Apple

Apple
Apple’s AI Investments Bring It to Edge of $4 Trillion Valuation
December 23, 2024

Is Apple on the verge of becoming a $4 trillion company? As Reuters reported Monday (Dec. 23), the company has pulled in front of Nvidia and Microsoft in the race for this historic valuation. Apple’s shares have climbed 16% since earlier last month, adding around...

Apple
Report: Apple Developing Face ID-Powered Smart Doorbell Camera
December 22, 2024

Apple is reportedly developing a doorbell camera as it continues to bolster its smart-home offerings. The smart doorbell camera would use Face ID to unlock users’ doors, Bloomberg News’ Mark Gurman wrote in his Power On newsletter Sunday (Dec. 22). This camera could be released...

Apple
Apple Faces New EU Call to Open iPhone to Competitors
December 19, 2024

Apple is facing new pressure in Europe to let competitors access its iPhone operating system. The European Commission (EC) on Wednesday (Dec. 18) published a pair of documents covering how the tech giant needs to meet interoperability requirements of the Europe Union’s (EU) Digital Markets Act (DMA). The EC’s guidelines for Apple...

Report: Apple Stops Development of iPhone Hardware Subscription Program
December 18, 2024

Apple has reportedly stopped its development of an iPhone hardware subscription program. The company had planned to launch the program in 2022, delayed it until 2023, and has now scrapped it, Bloomberg reported Wednesday (Dec. 18), citing unnamed sources. Apple did not immediately reply to PYMNTS’ request...

Apple
Apple Reportedly Prepping Thinner and Foldable iPhones to Boost Growth
December 15, 2024

After years of smaller updates, Apple is reportedly thinking big by thinking thin. The tech giant plans to debut a new iPhone next year that will be thinner than current models, The Wall Street Journal (WSJ) reported Sunday (Dec. 15), citing sources familiar with the...

Apple
Apple Marries Siri to ChatGPT in Latest AI Update
December 11, 2024

ChatGPT, meet Siri. Siri, meet ChatGPT. Apple integrated its voice assistant, standard with its iPhone and other devices, with OpenAI’s artificial intelligence, part of a series of updates announced by the tech giant in a Wednesday (Dec. 11) press release. “Apple is enabling ChatGPT access...

Apple
Apple Brings Satellite Texting to Its Smartwatches
December 10, 2024

Apple is looking to expand the texting capabilities of its smartwatches by enabling users to send texts through a satellite connection in 2025. This means that users can communicate with others even when they lack cellular or WiFi connection, according to a Tuesday (Dec. 10)...

Apple
Apple’s Developer Fees Face $995 Million UK Legal Challenge
December 03, 2024

Apple reportedly is facing litigation from British app developers over its App Store commissions. The class action suit alleges that the commission Apple charges of up to 30% on App Store sales has harmed competition in the U.K. tech industry, Bloomberg News reported Tuesday (Dec. 3). If the...

Apple
Apple Loses to Android as Smartphone Market Recovers
November 27, 2024

New research shows the smartphone market recovering in 2024 following two years of sharp declines. However, Apple’s iPhone played just a small part in that recovery compared to rival Android phones, data released Tuesday (Nov. 26) by IDC shows. Global smartphone shipments for the year...