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Steve Kovach, CNBC.com’s Posts
On Wednesday, the Apple CEO and President Donald Trump appeared at the Austin facility where the new Mac Pro is being assembled. The photo-op was designed to demonstrate Apple’s commitment to building stuff in the U.S. and woo the president with an easy win as the company seeks relief from the looming tariffs next month on the iPhone.
Apple CEO Tim Cook is about to take a victory lap, and President Donald Trump will be following along.
With a massive library of popular shows and movies from Pixar, Star Wars, Marvel and more, Disney+ is poised to be Netflix’s biggest competitor when it launches on Tuesday.
Apple priced its streaming video service, Apple TV+, at $4.99 per month, which is cheaper than any other major service. It’s also giving customers a year of Apple TV+ for free if they buy a new iPhone, iPad, Mac or Apple TV box.
Apple says it will buy Intel’s modem business for $1 billion. The deal is expected to close by the end of 2019.
Apple’s CEO Tim Cook responded to a critical Wall Street Journal story about Jony Ive’s departure from the company in an email to NBC News.
Apple said in a letter to U.S. trade representative Robert Lighthizer released Thursday that tariffs on its products would hurt its contribution to the U.S. economy.
Google has a YouTube problem, according to CFO Ruth Porat.
On Monday, after reporting that ad revenue grew 15% versus the 24% it saw a year ago, Google’s parent company Alphabet saw its stock punished. It fell nearly 8% Tuesday morning.