Kif Leswing

1 week ago | cnbc.com | Kif Leswing

Apple shares rose more than 2% on Monday, pushing the company's market cap back above $3 trillion, as Wall Street expressed some level of relief that the iPhone maker will be able to withstand President Donald Trump's widespread tariffs. Late Friday the Trump administration announced that phones, computers and chips were exempted from new tariffs.

1 week ago | cnbc.com | Kif Leswing

When President Barack Obama asked late Apple CEO Steve Jobs about making an iPhone in the U.S., Jobs didn't mince words. "Those jobs aren't coming back," Jobs said at a dinner with Obama in 2011. The president of the U.S. and the CEO of Apple have changed, but the ambition of a "Made in the USA" iPhone remains.

1 week ago | flipboard.com | Kif Leswing

3 hours agoEven before President Trump’s tariffs threatened to upend Apple’s manufacturing business in China, the company’s struggle to make new products was leading some people inside its lavish Silicon Valley headquarters to wonder whether the company had somehow lost its magic. The tariffs, which were …

2 weeks ago | nbcnewyork.com | Kif Leswing

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2 weeks ago | cnbc.com | Kif Leswing

Apple shares skyrocketed 15% on Wednesday after President Donald Trump announced a 90-day pause on his administration's "reciprocal tariffs," which would have affected the company's production locations in Vietnam, India, and Thailand. The rally added over $400 billion to Apple's market cap, which now stands just under $3 trillion. It was Apple's best day since January 1998, when late founder Steve Jobs was the interim CEO and three years before the company unveiled the first iPod.