Apple CEO Tim Cook held a highly anticipated event this week to unveil the latest iPhones, watches, and AirPods. Despite the excitement, the event failed to reverse a recent decline in the company’s stock shares. Apple, which reached a market capitalization of over $3 trillion on June 30, faced concerns about potential restrictions on iPhones …
Kent Walker speaks at a “Grow with Google” launch event in Cleveland. via Google Google previewed Friday how it plans to fight off the U.S. government’s charges of illegal monopolization when it goes to trial in District of Columbia District Court next week. The trial marks the first major tech antimonopoly case in the U.S. …
Apple stock prices experienced a two-day consecutive decline, with a 3% drop on Thursday. This decrease was attributed to reports suggesting that iPhones may be banned from use by Chinese government workers. In a surprising turn of events, this follows a 4% loss in share prices on Wednesday, potentially wiping out $200 billion of market …
Apple’s stock prices have experienced consecutive declines over the past two days, with a 3% drop on Thursday. This decline was attributed to reports that Chinese government agencies may ban the use of iPhones. CEO Tim Cook had previously described Apple’s relationship with China as “symbiotic” during a visit to Beijing in March. The value …
US President Joe Biden observes as India’s Prime Minister Narendra Modi addresses a gathering of senior officials and CEOs from American and Indian companies at the White House in Washington, DC, on June 23, 2023. Brendan Smialowski | AFP | Getty Images According to a report by Bloomberg, Foxconn, a key supplier for Apple, has …
Apple, the world’s first $3 trillion company, has experienced a setback as it reported declining sales for the third consecutive quarter due to weak iPhone demand. As a result, the company’s shares dropped by almost 3.5% on Friday morning, reducing its market cap to $2.92 trillion. In the third quarter ending in July, Apple recorded …
A man holds an Apple iPhone5S as he uses Apple Music app on October 11, 2017 in Hong Kong, Hong Kong. S3studio | Getty Images Apple’s third-quarter earnings report on Thursday revealed a decline in revenue for their flagship hardware products – iPhone, iPad, and Mac. This trend may continue in the current period. However, …
Apple reported a sales decline in the third quarter, which is expected to continue into the current quarter. Despite surpassing Wall Street’s sales and profit expectations, Apple’s shares fell by 2%. The profit beat was driven by strong performance in the services segment, but disappointing sales of the iPhone dampened investor enthusiasm. Although executives stated …
Elon Musk is determined to address an ongoing issue with Apple’s App Store. He plans to personally reach out to Apple CEO Tim Cook to discuss reducing the 30% fee that app developers are charged when they make money through the platform. Musk, who recently renamed Twitter to X, is frustrated with the perceived “hidden …
Apple CEO Tim Cook made a low-key entrance at the State Dinner in honor of India’s Prime Minister Narendra Modi, which is in stark contrast to the buzz surrounding artificial intelligence (AI) generated by other tech giants. Companies like Alphabet, Microsoft, and Meta are constantly talking about AI and its potential, mentioning the term “AI” …