#apple

Apple Inc. (NASDAQ) is gearing up to release iOS 18.1 and a groundbreaking AI feature known as Apple Intelligence, marking a pivotal shift in its strategy by moving away from the traditional annual upgrade cycle. This change comes as the company faces growing concerns over declining iPhone...

Apple has officially stepped back from discussions to join OpenAI’s latest funding round, which aims to raise up to $6.5 billion. This move would have marked a rare collaboration for Apple, known for its conservative investment approach in external Silicon Valley companies. Despite Apple’s exit...

In a significant market event, Wall Street is set to shuffle $250 billion of shares due to quarterly index rebalancing, coinciding with a "triple witching" trading day. This reshuffle, the busiest in nearly four years, will see an increased weighting for Apple Inc. in major benchmarks following...

Apple’s stock tumbled nearly 3% on Monday following concerns that the new iPhone 16 Pro models are seeing softer demand than anticipated. Several analysts noted that delivery times for the latest iPhones are shorter compared to last year's iPhone 15 Pro, which may signal weaker consumer...

Apple is preparing for its highly anticipated "Glowtime" event on September 9, 2024, at its Cupertino headquarters. The company is expected to introduce four new iPhones, the tenth-anniversary edition of the Apple Watch, and upgraded AirPods. While the hardware reveals are important, the...

Apple Inc.’s stock has surged significantly ahead of its upcoming iPhone release, fueled by high expectations for its artificial intelligence (AI) features. Historically, Apple shares have experienced declines following iPhone launches, and September has proven to be a particularly challenging...

Apple has announced that Luca Maestri, its long-serving Chief Financial Officer, will step down from his role on January 1, 2025. In a planned succession, Kevan Parekh, currently Vice President of Financial Planning and Analysis, will assume the CFO position and join Apple’s executive...

In a significant legal setback, Google (GOOG, GOOGL) was dealt a blow as Judge Amit Mehta of the District of Columbia ruled in favor of the Department of Justice in an antitrust case against the tech giant. This ruling not only threatens Google's search and advertising business but also puts a...

Key Details: Stake Reduction: Berkshire Hathaway, led by Warren Buffett, sold nearly half of its stake in Apple Inc. during the second quarter of 2024. The remaining stake is valued at approximately $84 billion, down from about $140 billion. This decision has led to mixed interpretations, with...

Apple (AAPL) surpassed analysts expectations for the third quarter, reporting an EPS of $1.40 on revenue of $85.5 billion, compared to the anticipated $1.35 EPS and $84.4 billion revenue. However, iPhone sales declined year-over-year, totaling $39.2 billion, short of last year's $39.6 billion...

Key Takeaways: Apple's highly anticipated AI features will not be included in the initial launch of its upcoming iPhone and iPad software updates. Apple plans to release Apple Intelligence in October as part of software updates, a few weeks after the September launch of iOS 18 and iPadOS 18...

STMicroelectronics NV (NYSE: STM), a key supplier for Tesla Inc (NASDAQ: TSLA) and Apple Inc (NASDAQ: AAPL), reported its fiscal second-quarter 2024 earnings, revealing a significant revenue decline of 25.3% year-on-year to $3.23 billion, slightly above the analyst consensus estimate of $3.20...