New tariffs imposed by China could cause Apple’s iPhone production costs to rise as much as 3 percent, and negatively impact the company’s revenues. According to Fortune, Wedbush analyst Dan Ives told investors that the tariffs would mean a boost in the smartphone’s manufacturing cost...
Apple has launched a new service called Apple Channels that will allow users to watch premium TV channels like HBO, Starz and Showtime, according to a report by CNBC. The service is available as an update to iPhones, iPads and Apple TV, and it will...
Apple shares were down as much as 9 percent for the week on Friday (May 10) in response to the U.S.’ escalating trade war with China. The fall represents the tech giant’s biggest weekly decline for 2019, with the company losing about $75 billion of...
Apple has reportedly narrowed down the list of locations for its foray into the retail market in India, with Mumbai in its sights. According to a report in Bloomberg, citing people familiar with the plans, Apple is looking at several high-end sites in Mumbai and...
Apple’s Worldwide Developers Conference (WWDC), where the company introduces new products and services and an operating system upgrade, is slated for June 3. Bloomberg reports that the company will introduce a slew of homegrown products that illustrate Apple’s aim to straddle the line between working...
Apple CEO Tim Cook said that improved relations and trade talk progress between the U.S. and China have bolstered the company’s prospects in the country, according to CNBC. “I believe that the trade relationship — I don’t mean the tariff, I mean the tone — is...
Another Wall Street analyst is souring on Apple’s iPhone sales for the second quarter, with Wells Fargo lowering its forecast earlier Tuesday (April 23). According to a report in SeekingAlpha, Wells Fargo said in a research report it expects second-quarter iPhone shipments to come in...
Can Apple's credit card change the card game? Ondot CEO Bharghavan (VB) tells Karen Webster that the tech giant may not dominate credit cards (virtual or plastic), but the company has a knack for changing the conversation. Here's why issuers will sit up and take notice —...
Apple’s Q1 iPhone shipments were estimated to be between 40 million and 45 million units, but they came in under that, according to reports. The shipments totaled between 37 million and 42 million units. The estimate miscalculation was blamed on tepid demand for the company’s...
