NEWSLETTER
Transcription:
Conway Gittens: Apple (AAPL) It could be caught in the Tit-For-Tat trade war between China and the Chinese regulators of the United States. The platform.
According to Bloomberg, the Chinese anti -political guard dog is located in the early stages of taking a look at the cuts that Apple takes from developers, which could be as high as 30 percent. Other rules of the application store are also being reviewed, such as prohibiting other payment services. The App Store has opened many global doors for Chinese developers such as Tencent and Bytedance, but also faced numerous complaints within China and other parts that Apple controls it with a hard hand and requires a great cost in income manufacturers.
Related: Apple's strategy looks quite intelligent
Complaints about App Store's policies existed before Trump Trade War 2.0, but China could use Apple as a pawn in their retaliation against this new round of tariffs. China, after all, is an important market for Apple and its products. The country is not only a large manufacturing center for the iPhone, which is Apple's best -selling product, Apple also obtains about 20 percent of its global income from there.
While it is said that the probe is in the pre -consideration phase, the sources tell Bloomberg that an official -full -fledged antitrust research may not materialize.
Sticking with technology for our market verification on Wednesday, technological actions are leading the lowest path. The cloud income at the Google Matrix Alphabet was weaker than expected, concerns with Alphabet's concerns may not be obtaining what it paid when it comes to investments in ai. AMD added to the gloom. Although the chips manufacturer exceeded forecasts, investors care not to be good enough to catch up with Nvidia in the ai chips career.
That will do that for your daily information session. From New York City, I am Conway Gittens with Thestreet.
Look Icymi this week:
- 1 million Americans are about to obtain a reimbursement of surprise taxes
- The Fed rate pause could mean problems for the economy of the United States
- UPS paid a great price for his amazon deliveries
- Trump EV's policy will have unexpected consequences beyond cars
