One analyst is predicting that Apple’s shares will slump 6 percent from last week’s close to $175 over the next 12 months. According to CNBC, a look at recent average selling prices for iPhones, as well as soft demand for iPhone X, led to the...
Apple has been granted a patent for vein image detection that can be used in the iPhone. According to Apple Insider, the patent — first filed in 2015 — is called “Vein imaging using detection of pulsed radiation,” which uses infrared light to capture images...
Apple CEO Tim Cook used a commencement speech at Duke University to take a few more jabs at Facebook and its recent data scandals. While Cook didn’t mention Facebook by name, his comments appeared to reference the social media giant’s Cambridge Analytica data scandal, during...
Apple is close to hitting $1 trillion in market capitalization, but it won’t be there alone for too long. Amazon could soon surpass Apple in terms of market capitalization, reported Reuters. According to the report, Apple’s market capitalization hit a record $934 billion last week,...
Apple and Goldman Sachs Group are in the midst of bringing a joint Apple Pay-designated credit card to market. The news comes at a critical juncture in the product lifecycle of Apple Pay. It’s been more than three years since the launch of the mobile wallet and, as...
Jet, the online retailer owned by Walmart, announced Wednesday (May 9) that it is now part of Apple‘s authorized reseller program. According to a report in 9to5Toys, Jet becoming an authorized Apple reseller is huge for its online battle against Amazon. The source noted that Jet...
Adopting an Amazon-like strategy, Apple wants to sell subscriptions directly through its television app. That marks a departure from the current setup that asks users to subscribe through individual apps, Bloomberg reported. The move would make Apple’s devices — such as Apple TV, iPads and...
Following a vote of confidence from Warren Buffett, Gene Munster said that Apple has stepped into a new era. And, even though Berkshire Hathaway purchased nearly 75 million shares in the tech firm in the first quarter, that is only one sign of Apple’s changing...
Apple shares set a new all-time high in trading late last week after Berkshire Hathaway, led by Warren Buffett, bought more shares of the iPhone maker. Reuters, citing a Berkshire Hathaway disclosure, reported the company purchased an additional 75 million shares of Apple during the...
