Apple shares slide as tariff woes prompt cut in buyback program |...

Dununu.com Dununu

Sponsored

Apple shares slide as tariff woes prompt cut in buyback program

RSS Feed Business

Posted

116

Apple's shares declined by 5% following a $10 billion reduction in its stock buyback program and a $900 million cost impact due to US-China trade tensions. CEO Tim Cook cited uncertainties from US tariff policies as the reason for this cautious approach. Despite narrowly beating revenue expectations, Apple forecasts modest growth and is diversifying its supply chain away from China.

Read Full Article

Please log in to like, share and comment!

Days before Pahalgam attack, intelligence hinted at terror plans to hit tourist sites in Jammu and Kashmir

By 0 23

Vance defends Trump’s AI image of himself as pope, says 'fine with people telling jokes, not with people starting stupid wars'

Following Pope Francis's death, Donald Trump shared an AI-generated image of himself as pope,...

By 0 25

NMC orders suspension of 26 MBBS students for NEET-2024 malpractices

By 0 37

SBI net dips 9.9% after one-time provision for pension liabilities

State Bank of India's Q4 net profit dipped 9.9% to Rs 18,643 crore due to a one-time pension...

By 0 46

Kotak Mahindra net profit dips 14%

By 0 46