The analyst discusses Apple’s June quarter earnings results and says that the upcoming iPhone 15 release is poised to be a “mini super-cycle.”
Apple slumps below $3 trillion market value as stock slides
Apple’s market value has slumped below the historic $3 trillion level after the company’s outlook for the fourth quarter sparked “worries”…
Apple beats revenue, EPS expectations; stock drops
Apple after the bell on Thursday beat Wall Street’s targets for its fiscal third quarter revenue and earning per share (EPS). Shares fell…
Apple iPhone dominates with 85% smartphone profit share
With 85% share, Apple was, by far, the single-largest contributor to profitability, up from 84% last quarter and 81% in the same quarter…
Apple halts MacBook, iPad imports into India after sudden licensing demand
Apple is among the biggest tech names freezing new imports of laptops and tablets to India after the South Asian country abruptly banned…
MacDailyNews presents live notes from Apple’s Q323 conference call
MacDailyNews presents live notes from Apple’s Q323 Conference Call with analysts starting at 2pm PDT / 5pm EDT today, August 3, 2023…
Apple beats Street with third quarter earnings
Apple today announced financial results for its fiscal 2023 third quarter. The company posted quarterly revenue of…
Apple TV+ debuts trailer for new special ‘Snoopy Presents: One-of-a-Kind Marcie’
In “Snoopy Presents: One-of-a-Kind Marcie,” we get to see firsthand how our lovable introvert, Marcie, makes a monumental difference from…
Elon Musk wants Apple to ‘adjust’ 30% App Store commission on 𝕏 subscriptions
𝕏 owner Elon Musk would like to have a word with Apple CEO Tim Cook about “adjusting” the 30% fee that Apple takes from in-app…
Pros and cons: Apple move from Lightning to USB-C on iPhone 15
Apple has long been a proponent of its own Lightning connector, but the company is finally set to make the switch to USB-C on the iPhone 15…
India mandates licensing for MacBook, iPad, other laptop, tablet imports in ‘Make in India’ push
India on Thursday said it will impose a licensing requirement for imports of MacBooks, iPads, other laptops, tablets, and personal computers…
Russia fines Apple for failure to censor ‘inaccurate’ content on Ukraine invasion
A Moscow court fined Apple 400,000 roubles ($4,274) on Thursday for not deleting “inaccurate” content about Russia’s invasion of Ukraine …
Apple’s August 3rd earnings report is especially critical to Wall Street rally
Results from Apple after Thursday’s closing bell represent the next big hurdle for the market’s tech-fueled rally…
Apple’s earnings this Thursday will be a ‘flex the muscles moment’ – analyst
Wedbush analyst Dan Ives, who rates Apple shares at “Outperform” with a $220 price target, believes that Apple’s coming earnings will be…
Apple moves conservatively on AI as other tech firms race ahead
While other tech firmss have been quick to adopt generative AI, Apple has remained relatively quiet on the subject. This is likely to be…
Apple Card’s high-yield Savings accounts surpass $10 billion in deposits
On Wednesday, Apple announced that Apple Card’s high-yield Savings account offered by Goldman Sachs has reached over $10 billion in deposits…
Stocks fall after Fitch downgrades U.S. government’s credit rating
Wall Street fell on Wednesday after rating agency Fitch’s downgraded the U.S. government’s credit rating, citing fiscal deterioration…
Apple’s 15-inch M2 MacBook Air may have MacBook Pro die-hards thinking twice
Apple in June introduced the 15-inch M2 MacBook Air, the world’s best 15-inch laptop. With an expansive 15.3-inch Liquid Retina display…
Apple likely to release new AirTag 2 in late 2024
Apple is reportedly planning to release a second-generation AirTag 2 in late 2024, according to analyst Ming-Chi Kuo…
Apple pulls dozens of generative AI apps from App Store in China ahead of CCP speech crackdown
Apple has reportedly removed over 100 AI apps from its Chinese App Store that are believed to violate the country’s new regulations on…
Apple TV+ cancels ‘Suspicion,’ starring Uma Thurman, after one season
Apple TV+ has quietly canceled its thriller series “Suspicion” after one season. “Suspicion” was a remake of Israeli drama series…
Steve Jobs’ son launches new venture capital firm to fight cancer
