Apple
The Latest
-
Apple Puts Brakes on Electric Car Dream, Steers Toward AI Future
Apple Inc. has officially pulled the plug on its ambitious yet secretive endeavor to develop an electric car, marking a significant shift in the tech giant's foray into automotive technology. Apple Inc. has officially pulled the plug on its ambitious yet secretive endeavor to develop an electric car, marking a significant shift in the tech giant's foray into automotive technology. -
Apple Sets New Standard in Messaging Security with Quantum-Resistant Encryption
In a significant move to fortify its iMessage application, Apple Inc. is introducing an advanced cryptographic protocol, PQ3, aimed at safeguarding user communications against potential quantum computing assaults. In a significant move to fortify its iMessage application, Apple Inc. is introducing an advanced cryptographic protocol, PQ3, aimed at safeguarding user communications against potential quantum computing assaults. -
Apple Warns Against Using Rice for Wet iPhones, Suggests Safer Alternatives
For decades, the go-to remedy for a waterlogged iPhone has been as simple as reaching into the pantry-a bag of rice. This homegrown solution, backed by countless anecdotes, suggests that rice can miraculously revive phones from liquid mishaps by drawing out moisture. Yet, this method, woven into the fabric of digital folklore, faces scrutiny from none other than Apple itself. For decades, the go-to remedy for a waterlogged iPhone has been as simple as reaching into the pantry-a bag of rice. This homegrown solution, backed by countless anecdotes, suggests that rice can miraculously revive phones from liquid mishaps by drawing out moisture. Yet, this method, woven into the fabric of digital folklore, faces scrutiny from none other than Apple itself. -
Apple Explores Foldable iPhone Prototypes Amid Shifts in Smartphone Innovation
Sources familiar with the matter have revealed that Apple is currently developing at least two prototypes of foldable iPhones, reminiscent of a clamshell design. The tech giant has reportedly reached out to at least one manufacturer in Asia to seek components for two different sizes of foldable smartphones. Sources familiar with the matter have revealed that Apple is currently developing at least two prototypes of foldable iPhones, reminiscent of a clamshell design. The tech giant has reportedly reached out to at least one manufacturer in Asia to seek components for two different sizes of foldable smartphones. -
Apple Reports Strong Earnings Amidst China Sales Slump and iPhone Sales Stagnation
Apple Inc. provided a detailed account of its fiscal first-quarter performance. While the tech giant exceeded Wall Street's expectations with earnings per share of $2.18 against the anticipated $2.10 and reported revenue of $119.58 billion surpassing the forecast of $117.91 billion, the announcement was marred by a significant 13% decline in sales in China. Apple Inc. provided a detailed account of its fiscal first-quarter performance. While the tech giant exceeded Wall Street's expectations with earnings per share of $2.18 against the anticipated $2.10 and reported revenue of $119.58 billion surpassing the forecast of $117.91 billion, the announcement was marred by a significant 13% decline in sales in China. -
Apple Stock Upgraded to 'Buy' by BofA: Vision Pro and AI Innovations Fuel Optimism
Apple Inc. (AAPL) received a crucial endorsement from Bank of America (BofA), with analyst Wamsi Mohan upgrading the tech giant's stock from Neutral to Buy and raising the price target from $208 to $225. This upgrade, a departure from the recent series of downgrades by Wall Street analysts, propelled Apple's shares up nearly 3% by midday Thursday. Apple Inc. (AAPL) received a crucial endorsement from Bank of America (BofA), with analyst Wamsi Mohan upgrading the tech giant's stock from Neutral to Buy and raising the price target from $208 to $225. This upgrade, a departure from the recent series of downgrades by Wall Street analysts, propelled Apple's shares up nearly 3% by midday Thursday. -
Apple's Price Cuts: A Strategy to Combat Sluggish Sales and Market Pressures in China?
On January 15, Apple China launched an unusual promotional event on its official website, offering discounts on various products from January 18 to 21. This included a 500 yuan price reduction on all four models of the iPhone 15 series, up to 800 yuan off certain On January 15, Apple China launched an unusual promotional event on its official website, offering discounts on various products from January 18 to 21. This included a 500 yuan price reduction on all four models of the iPhone 15 series, up to 800 yuan off certain -
Apple to Shut Down San Diego AI Operations, Offers Relocation to Austin for Team
Apple Inc. is shutting down its 121-person Data Operations Annotations team in San Diego, pushing many of its employees towards either relocation or termination. This team, integral to enhancing Siri's functionality, faces a stark choice: move to Austin to join the larger part of the team there, or face termination by April 26. Apple Inc. is shutting down its 121-person Data Operations Annotations team in San Diego, pushing many of its employees towards either relocation or termination. This team, integral to enhancing Siri's functionality, faces a stark choice: move to Austin to join the larger part of the team there, or face termination by April 26. -
Apple Faces Wall Street Skepticism with Second Downgrade Amid iPhone Sales Concerns
Apple Inc., once a darling of Wall Street, is facing a wave of skepticism as concerns over iPhone sales and a weak macro environment, particularly in China, have led to a second downgrade this week. Apple Inc., once a darling of Wall Street, is facing a wave of skepticism as concerns over iPhone sales and a weak macro environment, particularly in China, have led to a second downgrade this week. -
The $107 Billion Slip: Analyzing Apple's Worst Daily Decline and Future Prospects
Apple Inc. commenced 2024 with a tremor felt across the financial world as its shares fell by 3.58% to $185.64/ADS, erasing approximately $107 billion (or 7,660 billion RMB) from its market value. Apple Inc. commenced 2024 with a tremor felt across the financial world as its shares fell by 3.58% to $185.64/ADS, erasing approximately $107 billion (or 7,660 billion RMB) from its market value.