Calm market sentiment will see stocks rally a bit
‘I watched Leo walk over to the phone and stare directly into my eyes.’
Apple investors are likely looking for the company to use its massive cashpile to make acquisitions, and names like Netflix, Activision Blizzard, and Sonos are among the companies that JPMorgan sees as strong strategic fits.
Apple has apologised for a bug that allowed eavesdropping on iPhone devices through the FaceTime app and pledged to offer an update that will fix the issue next week.
Record sales of services like Apple Music and iCloud helped offset 15% fall in iPhone sales.
A bug discovered in the video calling app appears to allow people to listen in on others they’re calling before the call is even accepted.
The bug affects the FaceTime app.
Apple has revealed that it believes climate change will boost iPhone sales.
A patent lawsuit filed by Qualcomm against Apple was thrown out by a German court, in a reversal for the US chipmaker after it won a recent court ban on the sale of some iPhones in the country.
Apple plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, reported the Wall Street Journal.
Let’s recap the travesty that has unfolded over the past couple of days.
Tech giant Apple is the latest global company grappling with increasing Chinese consumer anxiety fuelled by an economic slump and the trade war with the US.
CEO Tim Cook issued a warning to the company’s shareholders in a letter released after the stock market closed on Wednesday.
The Munich regional court ruled that Apple and its subsidiaries had breached a European patent held by chipmaker Qualcomm.
Instagram is now the second most downloaded app.
The biggest stocks across technology and the internet, including Apple and Facebook, resumed their descent as investors continue to fret that the one-time market darlings suddenly face a darker outlook for world growth.
The taxation of multinational companies continues to generate headlines.
In a world where iPhone demand is on the wane, Apple has a plan B. As customers wait longer between upgrades and the smartphone market saturates, Apple can fall back on charging higher prices for each handset and raking in more money from services such as streaming music, digital videos, and data storage.
Apple’s disappointing earnings report sent the company’s market value tumbling below $1 trillion at one stage.
Apple yesterday said sales for the crucial holiday quarter could miss Wall Street expectations, which chief executive Tim Cook blamed on weakness in emerging markets, foreign exchange costs and uncertainty whether the iPhone maker can keep up with demand for new products.