British newspapers have voiced concerns about Apple’s new ad-blocking tool. The news organizations argue that this so-called “web-eraser” threatens the financial stability of the journalism world, the Financial Times (FT) reported Sunday (May 12), citing a letter from the papers to Apple. The “web eraser” is...
Retailer discounts reportedly helped drive a roughly 12% increase in Chinese iPhone shipments in March. Shipments of foreign smartphones — most of which would have been Apple’s flagship product — rose to 3.75 million units in March, Bloomberg News reported Wednesday (May 8), citing data from the China Academy of...
Sixty-three years ago this month, the world’s first supercomputer was born. In May of 1961, IBM introduced its Model 7030, also known as “Stretch.” The gamechanger was its computational processing power and speed. Computers were used mostly for scientific applications at the time, and crunching...
Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate’s first quarter earnings report — released Saturday — showed the company’s investment in the tech giant at $135 billion. A report by CNBC noted this would mark a drop of 13%, though...
The bar was, arguably, low coming into Apple’s latest earnings report. And the tech giant stepped over that bar, spurring investors to breathe a sigh of relief, sending shares up 6% higher in the wake of the post-earnings-close announcement. Yes, the decline in sales —...
Thursday (May 2) will see Apple announce its latest quarterly earnings results. Amid the volatility of hardware sales that springs to mind, there may be signs of pressure as the tech giant seeks to expand its ecosystem. Some of what we might term the company’s “core” or “bread and butter”...
European regulators are giving Apple six months to bring its iPad up to code. The European Commission said in a Monday (April 29) news release that it designated Apple as a “gatekeeper” with respect to its operating system for tablets under the Digital Markets Act (DMA)....
Apple’s head of marketing for its new headset, the Vision Pro, has retired from his role. Frank Casanova has worked at the Big Tech firm for 36 years, according to a Wednesday (April 24) Bloomberg report. Casanova left the company last week, Bloomberg said, citing an update on his...
Apple will reportedly launch new products in a May 7 online event. The company sent invitations to the media Tuesday (April 23), and those files feature a graphic that includes the iPad stylus, Apple Pencil, CNBC reported Tuesday. The graphic can also be seen on the Apple...