Apple Inc. unveiled a new credit card in partnership with Goldman Sachs Group Inc., a video-game subscription service and a news-subscription app, all part of a suite of services the tech giant is announcing Monday […]
Apple Inc, in a surprise move on Monday, launched a new 10.5-inch iPad Air and updated its iPad Mini ahead of a March 25 event where it is expected to launch a television and video […]
Music-streaming service Spotify Technology SA has filed an antitrust complaint in Europe against Apple Inc., a new salvo in the broader battle over how and whether to rein in alleged wrongdoing by tech giants. Spotify’s complaint, filed late Monday to the antitrust arm of the European Union, alleges that Apple in recent years has abused its control over which apps appear in its App Store. The restrictions, Spotify claims, are designed to restrict music-streaming services that compete with Apple’s own Apple Music.
Apple reported 19.9 per cent decline in shipments in China in the fourth quarter, but climbed one place to No. 4 in smartphone shipments after Xiaomi did even worse, tumbling 34.9 per cent during the same period.
IPhone maker may need to break with past practices and become more price-competitive to get out of its growth woes
Apple stocks tumble after company cuts forecasts for key quarter. Tim Cook cites unforeseen magnitude of economic slowdown in China in a letter to shareholders explaining the change
Tech giant used much of its windfall from tax overhaul to buy back shares, but recent plunge in stock prices makes strategy look like a bad idea
Foxconn, which already makes phones for Xiaomi Corp in India, will invest 25 billion Indian rupees ($356 million) to expand the plant, including investment in iPhone production. For Apple, widening assembly beyond China is critical to mitigate the risks of the Sino-U.S. trade war.
Chinese court ordered Apple to stop selling older iPhone models in the country after finding the tech giant infringed on two patents held by Qualcomm, the chip supplier said.
The deal could help Apple find and develop exclusive artists for Apple Music, helping it stand apart from competitor Spotify.
Apple is having its worst month since the financial crisis. Monday’s losses pulled Apple stock back into a bear market.
An adverse investor reaction to its Apple’s outlook for the holiday season and concerns about less transparency in future financial reports sent the iPhone maker’s market capitalisation below $1tn and shares into correction territory during after-hours trade.
StockMarketNews.Today – After another turbulent week of trading worldwide, there’s a lot to keep investors on edge in the week ahead.
StockMarketNews.Today – What to Expect When Apple Debuts New iPads and Macs Next Week.
Macs and iPads have larger screens and keyboards, more versatile software and typically faster processing speeds than iPhones.
StockMarketNews.Today – The flagship model, the iPhone Xs, will cost $999. Another, larger model, the Xs Max, will cost $1,099. Apple will also unveil a “budget” phone for $749. They will be available in stores on September 21.
StockMarketNews.Today – Top US intelligence chiefs have issued a stark warning about ongoing Russian efforts to interfere in the upcoming US midterms. Dan Coats, director of national intelligence, said on Thursday that the US continued “to see a pervasive messaging campaign by Russia to try to weaken and divide the United States”.
StockMarketNews.Today – Data from Bloomberg show Chinese equities were worth $6.09tn as of Thursday’s close, while Japan’s market was valued at $6.16tn. The US remained the biggest stock market at $31tn.
StockMarketNews.Today – Spotify’s lead over Apple’s music-streaming service in the US is narrowing, denting the air of invincibility around the recently floated pioneer.
While Spotify still holds a commanding lead globally, Apple’s faster growth rate in the world’s largest music market reflects its ability to push its services to owners of its devices, such as the iPhone.