CMA successful in appealing its right to probe Apple November 30, 2023 The Competition and Markets Authority (CMA) was successful in an appeal against a decision it did not have power market investigate tech giant Apple.
Apple suffers setback in fight against EU’s £11.3bn tax order November 9, 2023 An EU tribunal made legal errors when it ruled in favour of Apple over a €13bn tax order, an adviser to Europe's top court has said.
Apple shares slide after forecasting iPads are no longer a Christmas must have November 3, 2023 Apple’s latest earnings report revealed a sales forecast for the upcoming Christmas quarter that fell short of Wall Street’s expectations, primarily due to sluggish demand for iPads and wearables, causing its shares to drop over 3% in after-hours trading. While the tech giant managed to exceed analysts’ expectations for its fourth-quarter earnings in terms of [...]
Apple: Will Santa skip the gadget stock? October 29, 2023 Apple will update on fourth quarter earnings on Thursday, with analysts bracing for a less-than-jolly Christmas outlook from iPhone sales.
Apple’s iPhone 15: Everything you need to know September 13, 2023 More recycled materials and better cameras were among the key announcements as Apple unveiled the new iPhone and Apple Watch ranges.
Apple reveals iPhone 15 amid stock price struggles September 12, 2023 Apple is trying to clamber back from a share price topple last week and grapple with falling global phone demand with the reveal of its latest innovations in California.
It took Big Tech firms just six days to pay off $2bn in fines, new data shows August 30, 2023 Big Tech firms paid over $2bn (£1.6bn) in fines this year. But new data shows it took them just over six days to pay them off.
Apple supplier Foxconn cautious despite beating earnings forecasts August 14, 2023 Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector – but the firm retained a cautious outlook for this year due to global economic uncertainties. The world’s largest contract electronics maker downgraded its outlook for full-year revenue to a slight decline from a previous guidance of flat as it [...]
Apple earnings top analysts’ forecasts but year-over-year sales drop again August 4, 2023 Apple made a slightly higher profit last quarter even though sales dipped during the period – a time during which the iPhone maker became the first publicly held company in the US to be valued at 3 trillion dollars. The results released on Thursday covered April to June, the third consecutive quarter that Apple has posted a year-over-year [...]
The 90s called: Flip phones forecast to be worth near $50bn by 2027 as analysts watch for an Apple model August 1, 2023 Foldable smartphones are sparking a renaissance of the iconic flip phone from the 90s, with the market forecast to be worth nearly £50bn in the next four years. According to Expert Market Research, the foldable smartphone market reached almost $16.5bn (£12.8bn) in 2022 and is expected to soar to $60bn (£46.6bn) by 2028. Global foldable [...]