Not-so-pleased with Apple, the US government tells iPhone maker: Think of better ideas than going to China for …

    Think of better ideas than going to China for …

    Apple is facing pressure from the US over its plans to source memory chips from Chinese manufacturers as a global shortage pushes up the component’s price. US Commerce Secretary Howard Lutnick said the administration does not want Apple to buy memory chips from China and told the iPhone maker to look for alternatives. “The Trump…

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      Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks: Report

      Apple is reportedly testing memory chips from China’s CXMT for iPhones and MacBooks as it explores ways to ease AI-driven component shortages. Amid the changing dynamics of the tech industry, Apple has been testing memory chips from China’s CXMT across different product lines, including iPhones and MacBooks, to help mitigate a component shortage fueled by…

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        Apple tops Q2 earnings estimates on strong iPhone, China sales

        Apple (AAPL) reported its second quarter earnings on Thursday, topping analysts’ estimates on the top and bottom lines on strong iPhone sales. Apple stock rose roughly 1% on the news. For the quarter, Apple saw earnings per share (EPS) of $2.01 on revenue of $111.2 billion. Analysts were anticipating EPS of $1.96 and revenue of…

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        A chart showing Apple’s end of year market capitalization under Tim Cook

          Apple’s new boss faces dual challenge in China

          Apple’s new CEO must navigate twin challenges in China — of competing in an increasingly fractured market, while maintaining efforts to reduce reliance on the country as a supplier. Outgoing boss Tim Cook won plaudits from analysts and investors for adroitly managing Apple’s relations with Beijing, even as tensions intensified between the US and China:…

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