Tag: Apple

Apple Heads for Strongest June-Quarter Sales Growth in Five Years

Apple is on track for its strongest June-quarter sales growth in five years, driven by resilient iPhone demand and its expanding services business.

Jefferies Downgrades Apple to Underperform as All-Glass iPhone Reportedly Canceled

Jefferies downgraded Apple to underperform after supply chain checks suggested the company scrapped plans for a premium all-glass iPhone.

Apple Tests Memory Chips from China’s CXMT to Ease AI-Driven Supply Crunch

Apple is evaluating memory chips from China's CXMT for its devices as AI-driven demand tightens global supply and pushes prices higher.

Apple Files Fresh Legal Challenge Against UK Demand for Encrypted iCloud Data

Apple has filed a new legal challenge at the Investigatory Powers Tribunal against a UK Home Office demand for back-door access to encrypted iCloud data.

Apple Warns UK App Store Proposal Amounts to Price Regulation

Apple has objected to proposed UK App Store remedies, arguing the measures amount to price regulation as regulators weigh new powers over the platform.

Apple Faces $460 Billion Selloff as Chip Shortages Cloud Growth Outlook

Apple is heading for a $460 billion market value drop, its worst post-earnings slide in 13 years, after cautious guidance tied to chip shortages.

Micron Shares Slide After Tim Cook Signals Push for More Memory Suppliers

Micron stock slid after Apple CEO Tim Cook signaled a push to diversify memory chip suppliers amid rising prices, unsettling investors betting on pricing p

Amazon Shares Surge on Strong Earnings While Apple Slides on Weak Forecast

Amazon shares jumped on strong cloud-driven earnings while Apple fell on a weak forecast, splitting sentiment across Wall Street's megacap tech sector.

Apple Shares Slide as Supply Chain Constraints Cloud Outlook in Cook’s Final Earnings

Apple shares fell as supply chain constraints and rising memory-chip prices overshadowed strong product demand in Tim Cook's final earnings report as CEO.

Apple Posts Strongest June Quarter Ever as iPhone and Mac Sales Beat Forecasts

Apple reported record June-quarter results, beating Wall Street on iPhone and Mac sales, though services revenue missed targets and shares slipped after ho

Apple Stock Wavers After Landmark $5 Trillion Milestone Tests Investor Confidence

Apple shares slide shortly after reaching a historic $5 trillion market cap, as investors weigh valuation concerns and the payoff from AI spending.

Apple’s Hybrid AI Strategy Is a ‘Competitive Weapon,’ Tim Cook Says

Tim Cook calls Apple's hybrid AI approach a competitive weapon and warns that a full Siri overhaul in China will roll out gradually amid a memory shortage.

Qualcomm Forecasts Soft Profit and Plans Price Hikes Amid Memory Shortage

Qualcomm forecast soft quarterly profit and said it will raise chip prices amid a memory shortage, as revenue from Apple continues to decline.

Apple Becomes Second Company to Reach $5 Trillion as Investors Retreat from AI Stocks

Apple became the second company to touch a $5 trillion valuation as investors rotated out of AI and semiconductor stocks amid a broader tech sell-off.

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