Apple News



Williamson County approves $16 million incentive package for Apple

Williamson County approves $16 million incentive package for Apple

Williamson County leaders on Tuesday unanimously approved a taxpayer-funded incentive package for Apple that could be worth up to $16 million, solidifying the tech giant’s plan to invest $1 billion in a new campus in North Austin and add up to 5,000 jobs.In just 30 minutes, Williamson County commissioners voted 5-0 to approve the deal, which the county estimates could amount to about $16 million in reimbursements to Apple over the span of its 15-year term. Apple is also in line to get up to $25 million in incentives payments from the state-run Texas Enterprise Fund.
Foxconn not in settlement talks with Qualcomm in Apple battle: attorney

Foxconn not in settlement talks with Qualcomm in Apple battle: attorney

The conflict is but one aspect of the global legal battle between regulators, Apple and Qualcomm, which supplies modem chips that help phones connect to wireless data networks.Last week, Qualcomm secured a preliminary victory in a patent lawsuit in China that would have banned sales of some Apple iPhones there. Apple later said it believed it was already in compliance but would change its software “to address any possible concern” about its compliance.But Qualcomm was also handed a setback in an antitrust lawsuit brought against it by the U.S. Federal Trade Commission when a judge said it will not be able to mention that Apple ditched Qualcomm chips for competing ones from Intel Corp when the case goes to trial next month.
Apple to push software update in China as Qualcomm case threatens sales ban

Apple to push software update in China as Qualcomm case threatens sales ban

Apple will carry out the software updates at the start of next week “to address any possible concern about our compliance with the order”, the firm said in a statement sent to Reuters.Earlier this week, Qualcomm said a Chinese court had ordered a ban on sales of some older iPhone models for violating two of its patents, though intellectual property lawyers said the ban would likely take time to enforce.“Based on the iPhone models we offer today in China, we believe we are in compliance,” Apple said.“Early next week we will deliver a software update for iPhone users in China addressing the minor functionality of the two patents at issue in the case.”
Apple plans major US expansion, including a new $1 billion campus in Austin

Apple plans major US expansion, including a new $1 billion campus in Austin

Apple  has announced a major expansion that will see it open a new campus in North Austin and new offices in Seattle, San Diego and Los Angeles as it bids to increase its workforce in the U.S. The firm said it intends also to significantly expand its presence in Pittsburgh, New York and Boulder, Colorado over the next three years.The Austin campus alone will cost the company $1 billion, but Apple said that the 133-acre space will generate an initial 5,000 jobs across a broad range of roles, with the potential to add 10,000 more. The company claims to have 6,200 employees in Austin — its largest enclave outside of Cupertino — and it said that the addition of these new roles will make it the largest private employer in the city.
China bans most iPhone sales after granting Qualcomm an injunction against Apple

China bans most iPhone sales after granting Qualcomm an injunction against Apple

A Chinese court has banned the sale and import of most iPhone models in a stunning decision amid the trade war between the United States and China. The ban does not cover the new iPhone XS, iPhone XS Plus or iPhone XR, which were not yet available when Qualcomm filed its lawsuit. The phones covered by the ban make up about 10% to 15% of current iPhone sales in China, according to Daniel Ives, analyst at Wedbush Securities. The court granted a pair of preliminary injunctions requested by Qualcomm, an American microchip maker. Qualcomm claims that Apple violates two of its patents in the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus and iPhone X. The patents allow people to edit and resize photos on a phone and to manage apps by using a touchscreen, according to Qualcomm.
Apple Watch electrocardiogram and irregular heart rate features are available today

Apple Watch electrocardiogram and irregular heart rate features are available today

Today, with an update to watchOS, Apple is making its electrocardiogram (EKG) reading feature available to Apple Watch Series 4 owners. It’s also releasing an irregular rate notification feature that will be available on Apple Watches going back to Series 1. Both are a part of watchOS 5.1.2. When the Apple Watch Series 4 was announced this past September, the most significant new hardware feature besides the larger screen was probably the ability to take an EKG directly on the Watch. And while the electrodes on the digital crown and the backside of the Watch were there, the software to support them hadn’t been released. Now it’s here.
Apple shares fall after HSBC downgrade: 'Facing the reality of market saturation'

Apple shares fall after HSBC downgrade: 'Facing the reality of market saturation'

Apple shares fell Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies. HSBC downgraded Apple to hold from buy and cut its 12-month price target to $200 from $205. Apple shares fell 1.7 percent to $181.66 shortly after the opening bell Tuesday, adding to an 18 percent decline already for this quarter. HSBC also went into an in-depth analysis of whether Apple should trade at a higher earnings multiple in line with stocks that sell luxury goods. It concluded that Apple's shares are not "particularly expensive" but don't deserve a higher multiple associated with luxury brands.
Apple jumps, leading technology shares higher as tariff threat to iPhones on hold for now

Apple jumps, leading technology shares higher as tariff threat to iPhones on hold for now

Apple shares jumped Monday after the U.S. and China reached a trade cease-fire, just as concern was ratcheting up that the iPhone maker would be next to be entangled in the trade dispute. Apple gained 1.8 percent on the week's first day of trading after President Donald Trump and Chinese President Xi Jinping agreed to hold off on additional tariffs on each other's goods at the start of the new year to allow for talks to continue for 90 days. The U.S. agreed to leave tariffs on more than $200 billion worth of Chinese products at 10 percent, instead of raising the rate to 25 percent, as threatened.
Apple Music is coming to Echo devices next month

Apple Music is coming to Echo devices next month

Amazon’s Echo smart speakers already support a variety of music services, including Spotify, Pandora, iHeartRadio, and TuneIn. And starting on December 17th, Apple Music will join this little cohort. Apple Music users will be able to ask Alexa to play their favorite songs, artists, and albums, as well as any of the streaming service’s curated playlists and radio stations. Echo owners will simply need to enable the Apple Music skill in the Alexa app, link their account, and they’ll be good to go.
Apple is boosting the trade-in value of old iPhones

Apple is boosting the trade-in value of old iPhones

Apple skipped on offering much in the way of must-have discounts for Black Friday or Cyber Monday, but today it launched a significant boost to trade-in credit for older iPhones. The amount you’re getting probably still isn’t equal to what you’d make by selling on Craigslist or elsewhere, but Apple’s option is all about convenience.
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