Apple shares fall 5% as buyback cuts, tariff fears fan investor jitters
Apple shares fell 5% on Friday after the company trimmed its stock buyback program and CEO Tim Cook flagged a $900 million tariff-related hit to costs this quarter amid a raging Sino-U.S. trade war. U.S. President Donald Trump‘s tariff flip-flops have thrown corporate plans into disarray, even for Apple, which along with Microsoft, has been…