Citing reduced iPhone orders amid demand weakness, especially in China, a Wall Street analyst on Monday slashed its Apple price target…
Tag: Apple
Stock market’s ‘Magnificent Seven’ is really now the Fab Four as Apple, Alphabet, and Tesla sputter
Even as the stock market is heads higher, the “Magnificent Seven” trade is beginning to fizzle, with Apple, Alphabet, and Tesla sputtering…
How Apple devices powered by Google’s Gemini AI might work
A Siri that actually works reliably. AI image editing. Smart “snapshots” of your day Experts forecast how Apple might use Google’s Gemini …
Global smartphone shipments to see rebound in 2024; steady iPhone demand to drive Apple’s growth – Counterpoint
Global smartphone shipments in 2024 are expected to record a modest rebound of 3% YoY to reach 1.2 billion units, according to…
Tim Cook’s outdated China playbook may bite Apple
Apple CEO Tim Cook’s recent all-smiles charm offensive in China is the latest in a long parade of Western business leaders in recent…
Can Apple and AI make Baidu cool again?
China’s search leader Baidu has long been viewed as an also-ran, but an Apple deal for AI alongside shifting political and technological…
Baidu reportedly set to become Apple’s generative AI model provider in China
Chinese state media reported Baidu was set to become Apple’s local generative AI model provider for Mac, iPhone, iPad, and other devices…
Apple CEO Cook to dine with Xi Jinping in China this week
CEOs of 100 or so multinational giants such as Apple CEO Tim Cook, who has plans to dine with Chinese Communist Party leader Xi Jinping…
EU opens non-compliance investigations against Apple, others under Digital Markets Act
Monday, the EU’s European Commission has opened non-compliance investigations under the Digital Markets Act (DMA) into Apple’s rules…
Jim Cramer throws cold water on DOJ’s lawsuit against Apple, calls it a ‘buying opportunity’
CNBC’s Jim Cramer threw cold water on the U.S. DOJ’s antitrust case against Apple, calling this action a buying opportunity for AAPL stock…
U.S. Justice Department poised to sue Apple for antitrust violations
The U.S. Justice Department is poised to sue Apple as soon as Thursday, accusing the company of violating antitrust laws by blocking rivals…
Meta, Microsoft, X, and Match file legal petition protesting Apple’s App Store policies
Meta Platforms, Microsoft, X, Match filed a legal petition protesting Apple’s App Store policies, complaining about how Apple is…
Apple’s scramble to catch up in AI could crimp profit margins – Gene Munster
Apple’s frenzied scramble to catch up to other tech firms in the field of artificial intelligence (AI) likely will pressure its profits…
Apple CEO Cook visits Shanghai with iPhone sales under pressure in China
On a visit to China that comes amid a drop in iPhone sales, Apple CEO Tim Cook touted China’s importance in the firm’s supply chain…
Any Apple – Google generative AI tie-up likely to draw regulatory scrutiny
Apple, which was caught flat-footed in AI, especially generative AI, is in talks to license Google’s Gemini large language model (LLM)…
Apple looks to license Google Gemini for iPhone, generative AI tools
Apple is in talks to build Google’s Gemini artificial intelligence engine into iPhone, iPad, and other platforms, people familiar with the…
Apple expands ‘Restore Fund’ new nature-based ‘carbon removal’ projects with TSMC and Murata
On Wednesday Apple welcomed TSMC and Murata Manufacturing as new investors in the Restore Fund a project dedicated to “carbon removal” from…
Epic Games accuses Apple of violating App Store injunction, seeks contempt order in U.S.
