Donald Trump’s trade war with China could hurt iPhone sales

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
Donald Trump has been outspoken on the subject of China.
Photo: Gage Skidmore/Flickr CC

A state-controlled Chinese newspaper suggested that a “naive” trade war led by Donald Trump could hurt U.S. brands, including Apple.

President-elect Trump previously said he will put in place a 45 percent tariff on Chinese imports as a form of taxation to “stop [China] cheating” through currency manipulation.

Apple gets one step closer to iPhones made in India

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spicesv2
Designed in California, made in India. Maybe.
Photo: Ste Smith/Cult of Mac

Apple has “sought incentives” to set up a manufacturing facility in India, according to a new report.

Apple reportedly made its case to the country’s Department of Revenue and Department of Electronics and Information Technology (DeITY).

8 takeaways from Apple’s Q4 2016 earnings call

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Tim Cook
iPhone sales were down in Q4 2016.
Photo: Ste Smith/Cult of Mac

Apple can’t make enough iPhone 7 devices to satisfy demand from customers (and from Wall Street to make more money).

During Apple’s Q4 2016 earnings call today, Apple CEO Tim Cook and CFO Luca Maestri hinted that big things are in the pipeline that should put the company back on track to growth — and it all starts Thursday with the MacBook Pro.

Here’s what we learned from the Q4 earnings call:

What to expect from Apple earnings call Q4 2016

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money
Apple will reveal Q4 2016 earnings on October 25.
Photo: Ste Smith/Cult of Mac

During tomorrow’s Apple earnings call, Tim Cook is likely to unload some bad news. Wall Street expects Apple to report its first annual revenue decline since 2001, snapping one of the most impressive streaks ever witnessed.

Slumping iPhone sales mean Apple’s annual revenue could drop to $215.67 billion for 2016. That would be a significant decline from the $233.72 billion in revenue Apple posted in 2015 — but there may be light at the end of the tunnel.