Smartphones, laptops and smart wearables are about to be added with taxes, Apple, Amazon, Google like sitting on a fire
Last year, the US $ 200 billion tariff applied items were subject to an additional 10% tax rate from September 1.
The situation of iPhone sales - Apple's strategic business - still hasn't prospered in the first half of this year, and due to the difficult situation, AirPods, Apple Watch and HomePod are so popular but the "gods" help Apple compensates for some of the damage from the iPhone's slump.
However, the short joys are not equal, in the latest statement from the White House, many technology products originating or assembled in China, including AirPods, Apple Watch and HomePod, will not be main General Trump's right to put on the list of temporary tax reductions, and will face a tax of up to 10% on September 1 here.
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Apple Watch will face a tax of up to 10% on September 1 here.
Also according to the authorities' notice, a number of large-scale technology items, such as laptops and mobile phones, including Apple MacBook MacBook and iPhone, will be postponed tax rates. This is a good news that is only temporary, but also helped the value of Apple's stock increase by about 4% in the first session of the afternoon through August 13.
The Apple side has not yet made any comments on the decision.
The main technology items will face new tariffs on September 1 here mainly including products, personal consumer electronics such as smart watches, health monitors, Smart speaker and Bluetooth headset.
These items have in fact been exempted from the US government tax since last year by major manufacturers who have simultaneously filed a complaint with the White House to loosen tax policies to ease the burden and pressure. competition for businesses. With Apple's case, many accessories have become the focus in Apple's effort to diversify revenue next to iPhone, which is facing many difficulties in sales. This strategy has pushed the company's market capitalization to over $ 1 trillion in 2018 but declined rapidly this year.
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IPhone sales in China in the first half of 2019 have yet to show signs of improvement
According to the latest financial report, in the first time after 7 years, iPhone contributed less than half of Apple's revenue, this is the "red alert" level for Cupertino giants in recent years. iPhone is always a product to shoulder revenue for the company. However, a real crisis did not happen to Apple because the drop in iPhone sales was offset by a 50% increase in smart wearable devices, including Apple Watch and AirPods, helping Apple put out all negative estimates from Wall Street and the value of stocks increased again.
Last July, Apple CEO Tim Cook revealed in a press release that the smart wearable device business has helped Apple's overall revenue in China - one of the strategic markets of the product. reach a stable level. It is known that China is also the largest iPhone consumer market in the world, the prolonged trade tension between the US and China has caused the people of this country to turn away from the iPhone, the situation of Apple business has many difficulties. .
According to data from market research firm Canalys, in the past quarter, the iPhone market share in the Chinese market has dropped from 6.4% to only 5.8%, partly because of their competitors in the smartphone segment. Huawei Technologies has won the majority of market share to become China's best-selling smartphone maker.
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Huawei became China's best-selling smartphone maker.
'Our business in mainland China is not bad and is still growing, despite difficulties in iPhone sales. Apple's revenue in the accessories business, smart wearable devices in China has increased by 17%. It can be said that all our companies, except the iPhone, are gaining impressive growth in the world's most populous market, 'CEO Tim Cook said in an interview with Reuters.
According to information from a number of new documents published by the US Trade Representative office, there was an extensive list of goods subject to US $ 200 billion tariff policy last year, which will subject to an additional 10% tariff from September 1 here. They include popular technology products from Apple's rivals, like the Fitbit smart watch, the Amazon and Alphabet smart speakers, as well as other Bluetooth-connected devices.
This is said to be a policy in retaliation for China's Commerce Ministry's decision to stop importing agricultural products. After a short time of cooling down, trade tension between the US and China is showing signs of increasing again, but conflicts are difficult to reconcile.
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Fitbit, Amazon and Google have not yet made any comments on the issue.
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