Epic Games, which makes the video game “Fortnite,” on Wednesday urged a federal judge to hold Apple in contempt for allegedly violating…
U.S. appeals court dismisses child labor case against Apple, other tech companies
A U.S. federal appeals court on Tuesday refused to hold Apple and four other major technology companies liable over their alleged support…
Apple iPhone takes 51.9% share of Japan’s smartphone market
According to International Data Corporation ’s (IDC) Worldwide Quarterly Mobile Phone Tracker, in 2023Q4, Japan’s shipments of mobile…
Apple can shrug off the EU’s $2 billion fine
The EU’s $2 billion (1.84 billion euro) fine, revealed on Monday, is nearly four times higher than observers expected. Still, the $2.7T…
Apple’s iPhone sales in China fell 24% YoY in the first six weeks of 2024 – Counterpoint
Apple’s iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the…
Apple to pay $14.4 million to settle ‘Batterygate’ lawsuit in Canada
A Canadian court in British Columbia has given its approval for a settlement to end a class-action lawsuit over alleged iPhone throttling;
Apple on EU’s $2 billion fine: ‘Spotify pays Apple nothing’
Apple on Monday released a statement, “The App Store, Spotify, and Europe’s thriving digital music market,” which addresses the…
EU hits Apple with $2 billion antitrust fine
Apple was hit with a 1.84-billion-euro ($2 billion) EU antitrust fine on Monday, its first ever, for its App Store rules preventing Spotify…
Apple to disclose AI plans later this year, CEO Cook tells shareholders
Apple CEO Tim Cook said during the company’s annual shareholder meeting on Wednesday that the company plans to disclose more…
Apple met with U.S. Department of Justice in final bid to avoid antitrust suit
Apple representatives met with the U.S. Department of Justice last week in a final bid to persuade the agency not to file an antitrust suit…
Microsoft offered to sell Bing to Apple when pitching default search deal
Microsoft, the world’s most valuable company, offered to sell Bing to Apple in 2018, or form a joint venture related to the search engine…
Today is the 69th anniversary of Steve Jobs’ birth
Steve Jobs was born on February 24, 1955. Today would have been his 69th birthday, had the co-founder of Apple Inc. had not succumbed to…
Apple reveals new details about Spotify’s business
The fine is expected to be around $539 million. Ahead of the expected fine, Apple has revealed new details about Spotify’s business…
Apple pulls Pray.com app from App Store in China
The Pray.com app is being removed from the Apple App Store in mainland China. Pray.com is the world’s No.1 app for daily prayer and Bible…
Apple and the rest of ‘The Magnificent Seven’ dominate the S&P 500
The U.S. stock market is nearly the most concentrated it has ever been – the only exception being the late 1920s (gulp) – with the top five…
Epic Games whines over Apple’s demand for $73 million in legal fees
“Fortnite” maker Epic Games is complaining to a U.S. judge that Apple “completely overreached” in demanding that it pay legal fees totaling…
U.S. Supreme Court declines to review Apple’s win against $503 million VirnetX patent verdict
The U.S. Supreme Court on Tuesday declined to hear patent-licensing company VirnetX’s bid to revive a $502.8 million jury verdict it won…
Former Apple engineer who stole Project Titan trade secrets sentenced to 120 days in prison
Xiaolang Zhang, a former Apple engineer who pled guilty to stealing Project Titan trade secrets, was this week sentenced to 120 days…
Spain’s high court suspends $209 million fines on Apple, Amazon amid appeal
Spain’s high court has suspended 194 million euros ($209 million) in fines imposed on Apple and Amazon by the local antitrust watchdog…
‘Trying’ season four premieres May 22nd on Apple TV+
“Trying,” the heartwarming, critically acclaimed comedy starring BAFTA Award nominee Esther Smith and SAG Award nominee Rafe Spall…
Apple is No.1 on Fortune’s ‘World’s Most Admired Companies’ list
Apple is No. 1, Microsoft No. 2, and Amazon No. 3 on Fortune’s annual “World’s Most Admired Companies” list…
Norway wealth fund posts record $213 billion profit, driven by Apple, tech stocks
Norway’s $1.6 trillion sovereign wealth fund, the world’s largest, reported on Tuesday a record profit of 2.22 trillion crowns…
Two years after Apple, Microsoft hits $3 trillion market value
Microsoft’s market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most…
Apple retakes title of world’s most valuable public company from Microsoft
Well, that didn’t take long. Apple passed Microsoft in Monday trading to reclaim the title of the world’s most valuable public company…
Apple poised to retake title of world’s most valuable company from Microsoft
Apple is poised to retake the title of the world’s most valuable company from Microsoft after ceding the mantle last week…
