Taking part in Apple’s Pay Later service might depend on your history with Apple. The company will apparently evaluate potential customers based on their past spending with Apple, and even the Apple devices they own, Bloomberg News reported Tuesday (Feb. 14). In addition, eligibility for...
Bank of America is reportedly seeing “muted” growth in Apple’s App Store revenue. In a note to clients Thursday, BofA analyst Wamsi Mohan wrote that revenue has grown just 1% year over year in the company’s second quarter. His findings, reported by Seeking Alpha, showed...
Showing little immunity to macroeconomic headwinds crimping its hardware side, Apple services including payments and subscriptions showed strength in its fiscal 2023 first quarter. On its FY23 Q1 earnings call on Thursday (Feb. 2), Apple CEO Tim Cook said revenue of $117.2 billion for the...
Apple will soon provide more information about its removal of apps from its App Store. Apple told investors that its Transparency Report will include information about the legal basis for countries’ requests for it to remove apps, The Financial Times (FT) reported Wednesday (Jan. 11)....
In the battle over business listings, Apple is going head-to-head with Google and Yelp. But the new Apple business tool, announced Wednesday (Jan. 11) — free though it is — may have a disadvantage right out of the gate. As reported, the new Business Connect...
Apple’s vice president of services is reportedly leaving the company. The responsibilities of Peter Stern, who currently is the business leader for the company’s TV+, iCloud, Apple One and News+, will be divided up between several executives, Bloomberg reported Tuesday (Jan. 10). Apple did not...
Apple’s market capitalization dropped below $2 trillion a year after hitting $3 trillion. Reuters reported Tuesday (Jan. 3) that the company’s stock slipped 4% on Tuesday — the first trading day of the new year — and added that Apple became the first firm to...
Tim Cook met with Japan’s PM over concerns of the country’s possible app store regulations. The Apple CEO met with the Japanese Prime Minister Fumio Kishida on Dec. 15 to discuss the country’s potential regulation of app stores. According to a report by Nikkei, Cook...
Apple is reportedly preparing to allow other app stores to access its devices in Europe. The effort comes in response to European Union (EU) rules that are to take effect in 2024, and it could serve as a test run for a similar change to...
