Despite rivals investing heavily in AI-focused infrastructure, Apple, emphasizing hardware sales, maintains a lower capital expenditure, raising concerns about its sales and competitiveness.
Tags: Apple
Apple Apologizes for New iPad Pro Ad That Sparks Angry Backlash From Hugh Grant and More
Apple's new iPad Pro advertisement has sparked angry reactions among people in the entertainment and other creative industries.
Apple's 10% iPhone Discount Boosted China Shipments to 12% in March
A surge of approximately 12% in iPhone shipments was recorded in China for the month of March, thanks to up to 10% discounts initiated by Apple and its partners. This follows a 37% sales decline earlier in 2024 and heightened competition from Huawei.
Steve Wozniak’s Space Firm Privateer Buys Orbital Insight, Raises $56.5 Million in Funding
Steve Wozniak’s space date company Privateer has acquired Orbital Insight for an undisclosed amount.
Apple Illegally Interrogated Staff, Confiscated Union Flyers in NYC: US Labor Board
The ruling upheld an earlier decision of a judge, who ruled that Apple violated a law in 2022 by blocking union flyers and coercively interrogating employees about their pro-union activities.
Latest News
Recent visits by tech giants like Apple and Microsoft signal Indonesia as a prime destination for significant tech investments fueled by its growing digital economy and abundant natural resources.
Apple Inc. unveiled an unprecedented $110 billion buyback initiative, marking its largest buyback program to date.
The survey results also showed that being unhappy with work-life balance led more employees to leave their jobs.
Apple now expects to sell 400,000 to 450,000 units in 2024, a sharp decline from earlier industry estimates of 700,000 to 800,000.
Counterpoint Research data shows Huawei's smartphone sales surged 69.7% in Q1, while Apple's iPhone sales fell 19.1%.
Apple has confirmed that it will host a highly anticipated event on May 7th, where it is expected to unveil updated versions of its popular iPad Pro and iPad Air models.
Apple has acquired Datakalab, a Paris-based startup specializing in AI compression and computer vision technology, which hints at potential advancements in features like Photos and Face ID in iOS 18.
China's top internet regulator ordered Apple to remove WhatsApp and Threads from their app store, citing national security concerns.
Tech giants, including Apple, Microsoft, and Nvidia, are up for earnings showdown season, with Generative AI taking center stage as companies aim to translate AI investments into tangible profits.
