Apple's revenue was boosted by sales of Macs and iPads, which offset the weak demand for iPhones.
Tags: Apple
Huawei's $2,800 Trifold Phone Gains Popularity in China Even Among Apple Loyalists
Huawei’s new trifold phone is gaining interest from Apple fans in Beijing due to its innovative design, even though it is more expensive than the iPhone 16.
European Court Orders Apple to Pay Ireland a Massive $14B in Back Taxe
Ireland is set to receive a €13 billion ($14 billion) tax payment from Apple after an EU court ruling, despite Apple's objections and Ireland's reluctance to collect the back taxes.
Taiwan's Foxconn Sees $1.09 Billion in Q2 Following Booming AI Server
Foxconn's second-quarter profit rose 6%, driven by strong demand for AI servers and next-generation computing solutions.
Apple Intelligence's AI Features in iOS 18 and New iPhones Expected to Be Priced at $20
Apple may charge up to $20 for its upcoming AI features from "Apple Intelligence," to boost its services revenue and deepen user engagement as the AI sector becomes more expensive.
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Apple’s new AI features, dubbed ‘Apple Intelligence,’ will be delayed until October and won’t debut with the initial iOS 18 and iPadOS 18 releases, allowing extra time for stability improvements.
Apple's stock rose 2% after Morgan Stanley upgraded its rating and price target, citing optimism over Apple Intelligence's potential. This pushed its market value to $3.6 trillion.
Foxconn is ramping up hiring and production at its Zhengzhou iPhone plant ahead of Apple's iPhone 16 launch, offering competitive wages and bonuses to meet production demands.
Despite initial plans to fill OpenAI's board seats, Apple and Microsoft will exit instead to avoid regulatory concerns but will continue their collaborative partnerships.
Over 100 Top CEOs from America's largest companies avoided financially supporting major party candidates in the 2024 presidential race, with most focusing contributions on congressional campaigns instead.
Epic Games has announced its intention to challenge Apple's demand regarding changes to its user interface.
Apple has secured an observer role on OpenAI’s board as part of a significant agreement, with Phil Schiller, the head of Apple’s App Store, appointed to the position.
Apple plans to introduce redesigned AirPods equipped with infrared sensors, comparable to the Face ID technology on iPhones, by 2026, aiming to integrate these wireless headphones with its Vision Pro headset and future releases.
Apple Vision Pro arrived in China on Friday, June 28, and was priced 18% higher than in the US. Chinese consumers shared their opinions on social media.
