Tag: $Apple

BEIJING (Reuters) — Apple saw a decline in the number of iPhones sold during China’s recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi, which recorded robust increases.

Apple reported fiscal fourth-quarter earnings on Thursday that beat analyst expectations for sales and earnings per share, but revealed that overall sales fell for the fourth quarter in a row. Every hardware business outside of the iPhone declined year over year, with big drops in the iPad and Mac segments.

AAPL 0.85% could suffer collateral damage from the Department of Justice lawsuit against Google, which alleges that the company competes unfairly in the market for internet search.

People flocked to a flagship Apple store in downtown Beijing on Friday morning to pick up the latest iPhone, despite market worries that nationalistic fervor would dampen the U.S. company’s sales in China.

Apple hiked the prices of its latest iPhones in some of its key markets including China, Japan and India, even as it kept prices the same in the U.S.

Wall Street will be paying close attention to timing and pricing moves for the new phones

Qualcomm  said Monday that it will supply Apple with 5G modems for smartphones through 2026.

China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base.

Foxconn , which makes Apple  iPhones, reported a decline in profits in the second quarter, but still managed to beat expectations.

Apple (AAPL.O) and Samsung Electronics (005930.KS) will invest in SoftBank Group (9984.T)-owned chip designer Arm at its initial public offering (IPO), expected in September, Japan’s Nikkei newspaper reported on Tuesday.

– Apple on Thursday forecast that a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter.

Apple stock popped briefly Wednesday after a report said the company was developing its own AI large language model internally.

Apple on Tuesday launched an online store on Tencent’s WeChat messaging app in China.

Shares in one of Apple AAPL –0.78% ’s most important suppliers tumbled Wednesday after Foxconn Technology 2354 –1.83% , the world’s largest contract electronics manufacturer, revealed a plunge in revenue last month amid weakness in the smartphone segment.

Apple has been forced to make drastic cuts to production forecasts for the mixed-reality Vision Pro headset, unveiled last month after seven years in development and hailed as its most significant product launch since the iPhone.

Apple announced its mixed-reality headset, the Vision Pro, on Monday during its WWDC developer conference. The $3,499 headset is its first major new product since the Apple Watch in 2014.

Apple Inc. is widely expected to announce on Monday a new mixed-reality headgear at its annual Worldwide Developers Conference in California.

Apple has stopped some of its employees from using ChatGPT, just as the chatbot launches as an application on iPhones.