Some say the ban could have negative implications for US technology companies, including Apple, one analyst says the development may be mere 'noise.'
The US Commerce Department said on Wednesday it added Huawei to itsthat prevents the company from purchasing American parts and components without the government's approval first.
"While we expect a lot more sand to be thrown in the sand box between the Beltway and Shanghai until the G-20 talks in late June around these trade tensions, we caution investors on Apple to not jump to conclusions and instead rationally digest the most likely scenario when analyzing the stock," Ives told clients in a note out Thursday.
"Based on our analysis the way the tariff situation stands today on some lithium batteries and other input materials the cost of making iPhones currently will go up by roughly 2%-3%," Ives said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on HuaweiPresident Donald Trump is expected to sign an executive order this week barring ...
Lire la suite »
U.S. blacklists China's Huawei as trade dispute clouds global outlookThe Trump administration hit Chinese telecoms giant Huawei with severe sanctions...
Lire la suite »
Trump Steps Up Assault on China’s HuaweiThe Trump administration escalated its battle against Huawei with a pair of actions that threatens to both cut the Chinese telecommunications giant off from American suppliers and ban it from doing business in the U.S.
Lire la suite »
Why Alibaba and Tencent may not have the same Trump problems that Huawei hasThe focus to restrict Huawei's access to American companies appears to be motivated by concerns regarding secrecy and intellectual property, but the firm is also a main competitor to many U.S. telecom equipment businesses, according to Gil Luria.
Lire la suite »
Stock futures slip after Trump appears to crack down on China’s HuaweiU.S. stock futures point to a dip for equities Thursday, after President Donald Trump appears to target China telecommunications group Huawei with an emergency declaration against threats to U.S. technology.
Lire la suite »
Trump throws more fuel on Europe's Huawei nightmareUS President Donald Trump's newest executive order has escalated his administration's campaign against Chinese telecoms giant Huawei, raising pressure on European allies.
Lire la suite »
Donald Trump gets tough on HuaweiTwo decisions could ensnare other Chinese technology firms
Lire la suite »
Trump is being mocked on Chinese social media for giving Huawei free publicityTrump's executive order is expected to precede a ban on US companies buying Huawei telecoms equipment.
Lire la suite »
Trump signs order setting stage to ban Huawei from U.S.President Trump’s executive order declares a national emergency allowing the government to block the purchase of tech linked to foreign adversaries
Lire la suite »