Apple Inc could see the production costs for its flagship iPhone rise 2-3 per cent given the impact that trade tensions between the US and China are having on input materials like lithium batteries, according to Wedbush analyst Daniel Ives.
A new law in Australia gives law enforcement authorities the power to snoop on your device. It compels the tech-industry giants like Apple to create tools that would circumvent the encryption built into their products.
Coming ahead of the annual CES technology show in Las Vegas, Sunday’s move demonstrates Apple’s shift toward developing into a tech- and media-services company as sales of gear like the iPhone continue to wane.
Apple’s surprise announcement added to concerns about the ability of US companies, particularly its technology giants, to navigate an increasingly uncertain economy and a continuing trade war between the United States and China.
Shares in Apple's Asian suppliers and assemblers slid in November after several component makers forecast weaker-than-expected sales, leading some market watchers to call the peak for iPhones in several key markets.