Tag: $Apple

Apple stock slides as reports suggest muted early iPhone 16 demand

Apple shares moved lower in early Monday trading following a trio of reports that suggest early demand for its new iPhone 16s is falling behind last year’s levels.

Apple’s new AirPods are also hearing aids. Can they really save you thousands of dollars?

Apple said its hearing aid feature will boost frequencies “so sounds are clearer and more vibrant to your ears.” The company also said the feature will use “machine learning to make real-time adjustments as you go about your day.”

Apple must pay 13 billion euros in back taxes, EU’s top court rules

Europe’s top court on Tuesday ruled against Apple in the tech giant’s 10-year court battle over its tax affairs in Ireland.

Apple’s top finance executive to step down at end of 2024

Apple chief financial officer Luca Maestri will step down from the role at the beginning of next year, ending a more than decade-long stint as the iPhone-maker’s top finance executive.

Apple revenues rise on strong services business and iPad sales

Company bullish on iPhone upgrades from AI products even as it confronts China slowdown and fall in smartphone purchases

Apple’s iPhone elbowed out of top 5 in China by domestic smartphone rivals

Apple dropped out of the top five smartphone sellers in China for the first time in four years in the second quarter, with the iPhone losing ground to models from domestic handset makers including Huawei.

Epic Games says Apple stalling launch of its game store in Europe

“Fortnite” maker Epic Games said on Friday Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant’s control of the iOS app ecosystem.

Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.

Apple’s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than in the U.S. 

European Union regulators accuse Apple of breaching the bloc’s tech rules

European Union regulators on Monday said Apple is in breach of the Digital Markets Act because it does not allow customers of its App Store to be steered to alternatives.

Nvidia leapfrogs Apple, Microsoft to take crown as most valuable company

Nvidia leapfrogged Apple and Microsoft to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.

Apple has ‘very serious’ issues under sweeping EU digital rules, competition chief says

Apple has a number of “very serious” issues under the European Union’s sweeping Digital Markets Act, the bloc’s competition chief Margrethe Vestager told CNBC Tuesday.

Big Reshuffle of $71 Billion ETF Looms as Nvidia Surpasses Apple

One of the world’s most prominent technology ETFs looks poised for a big rebalancing that would ramp up exposure to Nvidia Corp. (NVDA) at the expense of Apple Inc. (AAPL) – spurring billions of dollars in trading volume in one fell swoop.

Apple supplier TDK says battery breakthrough can deliver higher performance for wearable devices

Japanese electronic parts maker TDK on Monday said it had successfully developed a material for its solid-state batteries, making a breakthrough that it estimates could deliver significantly higher performance for wearable devices.

Apple partners with OpenAI to roll out new artificial intelligence system

Apple on Monday said it had partnered with OpenAI to integrate ChatGPT into its devices as it unveiled a new “Apple Intelligence” system in what chief executive Tim Cook called the “next big step” by the iPhone maker.

Apple to open first store in Malaysia as Asia expansion continues

Apple
plans to open its first store in Malaysia next month, the company said Wednesday, underscoring a bigger push into the Asia region beyond China.

Apple’s iPhone sales in China jump 52% in April, data shows

Apple’s smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government.

Apple slashes iPhone prices in China amid fierce Huawei competition

Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300 yuan ($318) on select iPhone models.

Apple Stock Rises. It May Be Bringing OpenAI to the iPhone.

Apple stock was rising Monday morning on reports that it may be considering a deal with OpenAI as it looks to build out artificial intelligence to its devices.

Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%

Apple shares climbed 7% in extended trading on Thursday after the iPhone maker reported fiscal second-quarter earnings that topped estimates and announced an expanded stock buyback program.

Apple iPhone sales drop 19% in China as demand for Huawei smartphones soars, research says

Apple saw sales of its iPhones fall 19.1% in the first three months of the year, according to data from Counterpoint Research.