Apple Stocks Tumble 5% Amid Buyback Pullback and Tariff Tensions
TECHi 2025-05-03
Summary:
Following the company’s reduction of its stock buyback program and CEO Tim Cook’s warning of a $900 million tariff-related cost blow this quarter amid a raging Sino-U.S. trade war, Apple shares plunged 5% on Friday. Even Apple, which has been vying for the title of most valuable business in the world alongside Microsoft, has seen […]
The post Apple Stocks Tumble 5% Amid Buyback Pullback and Tariff Tensions first appeared on TECHi and is written by Naba Fatima.