Daniel Ives — the Street's biggest tech bull — has thrown in the towel.
"You don’t become a trillion-dollar gadget company by charging for things at cost."
Read More How will Apple absorb the iPhone's post-tariff bill of materials?
Postcard from Boston
1 year ago
1 year agoHands off our Apple products and components.
"Henceforth I will unlikely ever be an investor in the U.S. again unless there is blood in the streets from a civil war and the gutting of the country’s current political and business elite."
Read More Tommo_UK: The age of American exceptionalism is over
"If you want a $3,500 iPhone, we should make it in the U.S. If you want it for $1,000 you keep it in China."
Read More Wedbush's Daniel Ives: 'Economic armageddon' ahead if Trump tariffs stick
Trump tariffs tank Apple
1 year ago
1 year agoA long list of levies unveiled by the White House are poised to hit the company especially hard, triggering an after-hours stock rout on Wednesday.
"The winner in our view from this tariff is no one."
Read More Daniel Ives on 25% car part tariffs: 'Armageddon for the auto industry'
It's not just Apple
1 year ago
1 year ago"The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam."
"When the very institutions that made American innovation possible are being systematically dismantled, it’s not a “political” story anymore."
Read More The perils of covering tech in an era of chainsaw politics
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MAGA economics
1 year ago
1 year agoAt this point, companies, consumers and investors may have tariff fatigue — what they actually want is to know the full extent of Trump’s trade policy now.
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