Apple pledges to repair iPhone and MacBook models with faulty screens and hard drives November 10, 2018 Apple has said it will service some products for free after discovering faults in iPhone X and MacBook Pro models. The company said the touch screen on some iPhone X devices will intermittently not respond to a user’s touch, or even react despite not being touched. The California-based producer said a part in the display [...]
Golden quarter could bring Christmas cheer to struggling British retailers November 9, 2018 Retailers might find seasonal cheer in an early Christmas present as experts predict a strong final quarter to the year. Sales in the sector are expected to tick up by two per cent year-on-year, according to analytics company Global Data. The increase will be driven by food and groceries, which are expected to grow 2.5 [...]
iPhone XR review: Apple’s ‘affordable’ handset is the best pound-for-pound phone on the market right now November 7, 2018 Last month Apple released the best phone money can buy, the iPhone XS, which also happens to be a phone that costs more than any other. Prices start at an overdraft-worrying £999 for the 64GB XS and go up to a nosebleed-inducing £1,449 for the 512GB XS Max. In a tacit acknowledgement that a grand [...]
Shocktober: Seven charts that tell the story of the stock market’s worst month in six years November 6, 2018 World stock markets fell 7.4 per cent in October as investors fretted about issues such as US-China trade tensions, European political uncertainty and the end of quantitative easing. The sell-off made it the worst monthly performance for stocks globally in the last six years and it’s the tenth worst in the last decade, as measured by the [...]
Apple shares continue to slide as tech giant cancels iPhone XR production boost November 5, 2018 Apple has reportedly told two of its smartphone manufacturers to stand down on plans for additional production lines for the iPhone XR, just days after the firm said it would not meet analyst expectations for sales over the festive period. Sources on Apple's supply chain told Japanese newspaper the Nikkei that while one Apple supplier had [...]
Apple shares drop as tech titan loses $1 trillion valuation November 2, 2018 Apple shares dived over five per cent as US markets opened today, causing the Californian company to fall below its $1 trillion valuation as investors reacted to its prediction of a Christmas slump. The tech giant yesterday warned shareholders that festive sales could fall below expectations, even as it recorded double-digit growth for the fifth consecutive [...]
Apple slides as Christmas sales forecast falters November 1, 2018 Californian tech giant Apple said its sales over the festive period could slip below consensus expectations, despite achieving its fifth consecutive quarter of double-digit revenue growth and its best September quarter to date. The company’s outlook on revenue for the rest of the year, which gives an indication on how well its latest products are [...]
Apple chipmaker Dialog Semiconductor predicts double-digit growth after $600m deal November 1, 2018 British chipmaker Dialog Semiconductor said it is expecting revenue growth for the rest of the year to be in the mid-teens, after it closed a deal with Apple to the tune of $600m (£462.3m) last month. Apple will gain some patents and a team of engineers from the chip designer as part of the transaction, and [...]
Stage dive: Spotify opens down after disappointing subscriber outlook November 1, 2018 Spotify may post its first ever profit this year as the company wiped out a major part of its loss in its third quarter of trading. But promising results did not translate into success on the stock market as the streaming service dropped on the back of its subscriber predictions. The figures Paying users flocked [...]
BT shares drive upwards as it improves guidance after boosting profits November 1, 2018 BT shares pushed upwards this morning as it reported a rise in profits. The figures BT posted a two per cent rise in earnings to £3.7bn in the first half of the year and a 24 per cent year-on year increase to profits before tax to £1.3bn, boosting shares by over nine per cent this [...]