WS #15583
Apple has reduced orders for the iPhone 18 Pro by 20%, citing softer-than-expected consumer demand. This order cut signals potential weakness in the premium smartphone market and raises concerns about Apple's near-term revenue growth, contrasting with the broader AI-driven tech rally. The reduction may impact supply chain partners like Foxconn and TSMC, who face lower utilization rates for high-end chip packaging and assembly. India has formally criticized the Trump administration's decision to suspend the Permanent Labor Certification Program for Microsoft and other Indian firms. This diplomatic friction could lead to retaliatory measures against US tech companies operating in India, potentially disrupting supply chains and increasing operational costs for firms like Microsoft and Infosys. The dispute underscores growing geopolitical tensions in the tech sector.
Apple Demand Weakness
Apple has reduced orders for the iPhone 18 Pro by 20%, citing softer-than-expected consumer demand. This order cut signals potential weakness in the premium smartphone market and raises concerns about Apple's near-term revenue growth, contrasting with the broader AI-driven tech rally. The reduction may impact supply chain partners like Foxconn and TSMC, who face lower utilization rates for high-end chip packaging and assembly.
India has formally criticized the Trump administration's decision to suspend the Permanent Labor Certification Program for Microsoft and other Indian firms. This diplomatic friction could lead to retaliatory measures against US tech companies operating in India, potentially disrupting supply chains and increasing operational costs for firms like Microsoft and Infosys. The dispute underscores growing geopolitical tensions in the tech sector.