Apple’s Indian sales have reportedly jumped almost 50% amid a retail push in that country. A report by Bloomberg News Monday (April 17) citing unnamed sources said the company had seen sales of almost $6 billion in the year through March. The report notes that Apple is...
Apple has debuted a Goldman Sachs savings account for Apple Card users. The account offers users a “high-yield APY of 4.15 percent — a rate that’s more than 10 times the national average,” the company said in its Monday (April 17) announcement. According to the...
Apple is reportedly unlikely to spend its buildup of cash on a big acquisition. Although there is commonly speculation that the tech giant will make a large, high-profile acquisition, Apple has rarely done so in the past and is showing no sign of doing it...
Apple has begun rolling out an installment payments program that’s built into the Apple Wallet. The new Apple Pay Later was released to select, invited users Tuesday (March 28) and will be expanded to all eligible users in the coming months, Apple said in a...
A Microsoft app store could potentially pose a major threat to Apple, Morgan Stanley says. Analysts for the investment firm said in a note to investors Tuesday (March 21) that if Microsoft proceeds with plans to launch a mobile app game store — in tandem...
Apple’s chief iPhone supplier will increase investments outside of China as consumer electronic demand weakens. Foxconn, the world’s largest contract electronics manufacturer, released earnings Wednesday (Mar. 15) that projected flat revenue for the first quarter and full year, with lower demand for consumer electronics offset by other...
Apple is delving into live shopping to entice consumers as it deals with rising costs. The tech giant on Tuesday (March 14) debuted “Shop with a Specialist over Video,” which lets shoppers interested in buying an iPhone can communicate via video with a salesperson, browse...
Apple is reportedly cutting costs, though not making deep cuts and layoffs like its peers. The tech giant is delaying some bonuses, limiting hiring and reducing travel, Bloomberg reported Tuesday (March 14), citing unnamed sources. Apple did not immediately reply to PYMNTS’ request for comment....
Apple’s vice president of cloud engineering is reportedly leaving the company. Michael Abbott is set to leave the post in April after five years and his responsibilities are to be taken over by Jeff Robbin, the creator of iTunes, Bloomberg reported Friday (March 3), citing unnamed sources. Apple...
