Apple

Apple
Report: Gen Z Consumers Pick Apple Over Android in Samsung’s Backyard
February 27, 2023

Consumers worldwide are reportedly flocking more and more to iPhones over Android devices. That shift, driven by younger consumers, could give Apple the same global market dominance it already captured in the United States, The Wall Street Journal (WSJ) reported Monday (Feb. 27). Apple’s market...

Apple
Apple Could Deny BNPL Access Based on Consumer History With Company
February 15, 2023

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...

Apple
Report: BofA Seeing Slower Growth for Apple App Store Revenue
February 09, 2023

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...

Apple
Apple’s Surging Services Not Enough to Offset iPhone Weakness
February 02, 2023

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
Apple to Provide Information About Legal Basis for App Removals
January 11, 2023

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)....

Apple
Apple’s Business Connect May Be at Disadvantage vs Google and Yelp
January 11, 2023

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
Apple’s Services Leader Becomes Latest Executive to Leave Company 
January 10, 2023

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
Apple’s Value Drops From $3T to Under $2T in Year
January 03, 2023

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...

Apple
Apple CEO Tim Cook Apprehensive of Japan App Store Regulation
January 02, 2023

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...