Reed Jobs, the son of Apple co-founder Steve Jobs, has announced the launch of a new venture capital firm called Yosemite. The firm will…
Ahead of Apple earnings, analysts see the stock going higher and higher
As Apple prepares to report earnings, Wall Street analysts are adjusting their forecasts and raising their target prices to reflect the…
Apple likely to ink deal for Pac-12 college football streaming rights
Pac-12 commissioner George Kliavkoff on Tuesday presented the conference’s leaders with a primarily subscription-based Apple streaming deal…
What to expect from Apple’s Q323 earnings results this week
Apple is expected to report its third consecutive quarterly revenue decline on Thursday. However, investors will be more interested in how Apple…
4-pack of Apple AirTags now at lowest price ever at Amazon
Millions have added them to their most important belongings. Now, a 4-pack of Apple AirTags are at their lowest price ever at Amazon…
Apple asks users why they’re disabling ‘Conversation Awareness’ on AirPods Pro
Apple’s new Conversation Awareness feature in iOS 17 automatically reduces the volume of music and switches to Transparency Mode…
Air Canada now offers Apple TV+ original programming onboard
Air Canada on Tuesday announced the expansion of its award-winning in-flight entertainment with the addition of exclusive Apple TV+ …
4 new games, including ‘Samba de Amigo: Party-To-Go,’ coming to Apple Arcade in August
This August, Apple Arcade will bring more unlimited, uninterrupted fun for players with four new games and more than 30 exciting updates…
Pixar, Adobe, Apple, Autodesk, and NVIDIA form ‘Alliance for OpenUSD’ to drive open standards for 3D content
Pixar, Adobe, Apple, Autodesk, and NVIDIA, together with the Joint Development Foundation (JDF), an affiliate of the Linux Foundation…
Apple assembler Foxconn invests $500 million in India in shift from China
Apple biggest assembler, Foxconn Technology Group, is planning to invest close to $500 million to build two component factories in India as…
Wall Street has a lot riding on Apple earnings this Thursday
Apple, after the bell on Thursday, will report fiscal third quarter earnings which, as usual, will be a consumer health bellwether and…
Apple shares hit new all-time closing high
In Nasdaq trading today, shares of Apple Inc. rose to hit a new all-time closing high. Apple’s all-time intraday high was set on…
Meta’s Threads decline echoes Google+ flop
When Threads arrived in early July, people created 100 million accounts almost immediately, funneled there straight from Instagram…
What’s fact and fiction in the ‘The Beanie Bubble’ film, starring Elizabeth Banks and Zach Galifianakis, on Apple TV+
The rise and fall of the infamous stuffed toy was the subject of Zac Bissonnette’s 2015 book, “The Great Beanie Baby Bubble: Mass…
Apple swears Apple Vision Pro developers to strict secrecy policy
Apple is taking no risks with the release of its hotly-anticipated $3,500 headset, the Vision Pro. Developers are being offered the chance…
Next-gen Apple Watches to feature new S9 chip with considerable performance increase
The Apple Watch Series 9 and second-generation Apple Watch Ultra should see a considerable increase in performance, with 2023’s wearable…
Will Apple automatically update users’ movie libraries to 3D for Apple Vision Pro?
An peek into Apple Vision Pro code reveals a “Play 3D” option. Apple may plans on automatically upgrading users’ libraries to 3D when such…
Buying AAPL hand over fist; why Warren Buffett is such a big fan of Apple
Apple is an exceedingly well run company with attractive profit margins, a wide economic moat, and a loyal customer base. Warren Buffett …
Piper Sandler ups Apple stock price target to $220
Piper Sandler analyst Harsh Kumar in a note to clients on Monday upped the firm’s Apple price target to $220, up from its $200 target…
Apple’s iPhone 15 Pro and iPhone 15 Pro Max will sport ultra-thin bezels
When Apple’s iPhone 15 Pro and iPhone 15 Pro Max arrive in a few months, they will sport ultra-thin bezels that bring iPhone closer to truly…
Apple working to fix unexpected resets to Screen Time parental controls
Apple’s Screen Time controls are failing parents. Parents are finding that when they use their iPhones to set restrictions…
