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Tag: Apple

Apple faces $1.1bn in tariff costs as trade tensions escalates
News

Apple beats expectations, announces $110bn share buyback

Apple, the tech giant, surpassed modest expectations with its quarterly results and forecast on Thursday, unveiling a record share buyback program that sent its stock soaring by 6% in extended trade. The company increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock, marking the largest buyback […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
Tech

Apple explores integrating OpenAI, Google’s AI into iOS 18

Apple is in discussion with both OpenAI and Google to introduce generative AI to iOS 18 the next iPhone operating system, but has not reached a final decision. Business Insider earlier reported that the 16th version of the iPhone was expected to be launched. It’s the first time that generative artificial intelligence will be integrated […]

Apple to pledge $100bn to US manufacturing
News

Apple removes WhatsApp, Threads from China app store

Apple announced on Friday that it had complied with a directive from the Chinese government to remove Meta’s WhatsApp and Threads from its App Store in China, citing national security concerns. While other Meta apps such as Facebook, Instagram, and Messenger remained accessible, WhatsApp and Threads were taken down. Reuters confirmed this during a check […]

Apple to pledge $100bn to US manufacturing
News

Apple removes “state-sponsored” from spyware mail sent to users

Apple has alerted its users in India and 91 other countries about a potential “mercenary spyware attack,” omitting the term “state-sponsored” used in previous alerts referring to such malicious activities. In a notification email, Apple disclosed that attackers attempted to “remotely compromise the iPhone.” Previously, Apple had stated on its website that its threat notifications […]

Apple to equip all Macs with AI-enhanced M4 chips
News

Apple to equip all Macs with AI-enhanced M4 chips

Apple is on the verge of manufacturing M4 computer processors equipped with AI processing capabilities and intends to update every Mac model with this technology, as reported by Bloomberg News on Thursday, citing sources familiar with the matter. The company aims to launch the upgraded computers later this year and early next year. The lineup […]

Apple to allow users repair iPhones with used parts
News

Apple to allow users repair iPhones with used parts

Apple users and repair shops will soon have the option to utilize genuine used Apple parts for device repairs, eliminating the need to order brand-new components. The company asserts that these used parts will now possess the same full functionality and security as original factory-calibrated parts. This initiative is set to roll out starting this […]

Apple makes $14bn India-made iPhones - Report
News

Apple makes $14bn India-made iPhones – Report

India’s contribution to iPhone production has surged to $14 billion in fiscal year 2024, as reported by Bloomberg News on Wednesday. Approximately 14% of Apple’s flagship devices, translating to about 1 in 7 iPhones, are now manufactured in India. According to sources familiar with the matter, Foxconn was responsible for nearly 67% of iPhones assembled […]

Apple faces $1.1bn in tariff costs as trade tensions escalates
News

Apple lays off staff working in electric vehicle site

Apple has recently laid off over 700 individuals working at the electric vehicle site, according to the latest WARN report filed by the Employment Development Department of California. The majority of those affected were employees at Apple’s offices in Santa Clara, with 371 of them originating from the location primarily associated with the company’s now-defunct […]

Apple to pledge $100bn to US manufacturing
News

Apple resolves global outage

Apple resolved issues with its various services, including the App Store, video and music streaming platforms like Apple TV+ and Apple Music, following outages that impacted users across multiple regions, as indicated on the company’s website. Reports of issues also surfaced for Apple’s fitness service, Apple Fitness+, as well as for Arcade, Audiobooks, Books, and […]

US sues Apple for monopolizing smartphone market
News

US sues Apple for monopolizing smartphone market

The U.S. Department of Justice and 15 states on Thursday, filed a lawsuit against Apple, as part of the government’s crackdown on Big Tech, alleging that the tech giant monopolized the smartphone market, disadvantaged smaller competitors, and inflated prices. Attorney General Merrick Garland stated, “Consumers should not suffer higher prices due to antitrust violations,” expressing […]

Meta, Microsoft, others join Epic Games' suit against Apple
News

Meta, Microsoft, others join Epic Games’ suit against Apple

Meta, Microsoft, Elon Musk’s X, and Match Group on Wednesday, joined Epic Games’ protest against Apple, alleging that the tech giant has failed to comply with a court-ordered injunction regarding payments in its App Store. These technology companies, known for developing some of the most popular apps in the App Store, asserted that Apple’s actions […]

Apple CEO Tim Cook visits China amid iPhone sales decline
News

Apple CEO Tim Cook visits China amid iPhone sales decline

Apple CEO Tim Cook praised China’s significance in the company’s supply chain during his meeting with suppliers, including BYD Electronics, as reported by local media on Wednesday. This visit coincides with a decline in China sales for the iPhone manufacturer. In a Weibo post, Cook shared his morning experience strolling along Shanghai’s historic Bund river […]

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