Apple's Tim Cook said "currently the Chinese have not targeted Apple at all. And I don't anticipate that happening, to be honest." "I'm hoping that doesn't happen. And I don't anticipate it happening. I know people think the iPhone is made in China," Cook said. "The iPhone is assembled in China. The truth is, the … Continue reading Apple Free of China?
No end in sight for the U.S.-China trade war means volatility for the markets. Tech stocks are leading the way down... Qualcomm continues to fall, nothing new has come out since yesterday but it seems the market is starting to digest all this information. They were suffering from the Huawei blacklist to begin with, then … Continue reading Trade War Continues
This coming from U.S. District Judge Lucy Koh. She sided with the Federal Trade Commission(FTC) who said Qualcomm used it's dominant position in the CDMA and LTE modem chip market to squeeze rivals out of contracts and force mobile phone makers to pay more for its patents. The FTC filed the lawsuit in 2017, accusing … Continue reading Qualcomm Violated Antitrust Law
Apple reported $2.45 per share on revenue of $58.0 B vs estimates of $2.37 per share on revenue of $57.6 B. Apple's worldwide smartphone shipments were down 30.2 percent to 36.4 million iPhones from 52.2 million. This was enough to give up 2nd place to Huawei. First still belongs to Samsung with 23.1% market share. … Continue reading Apple Slips to Third… and No One Cares