Apple May Take a Hit From Escalating Trade War

You want to be the pebble in the pond that creates the ripple for change”- Tim Cook

(Source: Wikipedia)

The Building Trade War

On Monday morning, President Trump ordered the United States Trade Representatives to find $200 billion worth of Chinese goods to tariff. China responded by putting a tariff on $50 billion worth of U.S. goods. Trump has since threatened to enact yet another tariff on the country. Such escalation is sparking fear of a “trade war”.

A trade war spells trouble for Apple, a company headquartered in California and who manufactures mostly in China. The United State’s biggest import from China is smartphones, totaling $70.4 billion in 2017. JP Morgan has stated that “A substantial portion of China’s exports are western products manufactured locally — [such as] Apple (AAPL) iPhones.” Almost 20% of Apple’s revenue comes from China, as the company shipped over 41 million phones there. Although Apple has received reassurance from President Trump that they would not be on the list of items subjected for the tariff, the tech company still may be affected. Read More

Apple Takes Action to Protect Users’ Privacy

“Privacy to us is a human right.”- Tim Cook, CEO of Apple

(Source: Flickr)

Apple’s core goal is to create excellent the best product possible while respecting the privacy of those who use their software. Privacy is a huge concern for Apple in a time in where it seems that our lives are public for all to see. Thus, Apple is taking a huge step forward to try and protect it’s valued customers from immoral data apps and law enforcement.

On June 12th, Apple updated its App Store policy to restrict all apps from harvesting the data of other apps and contacts that iPhone users have. This is direct attack on Facebook who collects data for marketing and acquisition opportunities through their VPN app, Onavo. This App Store update comes after Facebook was involved in the Cambridge Analytica scandal, where millions of users data was taken from Facebook unbeknownst to them. Read More

Apple Stock News: Apple began developing A11 in parallel with A8 chip

Apple Stock News

For the latest Apple Stock News, AAPL closed at $159.88 per share on September 15th, 2017. It generated a profit of 0.60% from its previous close on September 14th, 2017, when it closed at $159.28 per share.

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AAPL Stock News: Go Long AAPL Before The iPhone 7 Is Launched

AAPL Stock News

  • Apple’s stock price performance is dependent on iPhone sales. The upcoming release of the iPhone 7 next month is again its biggest stock mover.
  • I opine that even without a major upgrade/improvements, the iPhone 7 will outperform the sales of the iPhone 6s.
  • The majority of iPhone loyalists are still unaware that Tim Cook has shifted to a 3-year refresh cycle for the iPhone.
  • Most iPhone 6 users who ignored the iPhone 6s are therefore likely to upgrade their unit to the iPhone 7 this year.
  • A better-than-iPhone 6s sales performance from the iPhone 7 will boost AAPL’s stock.
  • I Know First's algorithm is currently bullish on AAPL
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Apple Stock News: The Apple Watch 2 Is Coming

Apple Stock News

Apple Watch 2 is thought to be released in the upcoming WWDC event

apple stock news

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