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Tag: Apple

Tech

Apple faces investors scrutiny amid AI delays, tariff worries

Apple Inc. is bracing for tough questions from investors during its quarterly earnings call on Thursday, with analysts spotlighting delays in rolling out key artificial intelligence features and the potential fallout from escalating U.S.-China tariff tensions. Despite a surge in demand for the newly launched, budget-friendly iPhone 16e in the January-March quarter, driven by fears […]

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

Apple’s effort to shift iPhone production to India hits roadblocks

Apple’s push to diversify its iPhone production beyond China and expand manufacturing in India has indeed encountered multiple hurdles. Chinese authorities reportedly blocked the export of key equipment to India earlier this year, delaying the trial production of the iPhone 17. This disruption, detailed by The Information, comes as Apple sought to shift more iPhone […]

Apple to allow users repair iPhones with used parts
Tech

Apple plans to produce most iPhones in India by 2026

Apple plans to move the assembly of iPhones sold in the United States to India starting next year, according to sources cited by the Financial Times. This decision comes in response to escalating US-China trade tensions and aims to diversify Apple’s supply chain. The plan aims to fully transition the production of more than 60 […]

Tech

Apple, Meta fined €700m for breaching EU antitrust rules

The European Union on Wednesday imposed major fines on Apple and Meta for violating the bloc’s digital competition rules. The European Commission, the EU’s executive branch, fined Apple €500 million ($571 million), and Meta €200 million ($228.4 million) for breaching the Digital Markets Act, which aims to promote fair competition and limit the dominance of […]

Apple signals major AI spending shift, open to big acquisitions
News

Apple overtakes Samsung as global smartphone leader

Apple claimed the top spot in global smartphone sales for the first quarter of 2024, fueled by robust demand for its iPhone 16 and surging sales in markets like Japan and India, according to data from Counterpoint Research released Monday. The tech giant captured 19% of the market, edging out rival Samsung, which held 18%, […]

Apple to launch Vision Pro headset in 2024
News

Apple developing new $3,500 Vision Pro headsets

Apple is pressing ahead with its Vision Pro mixed reality headset, despite sluggish early sales, with work on its headsets, according to a new report from Bloomberg’s Mark Gurman. The tech giant is said to be working on two next-generation versions of the headset. One would aim to address the two most frequent criticisms of […]

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

Apple, Samsung benefit as Trump excludes key electronics from tariffs

President Donald Trump’s administration exempted smartphones, computers, and other electronics from its so-called reciprocal tariffs, aiming to shield consumers from price hikes and support major tech firms like Apple Inc. and Samsung Electronics Co. The exclusions cover smartphones, laptops, hard drives, computer processors, and memory chips—popular electronics that are largely not produced in the U.S., […]

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

Apple soars to best day since 1998 after Trump’s tariff pause

Apple shares soared 15% on Wednesday after President Donald Trump announced a 90-day pause on planned “reciprocal tariffs” that would have impacted the company’s production hubs in Vietnam, India, and Thailand. The rally boosted Apple’s market capitalization by over $400 billion, bringing it just shy of the $3 trillion mark. It was the company’s best […]

Apple to hike iPhone prices ahead of launch
News

Trump’s tariffs could push iPhone prices to $3,500, experts warn

In a fiery “Liberation Day” speech, U.S. President Donald Trump proclaimed that “jobs and factories will come roaring back,” as sweeping new global tariffs came into effect. However, industry experts warn that the cost of these measures could fall heavily on American consumers—particularly those purchasing electronics like Apple’s iPhone. The tariffs, designed to encourage domestic […]

Microsoft sharepoint cyberattack hits 400 victims - Researchers
Tech

Microsoft overtakes Apple as world’s most valuable company

Apple’s 23% slide over the past four trading days has knocked it off the top spot, making Microsoft the world’s most valuable public company once again. As of Tuesday’s market close, Microsoft’s valuation stood at $2.64 trillion, edging out Apple’s $2.59 trillion. The broader market is under pressure from President Donald Trump’s sweeping tariff plan, […]

Apple teases major iOS redesign ahead of WWDC 2025
News

Apple eyes India for iPhone imports to dodge China tariffs

Apple is considering increasing its imports of iPhones from India as a way to avoid steep new U.S. tariffs on Chinese-made goods, The Wall Street Journal* reported. The move comes after President Donald Trump announced a 54% tariff on products imported from China last week—part of an aggressive trade stance aimed at reducing reliance on […]

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

Apple wins legal fight against UK over iPhone backdoor secrecy

Apple has won a legal battle against the UK government’s attempt to keep parts of its appeal secret. The case centers on a controversial order that would require Apple to create a “backdoor” into iPhones — essentially a way for authorities to access encrypted user data. On Monday, the U.K.’s Investigatory Powers Tribunal dismissed the […]

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