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Wednesday, November 25, 2020

Apple Inc

APPLE INC NEWS

Apple’s shifting supply chain creates boomtowns in rural Vietnam

October 22, 2020 3:25 pm

Vietnam’s ability to attract more sophisticated manufacturing is accelerating with rising Chinese labor costs, the US-China trade war and logistics vulnerabilities amid the epidemic, which the nation’s Communist leaders have so far successfully curtailed.

Apple lobbies for lower taxes to boost US chip production

October 22, 2020 1:18 pm

Apple’s recent lobbying coincides with a push by the company and its partners to move some production away from China and even back to the US in a few cases.

Apple CEO Tim Cook impressed by remote work, sees permanent changes

September 22, 2020 11:42 am

Cook said he doesn’t believe Apple will “return to the way we were because we’ve found that there are some things that actually work really well virtually.”

Apple delivers blowout earnings amid COVID-19, market shrugs off iPhone delays

July 31, 2020 7:57 am

The fiscal third-quarter results, which included iPhone sales some $4 billion above analyst expectations, came on the same day that U.S. gross domestic product collapsed at a 32.9% annualized rate last quarter, the nation’s worst economic performance since the Great Depression.

iPhone app makers questioned in US antitrust probe of Apple

February 05, 2020 6:40 pm

Apple was accused in lawsuits last year of abusing its clout in the app market. In one case, the US Supreme Court gave the go-ahead last May to an antitrust lawsuit that accused Apple of forcing consumers to overpay for iPhone software applications.

Apple forecasts strong revenue even as iPhones drop to under half of sales

July 31, 2019 12:42 pm

Apple Inc iPhone sales dropped to less than half of quarterly revenue for the first time in seven years, but CEO Tim Cook on Tuesday described the change as successfully diversifying away from a single product and forecast results above Wall Street targets.

Apple grants $100 Million lifeline to struggling Japan display

June 28, 2019 1:24 pm

It’s been a roller-coaster month for Japan Display’s shareholders. The stock fell to near a record low on June 17 after TPK’s withdrawal, then soared 18% on Thursday after a report emerged that Apple was considering financial support.

Winners and losers in Trump's trade war with China

June 19, 2019 8:50 pm

Trump said on May 5 he would raise tariffs on $200 billion worth of Chinese goods from 10 per cent to 25 per cent, ratcheting up pressure on Beijing to agree to a deal.

Apple’s US iPhones can all be made outside of China if needed

June 12, 2019 9:33 am

According to a senior executive at Hon Hai Precision Industry Co, Apple's primary manufacturing partner has enough capacity to make all iPhones bound for the US outside of China if necessary.

Supreme Court allows lawsuit over iPhone apps

May 13, 2019 8:37 pm

New Justice Brett Kavanaugh is joining the court's four liberals Monday in rejecting a plea from Cupertino, California-based Apple to end the lawsuit over the 30 per cent commission the company charges software developers whose apps are sold through the App Store.