Apple Financial News

Bloomberg. “The new Macs are underway at a critical time. After peaking in 2022, Mac sales fell 27% in the last fiscal year, which ended in September.

Reporters Without Borders says one of its representatives was denied entry into Hong Kong, calling it a “new decline” in the city’s press freedoms

Killers of the Flower Moon," Lily Gladstone announces the release dates for her next film, "Fancy Dance." This Apple movie follows her powerful performance as Mollie Kyle, offering a new, emotional journey for the talented actor.

Apple TV+ series, inspired by Sandra Barneda's novel, to debut June 26 with a global release of the first two episodes.

Do you own or have you ever owned an iPhone 6 or 7? You might be eligible for a payout from Apple under a Canada-wide class-action settlement worth up to $14.4 million.

US economy is on track for a soft landing, but there are plenty of risks that could change the trajectory. “We like taking profits on technology and moving toward other sectors," the official told Bloomberg in an interview. In the tech industry, “the risk-reward profile is skewed to the downside," she added.

EU legislation forced Alphabet's Google, Microsoft and Apple to make it easier for users to switch to rivals, according to data provided to Reuters by six companies. The early results come after the EU's sweeping Digital Markets Act, which aims to remove unfair competition, took effect on March 7, forcing big tech companies to offer mobile users the ability to select from a list of available web browsers from a «choice screen.»

Apple Watch Series 10 will feature a new type of OLED screen called low-temperature polycrystalline oxide (LTPO), coupled with thin-film transistor (TFT) technology. This upgrade in display technology is anticipated to enhance the efficiency of the device, ensuring longer battery life compared to its predecessor, the Apple Watch Series 9. The report indicates that Apple is shifting away from the use of low-temperature polycrystalline silicon (LTPS) technology in most of its switching transistors for the Series 10.

Apple has hit the headlines in India, ToI reported on April 10. Offline mobile retailers in the country — represented by the All India Mobile Retailers Association (AIMRA) – have been left fuming over what they termed as «discriminatory pricing» by the iPhone maker. AIMRA is a forum representing 1,50,000 mobile phone retailers.

NEW DELHI : The ministry of corporate affairs has extended the timeline for consultations on the draft Digital Competition Bill, as well as the report filed by the committee on digital competition law, to 15 May. The Bill and the CDCL report propose a standalone regulation on tackling big tech firms, and the impact of their market might in India.

Pegatron is in advanced talks to sell a majority stake in its iPhone manufacturing unit near Chennai to Tata group, people aware of the matter told ET. «The deal is expected to be completed in the coming two to three months, or, (at the) latest, by the second quarter of the fiscal year,» said one of the persons. «However, as of now, it's unclear if this will be a Wistron-type buyout or a joint venture.» Both options are said to be on the table. Wistron, like Pegatron and Foxconn, is a Taiwan-based contract manufacturer for Apple. Tata group acquired its local operations for $125 million (₹1,000 crore) in November last year, becoming the first Indian company to manufacture iPhones.

Apple proposal would comply with their order to let Spotify and other music streaming services inform users of payment options outside its App Store, the European Commission said on Monday. The iPhone maker risks antitrust charges and fresh fines if its proposal announced last Friday fails to satisfy the EU competition enforcer, which issued its order together with a 1.84 billion euro ($2 billion) fine last month

Wells Fargo raised its year-end target for US benchmark S&P 500 index to 5,535 on Monday — the highest among Wall Street brokerages — citing optimism around artificial intelligence and a potential easing of borrowing costs. The index has gained 9% so far this year, broadly boosted by expectations of interest rate cuts and investor frenzy around the AI boom.

Specifications of Apple MacBook Air Laptop Reasons to buyReasons to avoid The HP Pavilion 14 features a 12th Gen Intel Core i5-1235U processor with Intel Iris Xe graphics, making it a top performer for various tasks. Its 14-inch Full HD display paired with 16GB DDR4 RAM and a 512GB SSD promise smooth multitasking and enough storage for all your needs. Bonus features include a fingerprint reader, backlit keyboard, and B&O-tuned audio.

EU antitrust regulators are checking to see if an Apple proposal would comply with their order to let Spotify and other music streaming services inform users of payment options outside its App Store, the European Commission said on Monday. The iPhone maker risks antitrust charges and fresh fines if its proposal announced last Friday fails to satisfy the EU competition enforcer, which issued its order together with a 1.84 billion euro ($2 billion) fine last month

Apple is reaffirming its commitment to India. Its contract manufacturers and suppliers, including Foxconn, Tata and Salcomp, are planning to build more than 78,000 homes for their employees, ET has reported. India's Central and state governments will partly fund the project. With this huge housing project, Apple is indicating it is deepening its roots in India. Housing for workers has been a key part of the Apple ecosystem in China. Also Read: Apple Awas Yojana: Apple ecosystem pivots to housing factory workers after job boom

₹9 lakh (ex-showroom). Chairman Anand Mahindra has shared a teaser on X, providing a glimpse of what is to come with the XUV 3XO.

SPIVA) India Scorecard. It shows that a large chunk of actively managed Indian equity mutual funds underperformed their benchmarks. Many advocate for lowercost index funds and ETFs citing such studies. However, investors should understand that knee-jerk reactions concerning long-term investment plans are best avoided. Ultimately, the choice of active, passive, or both should be determined by individual preferences. Most active funds lagging Active equity funds rely on managers’ decisions, while passive funds attempt to track indices efficiently. As per SPIVA, five out of 10 large-cap funds underperformed the S&P BSE 100, while over 73% of mid- and smallcap schemes lagged the S&P BSE 400 MidSmallCap in 2023. ELSS funds did better, with 30% underperforming the S&P BSE 200. Longer-term data (see table) reveals various nuances about the frequency of underperformance.

Apple TV+, promising more laughs, drama, and philanthropic adventures with Maya Rudolph. Fans of the show can remember correctly that it's been a whirlwind journey since Molly Wells vowed to distribute $120 billion in the Season 1 finale of "Loot," but now, as Season 2 of the Apple TV+ comedy unfolds will the Wells Foundation fulfill her ambitious pledge?

As South Koreans prepare to vote for a new 300-member parliament next week, many are choosing their livelihoods and other domestic topics as their most important election issues

Apple is laying off more than 600 workers in California, marking the company’s first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation