Apple will “comply” with European Union regulation that requires electronic devices to be equipped with USB-C charging, said Greg Joswiak, Apple’s senior vice president of worldwide marketing. That will mean Apple’s iPhones, which currently use its proprietary Lightning charging standard, will need to change to support USB-C.
Jakub Porzyck | Nurphoto | Getty Images
The next iPhones, expected in September as usual, could have a feature that no iPhone has ever had: a generic charging port.
The new iPhone models could include a USB Type-C charger port on the phone’s bottom, according to analysts and media reports. That’s the same charging port that’s used on nearly every laptop sold in the past few years, as well as Android phones, iPads, and other gadgets from Kindles to headphones to drones and heated blankets.
The USB-C connector would replace Apple’s proprietary port, the Lightning port, which has graced the bottom of every iPhone model released since 2012.
The shift would be one of the biggest improvements to the iPhone in years for consumers.
IPhone users would no longer need to bring two different cables for their phone and other gadgets while traveling. Android users could borrow chargers from people who own iPhones. You could borrow chargers from anyone using a newer laptop. Schools and businesses could standardize on one type of charger for their entire fleet of devices. USB-C could even allow iPhones to access faster charging speeds.
While Apple hasn’t confirmed that its new iPhones will feature a USB-C charging port, and didn’t respond to a request for comment, the change is bound to happen.
A new regulation passed by the European Union last year requires USB-C ports on new smartphones by 2024. Apple is unlikely to produce an iPhone model solely for the European market. “Obviously, we’ll have to comply,” Greg Joswiak, Apple’s chief marketer, said last year.
Consumer benefits, like the reduced “lock-in” to a single manufacturer, helped form the reasoning behind the new regulations. The EU estimates the rule could save Europeans 250 million euros per year on chargers. The EU also said old chargers account for about 11,000 tons of e-waste per year in the region.
Apple opposed the law. In a 2021 letter, Apple said that the regulation would hamper future charging innovation, could require it to take devices off the market early, and could confuse consumers with additional information.
“We are concerned that regulation mandating just one type of connector for all devices on the market will harm European consumers by slowing down the introduction of beneficial innovations in charging standards, including those related to safety and energy efficiency,” Apple said in the letter.
USB type-c hub connected to laptop with lot of cables connected for peripheral computer device equipment
Pavel Balanenko | Getty Images
Whenever Apple changes the ports on its devices, skeptics believe it’s just an effort to make more money on its premium-priced cables. Apple’s most capable USB-C cable retails for $39.
For example, when Apple added USB-C chargers to MacBook laptops starting in 2015, it drew jokes about the dongles required to plug older accessories into the new laptops.
When Apple removed the iPhone headphone jack in 2016, it spurred months of commentary, both for and against the “courageous” change, whether Apple was pushing people to its more expensive wireless AirPods, and still inspires takes today about whether it was the right decision (most Android phones have followed suit.)
But while Apple makes money from its cables, and has a program where accessory makers pay for access and official Apple parts called “MFi,” Apple’s strategic focus is making sure that its products work together without major flaws so its users continue to buy new iPhones. It’s not nickel and diming dongles and accessories.
Cable sales are reported in Apple’s Wearables, Home, and Accessories product line, which reported $41 billion in revenue in 2022, although Apple Watches and headphones make up the majority of the sales. That’s much smaller than the $205 billion in iPhone sales Apple reported during the year.
Possible downsides
Apple’s argument that a new charger will cause confusion holds more water. With the Lightning port, companies that wanted to make officially approved accessories have to apply for Apple’s program, and pay for access to specifications and official Apple parts. For consumers, this meant that while there were a few knockoff Lightning devices to avoid, at most stores, the dock or clock or cable users purchased would just work.
USB-C is a different beast. It’s a “standard,” which means the exact specifications are published by a group of companies and individuals working together. Anyone can use those specifications to build cables, and you don’t need to enroll in an Apple-administered program.
