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Friday, June 21, 2019

Tag: Apple

Apple may hit US$1 trillion market cap again on trade deal

Trade war tensions between the United States and China could take Apple back to a US$1 trillion market value.

Trump talks trade with Apple CEO Cook as China dispute looms

Cook is a frequent visitor to the White House and has worked with Ivanka Trump on her job training and education initiatives.

US antitrust chief says past enforcement could presage new probe of...

The top US antitrust enforcer says that studying enforcement actions against Standard Oil and AT&T decades ago can help look at possible anti-competitive behaviour at Google and Facebook.

Apple’s US iPhones can be made outside of China if needed

Apple has the capacity to make iPhones outside the United States if the trade war becomes worse.

Amazon now the world’s most valuable brand

Amazon jumped from third to first place to eclipse Google which slid from first to third place with Apple holding on to the second spot.

Google, Facebook and Apple fall amid antitrust scrutiny

Google, Facebook Inc. and Apple Inc. tumbles as the companies prepare to undergo US antitrust probes.

Apple touts privacy in web sign-on war with Facebook, Google

Apple launches a "Sign In With Apple" function to rival Facebook and Google web login accounts, drawing a contrast with rivals by stressing protection of users' information.

Apple plans end of iTunes, to reveal glimpses of its next...

Apple is slated to make a plethora of announcements at WWDC 2019.

Apple and Nike brace for China’s wrath after Huawei ban

Will China retaliate against US companies such as Apple and Nike after Huawei's ban?

Huawei founder to oppose Chinese retaliation against Apple

Huawei founder Ren Zhengfei will not retaliate against American Apple despite the latter's decision to ban Huawei intensifying a trade war.

Apple earnings could decline 29% on a China ban, says Goldman

Such a restriction would represent 100% of estimated Apple earnings exposure to both mainland China and Hong Kong.

Toshiba Memory to buy stakes held by Apple, Dell

Apple, Dell will join Kingston Technology and Seagate Technology by selling their shares in the chipmaker to Toshiba Memory for US$4.5 billion.

Big US hedge funds regain ardor for FAANGs in first quarter

NEW YORK: Some of the biggest, highest-profile US hedge fund investors and money managers fell back in love with FAANGs in the first quarter,...

Apple supplier Japan Display mulling cutting around 1,000 jobs

Some 1,000 jobs will be lost as Apple supplier Japan Display eyes a bailout from a Chinese-Taiwanese consortium.

US Supreme Court allows App Store antitrust suit against Apple

Apple shares fell more than 5% after the justices upheld a lower court's decision to allow the proposed class action lawsuit to proceed.

Apple sheds US$75 bil of market value as trade tumult bites

Apple's iPhone is now vulnerable over the US-China trade war resulting in a double tariff impose of 25% on China's goods and services.

Apple moves its way into India for first retail store

Apple is looking to expand its connectivity in India as it becomes the world's largest mobile market.

Qualcomm sees up to US$4.7 bln payment from Apple deal

The two tech giants agrees to settle their suit with Apple paying Qualcomm US$4.5 billion to US$4.7 billion.

Apple’s US$1 trln valuation is further away than it looks

Apple falls short of re-entry into the 13-digit club because of its hefty buyback program.

Apple tops forecasts as pivot to services shows progress

Services revenue grew 16% to US$11 billion, reflecting growth in music, Apple Pay and other new offerings from the firm.

Intel withdraws from 5G smartphone modem business

Intel also said it would meet commitments to customers for its existing 4G smartphone modem product line.

Foxconn chief hints reduced role, will remain chairman

Foxconn is the world's biggest contract electronics maker and assembles Apple's iPhones as well as gadgets for other international brands.

Billions at stake as Apple v Qualcomm trial begins

At the heart of the battle are the royalties Qualcomm charges for its patented chips, which enable smartphones to connect to mobile networks.

Apple rises for eighth day, longest streak since September

Apple shares has been soaring and Apple Music sales had surpassed Spotify in paid US subscriptions.