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Monday, April 06, 2020

Apple Inc

APPLE INC NEWS

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.

Apple, luxury brands drop China prices as VAT cuts come into effect

April 02, 2019 10:13 am

Beijing said in March that it would cut taxes and fees for all companies by nearly 2 trillion yuan in 2019, with the manufacturing, transportation and construction sectors set to benefit as it looks to stimulate a slowing economy.

Apple's shift from gadgets to services tests investor patience

March 27, 2019 9:52 am

Apple's expansion beyond hardware is taking longer than some analysts expected as the company learns to wrangle new partners outside the technology industry.

Apple self-driving car layoffs are a nod to reality

January 25, 2019 11:16 am

As difficult and demanding a partner as Apple can sometimes prove to be, the greater issue was always likely to be that its autonomous technology wasn’t up to scratch. Alphabet Inc.’s Waymo now has hundreds of cars being tested and gathering data.

iPhone sales miss estimates, but sell for higher price

August 01, 2018 6:16 am

The average sales price for the devices came in at $724, beating expectations for $699 and indicating strong demand for higher-priced models like the iPhone X.