This also means that many iPhone users will learn that not all cables with a USB-C connector are created equal. Some cables can transfer data quickly, and some can’t. Back when the standard was first introduced, some cables could even cause damage to devices because they were misconfigured (though this hasn’t been as common in recent years.) Some cables even support “Thunderbolt,” a modern data transfer standard for powerful accessories like monitors or docks, although at a higher price. There are websites that test and approve cables that are “compliant” with the standard USB-C standard.
Apple will likely let users know if their cable is appropriate to charge their phone through software warnings, what it carries at its retail operation, and through its MFi program.
But it’s clear that the charger port switch raises possibilities for frustrating situations that didn’t exist when Apple stuck with its proprietary charger. Apple’s current troubleshooting document for USB-C charging issues on Mac tells users to test with Apple’s official cables and power adapters.
The world won’t change overnight when Apple’s iPhones have USB-C ports. Apple still develops some of its own proprietary charging standards, such as MagSafe, which uses magnets to affix a charging puck to the back of an iPhone. Its Apple Watch uses a unique magnetic charger as well. Even after using USB-C as the only charging port on its MacBook laptops for years, Apple recently introduced a proprietary magnetic charger on recent models.
Eventually, Apple watchers predict, the company is likely to try to remove ports entirely from the iPhone, but until then, Apple aficionados with multiple products will still need to carry several different charging cables.
Still, the USB-C port is still a step in the right direction for iPhone users, even if Apple is grumbling along the way. Apple preferred an approach that would standardize charging bricks, but allowed cables to be specific for a type of device.
“What that allows you to do is have over a billion people — it’s not a small number of people have that connector on the left [pointing to the Lightning cable] — to be able to use what they have already, and not have to be disrupted,” Apple’s senior vice president of worldwide marketing Greg Jozwiak said last year.
Advanced Micro Devices‘ CEO Lisa Su shut down concerns over Big Tech’s elevated spending during an interview with CNBC’s “Squawk Box” on Wednesday and said investing in more computing will accelerate the pace of innovation.
“I don’t think it’s a big gamble,” she said. “I think it’s the right gamble.”
Many of AMD’s hyperscaler customers over the last 12 months have beefed up spending as the technology reaches an “inflection point” and companies can see the return on that spending, Su added.
Su’s comments come as tech’s megacaps announced more than $380 billion in AI spending in their latest earnings reports as the firms race to build out infrastructure to support soaring demand.
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On Tuesday, Su told analysts that AMD expects revenues to grow 35% per year over the next three to five years due to “insatiable” AI chip demand.
Shares were last up more than 7%.
Concerns of a potential AI bubble have jolted markets in recent sessions as Wall Street raises concerns that valuations have gotten too high.
Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023.
Michael Nagle | Bloomberg | Getty Images
Coinbase is following Tesla out of Delaware and into Texas.
Paul Grewal, Coinbase’s chief legal officer, wrote in a Wall Street Journal op-ed on Wednesday that the crypto exchange is moving its state of incorporation, a year after Elon Musk did the same with his electric vehicle maker. Musk also reincorporated his rocket maker SpaceX from Delaware to Texas.
“Delaware’s legal framework once provided companies with consistency. But no more,” Grawal wrote, pointing to recent “unpredictable outcomes” in the Delaware Chancery Court.
A handful of notable names, including Dropbox, TripAdvisor and venture firm Andreessen Horowitz have announced departures from Delaware. It’s a move that was championed by Musk following a Delaware Chancery Court ruling that ordered Tesla to rescind the CEO’s 2018 pay package, worth about $56 billion in options.
“If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,” Musk wrote in a post on X in February 2024, when he filed to change SpaceX’s incorporation state.
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Last week, Tesla shareholders voted to approve Musk’s more recent pay package, which could be worth up to $1 trillion.
Delaware has long been the dominant state for U.S. companies to incorporate due to its flexible corporate code and expert judiciary, and is seen as balancing the rights of executives and shareholders. A Texas state law allows corporations to limit shareholder lawsuits against insiders for breach of fiduciary duty.
