Apple Inc.’s China Worries May Not Be as Bad as Feared
Shares of Apple (AAPL) are showing signs of recovery after two consecutive days of decline following concerns about the company's business in China. Reports of China banning the use of…
Apple’s Fall Product Event Set for Sept. 12
Apple Inc. has announced that its highly anticipated fall product event will take place on Sept. 12. The event is expected to showcase the company's latest lineup of smartphones. Once…
Apple’s Revenue Decline Raises Concerns
There is growing unease among Wall Street analysts as Apple experiences its third consecutive quarter of declining revenue. Despite the stock reaching near-record highs, caution is warranted. In the June…
Apple to Make 20% Fewer iPhone SEs on Impacts of Ukraine War, Inflation
(NIKKEI Asia) Apple is reportedly planning to cut its production of iPhone SEs by 20% next quarter as consumer electronics demand falls. The iPhone giant has also reduced orders for…
Apple Wants to Make the iPhone a Payment Terminal With a New Service
(Bloomberg) Apple is set to rival Square after reports emerged that it has been working on a new service that lets merchants accept payment on their iPhones without the need…
Apple Cuts Demand Outlook for iPhone 13 as Customers Forgo Holiday Shopping
(Bloomberg) Apple Inc. has warned its suppliers to expect a slump in demand for iPhone 13 heading into the holiday season as consumers forgo shopping on Omicron and inflation concerns.…
What to Expect on Apple’s iPhone Event on Tuesday
(CNBC) Tech giant Apple Inc. is widely expected to unveil the latest version of its products during its seventh straight virtual annual launch on Tuesday. Among the expected releases are…
iPhone Assembler Foxconn in Electric Vehicle JV Plans with Nidec by the end of 2021
(Bloomberg) Foxconn Technology Group, through its automobile unit, seeks to establish a Taiwan-based joint venture with Nidec Corp. by the end of 2021. The deal aims to strengthen ties by…
iPhone 12 Demand Strong in China Despite Cheaper 5G Smartphone Alternatives
Apple’s recently launched iPhone 12 line is showing strong demand in China, more than last year’s iPhone 11, according to SCMP. China accounts for 35% to 45% of global demand…