Apple

Apple
Apple Faces Fine in First Charge Under EU’s Digital Markets Act
November 05, 2024

Apple is set to receive a fine from the European Union’s antitrust regulators, the first company to be sanctioned under the bloc’s new Digital Markets Act (DMA). The EU charged Apple in June for violating its tech rules, Reuters reported Tuesday (Nov. 5), citing sources...

Apple
Apple: New Products May Lower Overall Profit Margins
November 05, 2024

Big Tech firm Apple is warning investors that its newest lines of products may not live up to the success of its iPhones. This comes as it ventures into new technology like artificial intelligence and wearable tech like virtual reality headsets, according to a Tuesday...

Apple
Apple Reportedly Weighing Smart Glasses Push
November 05, 2024

Apple is reportedly exploring the viability of entering the smart glasses market. The tech giant has launched an in-house study of currently available products, Bloomberg News reported Monday (Nov. 4). According to that report, the project — code-named Atlas — began last week and centers...

Apple
Warren Buffett Continues to Shed Shares in Apple
November 03, 2024

Warren Buffett has once again sold off another large piece of his stake in Apple. As CNBC reported Saturday (Nov. 2), the billionaire investor’s Berkshire Hathaway had $69.9 billion worth of Apple shares at the end of September, according to its latest earnings report. This...

Apple
Report: Investors Remain Uncertain About Apple AI Features’ Impact on Sales
November 01, 2024

Apple shares dipped early Friday (Nov. 1) as investors remained uncertain about the prospects for the company’s rollout of artificial intelligence features. Apple gave guidance Thursday (Oct. 31) for low- to mid-single-digit revenue growth in the current quarter, which was an outlook that fell short...

Apple
Apple Plans December ChatGPT Integration
October 31, 2024

Apple outlined its artificial intelligence (AI) strategy during Thursday’s earnings call, announcing December plans for ChatGPT integration and expanded language support for its recently launched Apple Intelligence system. The company reported $94.9 billion in quarterly revenue. The announcements follow Monday’s release of Apple Intelligence, which...

Apple
Indonesia Bans iPhone 16 After Apple Fails Local Investment Test
October 28, 2024

Indonesia has banned Apple’s newest iPhone, hindering sales in one of the world’s largest countries. The ban on sales of the iPhone 16 came after Apple apparently failed to meet the government’s requirements for 40% local content in tablets and handsets, the Financial Times (FT) reported Monday (Oct. 28),...

Apple
Report: Apple Cuts Vision Pro Production Amid Declining Sales
October 23, 2024

The days of Apple’s Vision Pro mixed reality headset could either be numbered or counting down to a version 2.0. Citing unnamed sources involved with building the Vision Pro headset’s components, a Reuters report Wednesday (Oct. 23) said that production has been significantly reduced. A...

Apple
Apple Rolls Out Ambitious AI Features in Latest iOS Beta
October 23, 2024

Apple unveiled the first developer beta of iOS 18.2 Wednesday (Oct. 23), marking an expansion of its artificial intelligence (AI) capabilities with new features, including image generation and ChatGPT integration. The update represents Apple’s second wave of AI features, branded Apple Intelligence. It introduces tools that...