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Business

China takes bite out of Apple's earnings as Amazon numbers weaken

The US tech giants Apple and Amazon reported mixed earnings results for the June quarter. While Apple consolidated its position as the world's most valuable company, Amazon disappointed investors with its light guidance.

Business

Why China and Apple Intelligence remain key for tech giant's growth

China remains a critical metric for Apple's earnings, with analysts projecting a 2.6% fall in sales in the country. The world's largest company faces fierce competition from Chinese domestic phone makers, particularly Huawei.

Economy

US-China trade war fears hits Microsoft and Apple share price

The US has already imposed restrictions on Chinese companies such as Huawei, which prevents it from receiving semiconductor chips, as well as telecommunications equipment from US manufacturers.

Money

Apple opening payments on iPhones solves EU competition concerns

Banks and other potential rivals previously argued it’s unfair they’re forced to use software controlled by the tech giant.

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Business

Apple Intelligence rules out 2024 EU launch over antitrust laws

The decision is due to the EU's Digital Markets Act which requires devices to be able to work across all platforms, including competing producers.

Europe News

Apple breaches DMA with App Store rules, EU Commission says

The tech giant also faces a third non-compliance probe over its App Store.

Business

Germany battery maker Varta seeking recharge as yearly targets lowered

The firm blames pessimistic outlook on reduced demand in the energy storage market.

Business

AI boom propels Nvidia to the top as the world’s most valuable company

Nvidia surpasses Apple and Microsoft in market cap, becoming the most valuable company in the world, thanks to the artificial intelligence (AI) boom.

Markets

Goldman Sachs lifts target predictions for S&P 500 in 2024

Most of the Magnificent Seven tech stocks are contributing strongly to the S&P 500’s advancements at the moment, with other sectors such as healthcare and materials also seeing promising growth.

Tech News

Musk calls Apple ChatGPT integration 'unacceptable security violation'

The CEO of Tesla, SpaceX, and social media platform X criticised Apple's announcement of a new partnership with OpenAI.

Tech News

Apple unveils new artificial intelligence features and OpenAI deal

Apple has jumped into the AI race and will bring the technology to its latest devices, including ChatGPT into its Siri assistant.

Tech News

Is Apple set to announce an AI iPhone at its developer conference?

Apple is hotly tipped to announce how it plans to use artificial intelligence (AI) in the company’s devices.

Business

Apple changes leaves UK microchip plant facing bleak future

The UK government offers support measures for the semiconductor industry but it may still not be enough to measure up to US and European grants.

Culture news

Why we aren't listening to Apple's best 100 albums

Apple has just launched a list of the 100 best albums in music history. Here's why we aren't listening...

Home

How to know if a Bluetooth device is tracking your every move

Apple and Google are working together to alert users if there's a Bluetooth device tracking them. Here's how to detect if they are and what to do about it.

Culture news

Apple apologises for 'tone-deaf' iPad crushing ad

Apple has been dealt a crushing blow after being forced to apologise for its new iPad Pro advert, which features an array of cultural objects including instruments, books and cameras being destroyed, with the tablet computer held up in their place.

Markets

Apple’s stock surges on solid earnings and $110bn share buyback plan

Apple's shares surged more than 6% in after-hours trading as the tech giant reported earnings for the March quarter that surpassed the market's expectations, accompanied by the largest share buyback plan of $110 billion.

Europe News

ECB queries Apple’s promise to open up iPhone payments

Central bankers say pro-competition reforms still wouldn’t ensure seamless service for their new digital euro.

Business

Samsung wins out as it takes a chunk out of Apple's phone business

Samsung wins back its crown from Apple as European bargain hunters in particular move away from Apple and towards cheaper Chinese brands.

Work

Apple lays off more than 600 workers in wave of post-pandemic cuts

It was the first big wave of job cuts at the tech giant since the COVID pandemic.