Apple News


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.
Supreme Court Appears to Lean Heavily Against Apple's Defense of Its Walled Garden

Supreme Court Appears to Lean Heavily Against Apple's Defense of Its Walled Garden

On Monday, Apple finally had its highly anticipated hearing before the United States Supreme Court. Since 2011, the tech giant has been fighting antitrust litigation that claims its App Store policies amount to an unfair monopoly. Those who were present at today’s hearing say the case’s outcome isn’t looking great for Apple.
Apple's stock rout starts and ends with the iPhone

Apple's stock rout starts and ends with the iPhone

The stock, once a safe haven from market turmoil, is more than 20 percent below all-time highs and clinging to modest year-to-date gains. The stock has shed more than a $100 billion of its historic $1 trillion market valuation. It's on pace for its eighth straight week of declines and its worst month of trading since the 2008 financial crisis.
Bendgate Pro? Apple's new iPad is easily bent out of shape

Bendgate Pro? Apple's new iPad is easily bent out of shape

In recent years, new devices have been a little straight-laced. There was a time, you see, when the most important thing about a new phone was whether it could be easily bent. The iPhone 6 Plus, for example, was the subject of the famous Bendgate. Initial tests by instant examiners showed that it wasn't wise to put the phone in your back pocket and sit on it. Now, though, we may have a new, warped Apple problem. Famed tester Zach Nelson, aka Jerry Rig Everything, got hold of the new iPad Pro and bent it completely out of shape.
Apple not in settlement talks 'at any level' with Qualcomm: source

Apple not in settlement talks 'at any level' with Qualcomm: source

Apple Inc (AAPL.O) is not in talks “at any level” to settle its wide-ranging legal dispute with mobile chip maker Qualcomm Inc (QCOM.O), according to a source familiar with the matter. In the past, Apple used Qualcomm’s modem chips in its flagship iPhone models to help them connect to wireless data networks. But early last year, Apple sued Qualcomm in federal court in San Diego, alleging that the chip company’s practice of taking a cut of the selling price of phones as a patent license fee was illegal.
Apple's Asia suppliers fall on report iPhone XR production boost canceled

Apple's Asia suppliers fall on report iPhone XR production boost canceled

Apple Inc’s (AAPL.O) Asian supplier and assembler stocks fell on Tuesday on a media report that the iPhone maker had told its smartphone assemblers to halt plans for additional production lines dedicated to its new iPhone XR. Taiwan-based assembler Pegatron Corp (4938.TW) fell 5 percent and rival Hon Hai Precision Industry Co Ltd (Foxconn) (2317.TW) dropped 3.6 percent. Apple is widely considered the biggest customer for Foxconn.
Apple downgraded for a second time after its earnings — shares down 9.2% since report

Apple downgraded for a second time after its earnings — shares down 9.2% since report

Apple's stock was downgraded for a second time since its earnings report, this time by Rosenblatt Securities, which said it has lowered its expectations for iPhone production and shipments. The firm cut its rating on the largest public company in the U.S. to neutral from buy, telling clients that it will be difficult for Apple to offset weaker volume with higher selling prices in the second half of 2019.
Apple's Holiday Forecast to Shed Light on Success of New iPhones

Apple's Holiday Forecast to Shed Light on Success of New iPhones

Apple Inc.’s earnings on Thursday will provide the first real insight into the success of the company’s new iPhones, especially the lower-priced XR model. The focus will be on Apple’s fiscal first-quarter forecast covering the important holiday season, when the XR is expected to be a popular gift, luring owners of older iPhones to upgrade. Apple shares rose 0.2 percent to $219.38 at 2:26 p.m. in New York ahead of the results.


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