Tariffs Tank Apple Shares After Hours - MOSK: 04.03.2025

Mac OS Ken

Ken Ray

Mac, Computers, Technology, Ipad, Tablets, Phones, Iphone, X, Apple, News, Smart, Os, Smartphones

4.8 • 972 Ratings

🗓️ 3 April 2025

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

- Trump Tariffs Tank Apple Shares After Hours - NLRB Freezes Apple Cases as Attorney for Apple Nominated for NLRB Position - Apple Sued Over Non-Ownership of Individual Apple Books - Report: iOS 18.4 Downloading Previously Deleted Apps Back Onto Some iPhones - Developers Betas Hit for Apple’s Next Round of OS Updates - CIRP Eyes Apple Device Ownership and Apple TV+ Subscriptions - Apple TV+ Outs Trailer for Guy Ritchie-Directed “Fountain Of Youth” - Deleting Data from 23andMe and a crash course in Signal on Checklist No. 417 - online at checklist.libsyn.com - Catch Ken on Mastodon - @[email protected] - Chat with us on Patreon for as little as $1 a month. Support the show at Patreon.com/macosken - Send me an email: [email protected] or call (716)780-4080!

Transcript

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0:00.0	This is Mac OS Ken.
0:08.8	Trump tariffs tank Apple shares after hours.
0:12.3	The NLRB freezes a couple of Apple cases,
0:16.0	and the next OS updates are out to developers.
0:19.7	It is Thursday, the 3rd of April, 2025.
0:23.6	I'm Ken Ray, and this is news from MacOS Ken.
0:29.1	Brought to you by yours truly and supported by people like you.
0:34.4	Patrons through Patreon.
0:44.9	Find out more than your support at patreon.com slash macOS can.
0:55.9	Apple shares ended trading yesterday at 223.89. They'll start today somewhere in the 208 neighborhood.
1:04.8	Sizable sell off and after hours trading Wednesday with shares shedding close to 16 bucks or a little over 7%. What happened?
1:07.7	Ask the guy who thinks groceries is an old-fashioned word.
1:12.4	As had been expected, President Trump announced
1:15.0	Just a staggering set of tariffs on Wednesday after the closing bell.
1:22.2	9 to 5 Mac and Mac rumors wrote up the Apple angle, which really doesn't look pretty.
1:30.8	First, 9 to 5 Mac says Trump announced a base rate of 10% tariffs on all imports into the U.S., a move that will have
1:38.1	significant economic impact on its own. The 10% levy goes into effect this Saturday, the 5th of April. But it gets worse where
1:48.2	Apple is concerned. That's thanks to the administration's reciprocal tariffs on select nations,
1:54.8	where the price of U.S. exports are said to be inflated by international government measures.
2:00.4	By 9-5's reckoning, imports from China, where most iPhones are made,
2:06.8	imports from China face a tariff rate of up to 54%, a combination, they say, of the 34% reciprocal
2:14.8	tariff announced Wednesday on top of the 20% levy the president launched in January.
	...

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