Apple Financial News

In a note to clients Friday, Morgan Stanley analysts assessed the DoJ vs. Google trial and why it matters to both Alphabet (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL).

Investing.com — U.S. futures traded slightly lower Friday, as investors weighed solid economic data and the possibility of more Federal Reserve rate hikes this year.

iPhone 15 Pro might see a rise in its price due to these alterations, but it is improbable that such an increase will occur. According to Tim Long, an analyst at British bank Barclays, the iPhone 15 Pro is expected to have a $100 price increase compared to the iPhone 14 Pro, which is currently priced at $999. This suggests that the starting price for the 128GB variant of the iPhone 15 Pro could be at least $1099.

China's Huawei Technologies has started presales for its high-end Mate 60 Pro+ smartphone, adding to its lineup of devices that have gained attention for the company's resilience against U.S. sanctions.

The recent reports about potential restrictions on government officials using Apple’s iPhones in China have caused a selloff in shares in recent days.

Investing.com — Apple (NASDAQ:AAPL) shares hug the flatline in premarket trading on Friday following a two-day skid sparked by reports that China is telling government officials not to use the California company's iPhone device for work. Elsewhere, two more Federal Reserve policymakers hint that the central bank may skip hiking interest rates at its September gathering, while U.S. Treasury Secretary Janet Yellen suggests that China's post-COVID economic woes may not have a «significant impact» on the United States.

A look at the day ahead in U.S. and global markets from Mike Dolan

By Sruthi Shankar

Investing.com — European stock markets edged higher Friday, as investors digested better than expected French industrial production data at the end of a difficult week.

TAIPEI (Reuters) — Taiwan's exports dropped for the 12th consecutive month in August but less sharply than expected, and may return to growth in September ahead of the year-end holiday shopping season, the finance ministry said on Friday.

ImageIO framework, posing a potential threat of arbitrary code execution when processing a maliciously crafted image. The second vulnerability resides in Wallet, creating a similar risk of arbitrary code execution when opening a maliciously crafted attachment. To safeguard your iPhone against these security vulnerabilities, it is crucial to promptly install the iOS 16.6.1 update.

Apple released a significant security update for iPhones and iPads Thursday to patch newly discovered security vulnerabilities in the devices' system software

National Australia Bank is suing You Need a Budget, a budgeting platform based in the United States, for allegedly infringing on its decades-long trademark and ignoring demands for a rebranding for over a year.

tech shares tumbling on deepening Sino-U.S. tensions, while the dollar was set to seal its longest winning streak in nine years as investors braced for U.S. interest rates to stay higher for longer. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2% in early trade and is down 1.4% for the week.

Asian markets go into the final trading day of the week unable to escape the downbeat mood rooted in worries over high U.S. bond yields, a rampant dollar, China's economic funk and now the potential inflationary impact from spiking oil prices. Brent crude oil is now higher than it was a year ago, the first time since January that year-on-year price changes have been positive.

Nasdaq fell on Thursday, with the biggest drag from Apple and weakness in chip stocks over concerns about China's iPhone curbs, while a fall in weekly U.S. jobless claims fed worries about interest rates and sticky inflation. Shares in S&P heavyweight Apple Inc fell for a second straight day on news that China had widened curbs on iPhone use by state employees, requiring staff at some central government agencies to stop using their mobiles at work. Bloomberg reported that China planned to broaden the iPhone ban to state firms and agencies. The drag from Apple, its suppliers and companies with large China exposure pushed the S&P 500 technology sector lower making it the biggest percentage decliner among the benchmark's 11 major sectors during the session. A U.S.

Indian stock market indices are likely to open on a tepid note following mixed cues from global peers. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,785 level as compared to the Nifty futures’ previous close of 19,768.

Indian stock market is expected to open on a cautious note following weak global cues amid a drop in shares of tech companies in the US. The Asian markets traded mixed, while the US stock market indices also ended mixed overnight. On Thursday, the Indian equity indices ended over half a percent higher each, extending the rally for the fifth consecutive session.

Apple Inc. is looking to stave off a crisis in China just days before the launch of its next iPhone, an already high-stakes event that will test whether new features can shake the smartphone industry out of the doldrums. The product unveiling, set to stream globally from the company’s headquarters on Tuesday, risks being overshadowed by multiple controversies in China — Apple’s largest international market.

TAIPEI (Reuters) — Shares in Taiwan's TSMC, a major Apple (NASDAQ:AAPL) supplier, dropped around 1% on opening on Friday after reports that China has widened curbs on iPhone use by state employees.

By Jamie McGeever