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APPLE

With Apple’s business making up more than half of the company's revenue, investors are watching Hon Hai for clues on iPhone sales.
BUSINESS / Tech
May 6, 2024
iPhone maker Hon Hai hits a record high buoyed by AI and Apple
Hon Hai makes most of the world’s iPhones, but is now diversifying to focus on building datacenter server racks and other equipment for AI clusters.
An attendee holds a cardboard cutout of Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, inside the CHI Health Center during the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, on Saturday.
BUSINESS
May 5, 2024
Buffett says Berkshire in good hands, lauds Apple despite lowering stake
The legendary investor paid tribute to his late business partner and said he expected the conglomerate’s $189 billion cash pile to keep growing.
Apple CEO Tim Cook attends the Wonderlust event at the company's headquarters in Cupertino, California, on Sept. 12, 2023.
BUSINESS / Companies
May 3, 2024
Apple unveils record $110 billion buyback as results beat low expectations
Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.
People try out the new iPhone 15 Pro in Shanghai in September 2023.
BUSINESS / Companies
May 2, 2024
Apple tapping AI to boost iPhone demand ahead of expected sales decline
Wall Street expects a slight decline in iPhone sales, and analysts estimate quarterly revenue to fall by the most since the winter of 2022.
Apple and OpenAI have begun discussing terms of a possible agreement on how some artificial intelligence features would be integrated into the next iPhone operating system, sources have said.
BUSINESS / Tech
Apr 27, 2024
Apple intensifies talks with OpenAI for iPhone generative AI features
The latest development comes about a month and a half before an Apple conference where it's poised to introduce new AI software and services.
An Apple store in Shanghai. Apple manufactures iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are also investing in the country.
ASIA PACIFIC / Politics
Apr 11, 2024
Activists press Apple over Vietnam's detention of climate experts
Apple manufactures iPads, AirPods and Apple Watches in Vietnam and suppliers for MacBooks are also investing in the country.
U.S. President Joe Biden and Prime Minister Fumio Kishida toast during an official state dinner at the White House in Washington on Wednesday.
BUSINESS
Apr 11, 2024
Business leaders attend Biden's state dinner for Kishida to deepen ties
Kishida's visit has seen the leaders unveil a number of initiatives to strengthen partnerships and investment in technology.
In fiscal 2022, the National Consumer Affairs Center of Japan fielded 4,024 inquiries concerning online game microtransactions made by students of elementary, junior high and high schools without the knowledge of their parents.
JAPAN / Society
Apr 9, 2024
Watch out for microtransactions in kids' online games, parents urged
Watchdog reports surge in complaints of children racking up unauthorized charges on smartphones using their parents' payment credentials.
Tim Cook, CEO of Apple, during the Apple Worldwide Developers Conference in Cupertino, California, on June 5, 2023
BUSINESS / Companies
Apr 4, 2024
Apple shifts focus from EV to home robotics as ‘next big thing’
Apple’s pursuit of the "next big thing” has been an obsession since the Steve Jobs era, but it’s hard to envision a product that could match the iPhone.
Apple CEO Tim Cook speaks at the China Development Forum 2024 in Beijing on Sunday.
BUSINESS / Companies
Mar 26, 2024
Western business leaders help China challenge economic slump fears
Global executives are keen to show interest in participating in China's giant market despite deepening political tensions and moves to favor local firms.
Dating back to its time as a marginal player in the personal computer market, Apple's business model has long been based on charging users a premium for technology products where the company dictates nearly all of the details of how the device works and can be used.
BUSINESS / Companies
Mar 22, 2024
Apple accused of monopolizing smartphone markets in U.S. antitrust lawsuit
The suit seeks to free markets from the iPhone maker's "anticompetitive and exclusionary conduct and restoring competition to lower prices for consumers."
The EU hit Apple with a €1.8 billion fine ($1.9 billion) on Monday for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store.
BUSINESS / Companies
Mar 5, 2024
EU fines Apple €1.8 billion over curbs on music streaming services
The European Union found Apple had violated law by preventing music streaming services from telling users about subscription options outside its App Store.
Apple started working on a car around 2014, setting its sights on a fully autonomous electric vehicle with a limousine-like interior and voice-guided navigation.
BUSINESS / Tech
Feb 28, 2024
Apple to wind down electric car effort after decadelong odyssey
Many employees on the team will be reassigned to focus on generative artificial intelligence projects, an increasingly key priority for the company.
TSMC’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for artificial intelligence technology drove investor sentiment.
BUSINESS / Tech
Feb 15, 2024
TSMC soars most since 2020, lifting Taiwan on AI optimism
The company’s surge propelled Taiwan’s benchmark index to a record high, as expectations of booming demand for AI technology drove investor sentiment.
Bart Andre, who joined Apple in 1992, told colleagues this month that he is retiring. He helped create the aesthetic for Apple products released over the past three decades.
BUSINESS / Companies
Feb 14, 2024
Apple’s longest-serving designer to depart, adding to exodus
Bart Andre, who joined Apple in 1992 alongside Jony Ive, told colleagues this month that he is retiring.
A customer tries his Vision Pro at the launch of the product at a store in Los Angeles on Friday.
BUSINESS / Tech
Feb 4, 2024
Vision Pro headset is Apple's next Mac and TV combined
The $3,500 headset, which blends 3D content with a view of the outside world, landed in the company’s physical U.S. stores on Friday.
Apple is entering its first major new product category since the company began selling smartwatches in 2015, and the Vision Pro may take years to catch on.
BUSINESS / Tech
Jan 22, 2024
Apple Vision Pro deliveries delayed to March in sign of early demand
The device is also sold out for Day 1 in-store pickup at many locations despite preorders having just begun on Friday ahead of its Feb. 2 rollout.
While Apple has dominated the holiday quarter in recent years, its surge ahead of Samsung over a full year is unprecedented and suggests Apple is weathering an industrywide slump better than its rivals.
BUSINESS / Companies
Jan 17, 2024
Apple passed Samsung as world’s top phone-maker in 2023
Apple's surge ahead of Samsung over a full year is unprecedented and suggests Apple is weathering an industrywide slump better than its rivals.
Media tycoon Jimmy Lai in Hong Kong on June 16, 2020. Lai pleaded not guilty to "sedition" and "collusion" charges on Tuesday in a high-profile national security trial that could see him jailed for life.
ASIA PACIFIC / Crime & Legal
Jan 2, 2024
Hong Kong tycoon Lai pleads not guilty in landmark security trial
Jimmy Lai, a leading critic of the Chinese Communist Party, faces two counts of conspiracy to collude with foreign forces.
Masimo's headquarters in Irvine, California. The U.S. International Trade Commission ruled earlier this year that the Apple Watch violates two Masimo patents related to blood-oxygen sensing and imposed an import ban on the Ultra 2 and Series 9 models.
BUSINESS / Companies
Dec 28, 2023
The email to Tim Cook that set the Apple watch saga in motion
Masimo, based in Irvine, California, is the rare company to wound Apple in a patent dispute.

Longform

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