Coinbase and Andreessen Horowitz, an early backer, currently face a lawsuit in Delaware concerning the sale of shares in the crypto company tied to its public listing in 2021.
Like Musk, Coinbase CEO Brian Armstrong was a major contributor to President Donald Trump’s 2024 campaign for the White House.
Mike Intrator, Chief Executive Officer and founder of CoreWeave, poses for a photo during the company’s Initial Public Offering(IPO) at the Nasdaq headquarters on March 28, 2025 in New York City.
Michael M. Santiago | Getty Images
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.
Here are five key things investors need to know to start the trading day:
1. Chips and dip
2. Numbers game
The U.S. Bureau of Labor Statistics is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
Bill Clark | Getty Images
While the government shutdown could be over soon, don’t expect the Bureau of Labor Statistics to release all the missed economic data immediately.
As CNBC’s Jeff Cox reports, government agencies will need time to catch up on data collection. If the shutdown ends this week, Goldman Sachs estimated that the BLS could have a schedule for when it would release reports — but not the data itself — out early next week.
Market watchers are especially eager to see what job market data will say, as other data sources point to loosening in the labor force. Adding to the uncertainty is the rise of “ghost job” postings, a term used to describe listings for open roles that have never appeared to be filled.
3. Payment plans
A protester with the Main Street Alliance holds a sign outside the U.S. Supreme Court, as its justices are set to hear oral arguments on U.S. President Donald Trump’s bid to preserve sweeping tariffs after lower courts ruled that Trump overstepped his authority, in Washington, D.C., U.S., November 5, 2025.
Nathan Howard | Reuters
President Donald Trump floated a tariff rebate check over the weekend. Experts are warning you shouldn’t hold your breath.
Policy analysts and economists told CNBC’s Jessica Dickler that Trump’s idea of paying Americans a “dividend” of at least $2,000 — except for “high income people” — likely wouldn’t happen anytime soon. They also warned that this type of economic stimulus could drive up inflation.
Speaking of tariffs, CNBC’s Lori Ann LaRocco reported that U.S. importers are expecting a simple repayment process if the Supreme Court rules against Trump’s levies and forces a refund.
4. Capital, capitol
Bitcoin and USA flag on a cracked wall.
Ruma Aktar | Istock | Getty Images
The Senate Agriculture Committee this week released a draft of its part of a market structure bill for digital assets, a major step toward greater investor adoption of cryptocurrencies.
The draft lays out a framework for how to place guardrails on the industry and institutions that want to utilize digital assets. Cody Carbone, CEO of crypto trade association Digital Chamber, called it “the most consequential roadmap” for how institutions will utilize these currencies.
The Roger models, named after former tennis player and company investor Roger Federer, are displayed in a shop of Swiss shoemaker On in Zurich, Switzerland, Aug. 28, 2025.
Denis Balibouse | Reuters
On, the Swiss sportswear company,isn’t seeing the same slowdown as other shoe makers. The company reported better-than-expected earnings and raised its guidance this morning, saying it wouldn’t need to offer Black Friday deals to juice demand. Shares of On surged nearly 9% in premarket trading.
Elsewhere in fitness, Oura CEO Tom Hale told CNBC in an exclusive interview that the smart ring maker could see $2 billion in sales in 2026, almost doubling sales for a second straight year. Oura raised $900 million in a funding round last month, bringing its value to $11 billion. But public market investors shouldn’t get too excited: Hale said there’s “no news on an IPO” for the Finnish company.
The Daily Dividend
Consumer sentiment varies significantly by the amount of stocks individuals hold. Click here to read more about how the biggest owners are buoying economic confidence, and what could change that.
— CNBC’s Sean Conlon, Kif Leswing, Ashley Capoot, Jordan Novet, Yun Li, Jeff Cox, Jessica Dickler,Lori Ann LaRocco, Liz Napolitano, Gabrielle Fonrouge, Tasmin LockwoodandArjun Kharpalcontributed to this report. Josephine Rozzelle edited this edition.