The United States threatened 100% tariffs on French wine and champagne to pressure France into removing its 3% digital tax. This tax impacts major U.S. technology firms, specifically Apple. The warning arrived ahead of the G7 summit, signaling escalating trade tensions that could disrupt Apple’s European operations.
Apple’s Services division achieved record revenue during the second fiscal quarter of 2026. This growth stems from a large, active user base. The company recently launched AI-powered service enhancements to further increase ecosystem engagement.