A source confirmed with Bloomberg Technology that Apple is working on a processor devoted specifically to AI-related tasks. The chip, known internally as the Apple Neural Engine, would improve the way the company’s devices handle tasks that would otherwise require human intelligence, such as facial and...
In an effort to get shoppers into stores other than to make a purchase or visit the Genius Bar, Apple has launched a new initiative designed to boost engagement between current and potential customers. Chain Store Age reports that the tech giant has launched “Today at...
To achieve its goal of penetrating the world’s second largest smartphone market, Apple has completed its first trial run assembly of the iPhone SE in India—a key step to getting a foothold in a market that has been elusive for the company. “We are beginning initial production of...
Wall Street analysts Steven Milunovich and Benjamin Wilson are pouring cold water on speculation that Apple could use its cash hoard to acquire Netflix, Disney or Tesla, arguing in a research report that Apple won’t buy a company that doesn’t bring something unique to it....
Wall Street likes round numbers — and the fact that Apple, the tech juggernaut, touched an $800 billion market capitalization. This was a first for a company in the United States, several news outlets, including CNBC, reported. That came as the stock touched $153.70 a share,...
“Well, I won’t talk to either one specifically, [I] don’t want to. My mother used to have a saying that if you don’t have something nice to say, say nothing at all,” said Apple’s SVP of worldwide marketing Phil Schiller when asked about his thoughts on...
This week, Delivery.com removed Apple Pay as a payment option for laundry orders on its iOS app. In an email to users, Delivery.com wrote Apple Pay had been removed “indefinitely,” reportedly noting that “with the payment method, we were not able to ensure the level...
With more than $250 billion in cash, Wall Street has been speculating what Apple will do with its war chest, with Citigroup the latest to weigh in last week with potential takeover targets for the electronics and entertainment company. According to a report in Reuters, citing...
Apple is gearing up to create a $1 billion investment focused on U.S. companies in the advanced manufacturing space. According to a report in Reuters, citing comments Apple Chief Executive Tim Cook made during an interview in CNBC, the fund’s first investment will be announced later in...
