Analysts said that Apple's investors should welcome Google's Chromecast because they would benefit through the dongle.

ABI Research said that Apple would soon face market share rivalry with several Chinese low-cost smartphone manufacturers.

Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.

Baidu Inc jumped since Facebook boosted the outlook for social media companies. Baidu Inc led the rally in Chinese equities exchanged in New York. The company said that it gained more profits after Facebook outdid the estimates of analysts.

Analysts said that there are several ways by which Apple could ease the concerns regarding the company's lack of growth.

A report from Xconomy stated that Apple pulled together a new engineering team that would create its own proprietary voice recognition technology for Siri.

American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.

The tech giant’s website was recently hacked which posed a US$100 billion worth setbacks for American businesses.

Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.

During Huawei's product launch in Kuala Lumpur, the company stated that they are fighting to enter the top three in Malaysia's smartphone market.