Former “Deadwood” actor Brent Sexton is suing Apple Studios, alleging the company rescinded an offer to have him star in a new series…
Tag: COVID
Apple supplier Foxconn replaces iPhone assembly chief
Major Apple assembler Foxconn Technology Group has replaced the chief of its iPhone assembly business after a tumultuous year in China…
CCP releases all ‘high-risk’ COVID zones from lockdown in China
The Chinese Communist Party (CCP) has slashed the number of locations deemed “high risk” COVID zones inChina, re-opening locked down…
Major Apple assembler Foxconn’s China ‘iPhone City’ lifts ‘closed-loop’ COVID restrictions
Major Apple assembler Foxconn’s COVID-hit Zhengzhou facility in China lifted its “closed-loop” COVID restrictons on Thursday…
Stock futures fall on growing recession fears
U.S. stock index futures fell on Wednesday after warnings of a looming recession from major Wall Street bankers offset any optimism…
Foxconn sees China iPhone plant beset by CCP ‘Zero COVID’ restrictions back at full output within weeks
Apple assembler Foxconn expects its “iPhone City” assembly campus in Zhengzhou, China which has repeatedly been beset by the CCP’s…
China’s CCP caves on ‘Zero COVID’ nonsense after protests; softens tone on COVID severity
The Chinese Communist Party has caved and is now softening its stance regarding the severity of COVID-19 and has begun the process…
Piper Sandler cuts estimates for Apple’s December quarter over CCP ‘Zero COVID’ crackdowns
Piper Sandler analysts on Thursday cut their estimates on revenue and iPhone sales Apple’s December quarter (fiscal Q123), as the CCP…
Apple shares fall after analyst warns China COVID protests could drop iPhone shipments by 20%
After TFI Asset Management analyst Ming-Chi Kuo on Tuesday slashed his iPhone shipment estimates citing protests in China, Apple shares …
iPhone assembler Foxconn dangles big bonuses to entice workers amid CCP’s ‘Zero COVID’ lockdowns
Apple’s main iPhone assembler Foxconn is offering big bonuses to entice workers back to its Zhengzhou, China factory after the CCP…
LBRY: Apple forced us to censor over 20 terms related to COVID-19
After Elon Musk revealed that Apple was significantly decreasing its advertising on Twitter, ostensibly due to Musk’s stance of free speech…
Foxconn is paying Chinese workers unhappy over COVID restrictions $1,400 to leave
Workers protesting yet another futile round of the CCP’s quixotic “Zero COVID” lockdowns at Foxconn’s “iPhone City” assembly campus…
Foxconn iPhone factory workers clash with police at COVID-restricted plant in China
Foxconn workers at the world’s biggest iPhone assembly plant clashed with police after protests erupted at the factory in central China…
Apple iPhone 14 Pro supply woes due to China’s COVID lockdowns could push $3 billion in sales into next quarter
Apple’s iPhone 14 Pro supply continues to be negatively impacted by CCP-mandated COVID-related production slowdowns at Foxconn’s…
CCP’s Xi Jinping gives up the ghost on China’s ‘Zero COVID’ pipe dream
Chinese President Xi Jinping has decided this week to entertain some measure of reality and do away with the CCP’s authoritarian approach…
Apple assembler Foxconn hires over 100,000 workers in iPhone factory hit by CCP COVID restrictions
Apple assembler Foxconn has hit a hiring target of 100,000 new workers for its “iPhone City” assembly factory in Zhengzhou, China…
Apple’s iPhone 14 Pro and iPhone 14 Pro Max ship times slip past Christmas
Apple’s website now indicates that iPhone 14 Pro and flagship iPhone 14 Pro Max ship times in the U.S. have started slipping past Christmas…
Chinese authorities call on retired soldiers to take stints at Foxconn’s iPhone plant
Authorities in China’s Henan province are urging retired soldiers and government workers to take on stints at Foxconn’s iPhone factory in…
Morgan Stanley trims iPhone 14 Pro output estimates
Apple’s most in-demand iPhones this year, the premium Pro models, will fall short of earlier shipment estimates by 6 million units, due to…
Apple assembler Foxconn records 5% rise in Q3 profit, foresees flattish Q4
Apple iPhone assembler Foxconn said on Thursday it expected flattish revenue in the fourth quarter, as the company grapples with CCP COVID…
Stocks drop, dollar strengthens as markets eye U.S. inflation data
Stock prices dipped as the dollar strengthened on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s interest…
