Apple shares shoot up after Trump declares national emergency

By

Apple Oriocenter 2
Finally, some good news for Apple this week.
Photo: Apple

President Trump’s declaration of a national emergency provided some much-needed relief to Apple’s stock price just before the market closed this afternoon.

Apple shares jumped up over $20 in value during the last 30 minutes of trading today, just after President Trump announced that the U.S. government will free up $50 billion in federal resources to combat the COVID-19 outbreak.

Tim Cook takes wait-and-see attitude toward constantly changing coronavirus; ‘reason for optimism, but we’ll see’

By

Apple CEO Tim Cook is optimistic about Apple’s future
CEO Tim Cook says “Apple is fundamentally strong.”
Photo: Fox Business

CEO Tim Cook promises Apple is fundamentally strong and will weather the problems resulting from the coronavirus spreading around the world. He says his focus isn’t on short-term changes in Apple’s share price, despite a recent significant drop.

In a wide-ranging interview with Fox Business recorded Thursday in Birmingham, Alabama, Cook also discussed whether his company will move more device production out of China, and his relationship with President Donald Trump.

Trump: Apple encryption could protect ‘criminal minds’

By

President Trump: Apple encryption could protect ‘criminal minds’
Donald Trump thinks Apple needs to help authorities by unlocking iPhones.
Photo: Gage Skidmore/Flickr CC

President Donald Trump is no fan of Apple’s refusal to unlock iPhones for authorities in encryption-stymied criminal cases. In an interview with CNBC, Trump said, “Apple has to help us. And I’m very strong on it. They have the keys to so many criminals and criminal minds, and we can do things.”

Trump is currently in Davos, Switzerland, attending the World Economic Forum. This morning, he met with Tim Cook for a working breakfast.

Cook and Trump schedule breakfast date in Davos

By

Trump’s China deal may stop Apple hiking prices of iPhones and iPads
Cook has been one of the few Silicon Valley CEOs who still meet with Trump.
Photo: White House

President Donald Trump and Apple CEO Tim Cook are taking their awkward bromance to Davos.

Cook is reportedly slated to attend breakfast with Trump this Wednesday at the World Economic Forum in Davos, Switzerland. Trump, who used his opening speech at the international gathering to slam climate change activists, also will be briefed by IBM CEO Ginni Rometty during the breakfast meeting.

FBI cracks iPhone Pro 11, raising doubts about demand for Apple backdoor

By

Apple Store employee fired after stealing personal photo from customers' iPhone
Why is the FBI demanding Apple help to create a ‘backdoor’ to unlock iPhones when it has GrayKey? That's a good question.
Photo: Ed Hardy/Cult of Mac

Revelations that the FBI has access to a tool that can unlock data on secure iPhones are raising questions as to why the agency is demanding Apple help to create a “backdoor” to recover data on the iPhones of a Florida shooting suspect.

Steve Bannon says Trump could ‘drop the hammer’ on Apple

By

Steve Bannon says President Donald Trump could
Steve Bannon was formerly an advisor to President Trump.
Photo: CNBC

Steve Bannon, the ex-Breitbart chairman and former chief strategist for Donald Trump, warns that the president will “drop the hammer” on Apple if it doesn’t work with authorities.

Bannon is referring to the current standoff regarding whether Apple should unlock iPhones used by the shooter who killed three people at the Pensacola Naval Air Station in December.

Trump calls for Apple to ‘step up’ and unseal iPhones used by ‘killers, drug dealers’

By

Apple CEO Tim Cook talked Mac Pro with President Trump
President Trump called on Apple to cooperate and unlock two iPhones belonging to a gunman who killed three in Florida in December.
Photo: White House

President Donald Trump called on Tuesday for Apple to “step up to the plate” and “help our great country” by unlocking the iPhones used by a Saudi aviation student that killed three people at a Florida Navy base in December.

Trump’s China deal may stop Apple hiking prices of iPhones and iPads

By

Trump’s China deal may stop Apple hiking prices of iPhones and iPads
That's good news for Apple and its customers.
Photo: White House

Apple has been given a welcome reprieve on tariffs for the iPhone, iPad and Mac after President Donald Trump agreed to a limited trade deal with China on Thursday.

The phase one agreement means rolling back existing tariff rates on Chinese goods and canceling new tariff rates that would have gone into effect Sunday.

Apple shares suffer biggest decline since August

By

Apple shares suffer biggest decline since August
President Trump says no immediate end in sight to trade tensions with China.
Photo: White House

Apple shares suffered their biggest decline since August on Tuesday, due to trade tensions between the United States and China.

President Trump told reporters that he had “no deadline” on agreeing a trade deal with China. Many people had hoped that a deal could be reached within weeks.