchange that has spent years in court battling charges brought by the U.S. Securities and Exchange Commission over its digital asset offerings, is preparing to offer tokenized securities, including shares of Apple, Tesla, and Nvidia, to […]
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Exclusive look at the making of High NA, ASML’s new $400 million chipmaking colossus
Behind highly secured doors in a giant lab in the Netherlands, there’s a machine that’s transforming how microchips are made. ASML spent nearly a decade developing High NA, which stands for high numerical aperture. With a price tag of more than $400 million, it’s the world’s most advanced and expensive chipmaking machine. CNBC went to […]
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China’s Xiaomi claims new phone chip rivals Apple at a cheaper price
Key Points Chinese smartphone company Xiaomi on Thursday claimed its new Xring O1 chip beat Apple’s version on a few metrics. The new chip will be part of Xiaomi’s new 15S Pro phone, priced below the Apple iPhone 16 Pro in China. Xiaomi also revealed its YU7 electric SUV. Source
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CNBC Daily Open: U.S. market sell-off on deficit fears unlikely to be stemmed by any ‘Trump put’
U.S. President Donald Trump, accompanied by Speaker of the House Mike Johnson, speaking to the media as he departs a House Republican meeting at the U.S. Capitol on May 20, 2025, in Washington, D.C. Andrew Harnik | Getty Images News | Getty Images It’s one bad headline after another coming from the White House these […]
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CNBC Daily Open: It’s hard to imagine a ‘Trump put’ for a deficit-induced U.S. market sell-off
With Speaker of the House Mike Johnson (R-LA) by his side U.S. President Donald Trump speaks to the press following a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC, U.S. Tasos Katopodis | Getty Images News | Getty Images It’s one bad headline after another coming from the White […]
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