Apple assembler Foxconn offers bonuses to lure back workers who fled over CCP COVID lockdowns
Apple supplier Foxconn is hoping to lure workers back to its biggest manufacturing plant in Zhengzhou, China, by offering one-time 500 Yuan…
Analyst sees silver lining in Apple’s iPhone 14 Pro supply issue; maintains $200 price target
In a statement released on Sunday, Apple warned that it expects lower than anticipated shipments of iPhone 14 Pro and iPhone 14 Pro Max…
CCP’s ‘Zero COVID’ policy hits vulnerable China-dependent Apple
Apple warned that it expects lower than anticipated shipments of iPhone 14 Pro and iPhone 14 Pro Max than previously anticipated following…
Apple warns: Due to China’s COVID lockdowns, expect lower iPhone 14 Pro and Pro Max shipments previously anticipated
Apple expects lower than anticipated shipments of iPhone 14 Pro and iPhone 14 Pro Max than previously anticipated following a significant…
Apple supplier Foxconn quadruples bonuses to staff hit by yet another China COVID lockdown
Apple assembler Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its iPhone assembly plant in central China as…
Apple iPhone production at Chinese Foxconn factory could fall 30% amid COVID restrictions
Production of Apple’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening…
Apple stock slips as iPhone assembler Foxconn shifts production in China over COVID outbreak
Foxconn, Apple’s main iPhone assembler is preparing to shift production to other parts of China afterworkers began fleeing its main…
Apple assembler Foxconn faces logistics disarray from China’s quixotic ‘zero-COVID’ lockdowns
Apple assembler Foxconn said it faces logistics disruptions and other challenges in China stemming from the CCP’s stringent COVID-19 …
Apple’s China engineers keep products flowing amid CCP’s draconian COVID lockdowns
Prior to the CCP’s various responses to COVID, Apple sent hundreds of U.S. engineers each month to China to oversee the contract…
Apple assembler Foxconn says no change to production as China ratchets up quixotic ‘zero-COVID’ quest
The CCP has shut down dozens of metro stations and bus routes in Bejing as it ratchets up its quixotic quest to achieve zero-COVID …
CDC tracked millions of Amercians’ phones to monitor vaccination, lockdown compliance
The CDC used location data from tens of millions of Americans’ phones to track compliance with lockdown and vaccination mandates…
This time, cyclicality works in Apple’s favor
Apple’s third fiscal quarter ending in June is typically the company’s slowest, thanks mostly to its pattern of launching new iPhones and…
Apple’s supply chain issues might not be that bad, Wall Street says
Analysts say Apple’s supply crunch looks to be only temporary, occurring during Apple’s slower time of the year, and the company’s…
Apple’s headwinds are ‘transitory,’ analysts say
Following Apple’s record second quarter earnings report on Thursday, analyst Harsh Kumar said the issues with Apple are “transitory” and its…
China’s quixotic ‘zero-COVID’ quest pushes February MacBook Pro orders into June
Customers who ordered a MacBook Pro with an M1 Max chip in February are being notified that their new Macs aren’t coming until June…
Half of Apple’s suppliers at risk in China due to quixotic ‘zero-COVID’ lockdown quest
Half of Apple’s 200 top suppliers have facilities in and around Shanghai, China where the CCP’s quixotic quest for “zero-COVID” has caused…
‘iPhone City’ in China is operating normally despite quixotic COVID lockdowns
The world’s biggest iPhone assembly campus, know colloquially as “iPhone City,” on the outskirts of Zhengzhou in central China…
Apple MacBook assembler joins 30+ plant closures due to China’s draconian COVID restrictions
More than 30 Taiwanese companies have now halted production in the electronics hubs of eastern China to comply with CCP COVID restrictions…
China’s quixotic quest for ‘Zero-COVID’ is a concern for Apple
Apple’s bet on China looks increasingly risky, especially amid the country’s lockdowns in a quixotic quest for “Zero-COVID.”
Apple assembler Foxconn partially resumes production in Shenzhen after COVID disruption
Taiwan-headquartered Apple assembler Foxconn has partially resumed production on campuses that include both employee housing and…
Apple has ‘manageable but significant’ exposure to latest China COVID lockdowns – analyst
Apple investors have a new concern: lockdowns in response to rising COVID-19 cases in key manufacturing areas in China could impact…
