Apple and Amazon’s Quarterly Results Show Big Tech Can’t Avoid US Tariff Pain
Apple and Amazon’s latest quarterly results have demonstrated that even the biggest tech companies can’t escape the pain caused by US tariffs. According to Brody Ford’s report in Bloomberg’s Tech In Depth newsletter, the financial impact of these tariffs is evident in the companies’ financial performances.
The article highlights how major tech companies are feeling the strain of tariffs imposed by the US. This development comes as Uber and Lyft have been making moves to simplify their services for older adults, with Uber debuting a streamlined ridesharing app and Lyft following suit with its own simplified app for seniors.
These changes in the tech industry show how companies are adapting to various challenges, including tariffs and changing consumer needs. The impact of tariffs on major tech companies serves as a reminder of the far-reaching effects of trade policies on businesses across different sectors.
