Trade War, Doris Day, Apple: Your Tuesday Briefing

Trade War, Doris Day, Apple: Your Tuesday Briefing

(Want to get this briefing by email? Here’s the sign-up.)Escalating trade war rattles Wall StreetChina said on Monday that it would raise tariffs on nearly $60 billion of U S. goods in retaliation for President Trump’s increase. Both sides left a window for negotiators to reach a deal before their economies are affected by higher tariffs, but the threat of a persistent trade war gave Wall Street its worst day in four months The S&P 500 index fell more than 2.4 percent, and the tech-heavy Na...

Here's why Apple is so vulnerable to a trade war with China

Here's why Apple is so vulnerable to a trade war with China

Key PointsApple closes down almost 6% on Monday after news of a major escalation in the U.S.-China trade war The company assembles iPhones in China, making it vulnerable to price increases if a tariff were to be placed on Chinese exports It also sells a lot of iPhones in China, making it sensitive to Chinese consumer confidence.CEO of Apple Tim Cook attends China Development Forum 2019 at the Diaoyutai State Guesthouse on March 23, 2019 in Beijing, China  Apple closed down nearly 6% on Monday af...

Google will give you up to $350 if you trade an Apple iPhone for a Pixel 3 model

Google will give you up to $350 if you trade an Apple iPhone for a Pixel 3 model

Google will pay Apple iPhone owners to switch to a Pixel 3 handset via a trade-in The payment comes in the form of a credit as high as $350 that is applied to the card used to purchase the phone In other words, you will have to lay out the full price of the device first, before Google reimburses you Depending on the model, condition and configuration of the iPhone model that is used in the trade, a 64GB Pixel 3 could end up costing only $449 With the same discount, a model with 128GB of stor...

Apple shares suffer worst week of 2019 as investors fear China trade turmoil threatens iPhone growth

Apple shares suffer worst week of 2019 as investors fear China trade turmoil threatens iPhone growth

Key PointsApple's stock has fallen 6.9% since President Donald Trump declared he would increased tariffs Analysts at UBS and Morgan Stanley pointed to Apple's revenue from China as a continued risk facing the tech giant, especially regarding iPhone sales CEO Tim Cook at the end of April credited part of Apple's strong first quarter earnings with an uptick in the company's China prospects Tim Cook, Chief Executive Officer of Apple Inc., takes a selfie with a customer and her iPhone as he visits t...

Samsung now takes up to $400 off the unlocked Galaxy S10, S10+, and S10e (with trade in)

Samsung now takes up to $400 off the unlocked Galaxy S10, S10+, and S10e (with trade in)

Earlier this year, when Samsung started taking pre-orders for its Galaxy S10 smartphone family, it launched a pretty attractive trade in program More exactly, Samsung allowed customers to receive up to $550 in credit towards the purchase of any S10 with trade in of an older phone Of course, in order to actually get $550 in credit, you had to trade in a high-end expensive device in the vein of Galaxy Note 9, iPhone XS, or Google Pixel 3 As of last month, Samsung's Galaxy S10 trade in program...