If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Browsing: Apple
Apple doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the virus outbreak in China is taking a bigger-than-predicted toll.
Oracle executive chairman Larry Ellison is making friends with his enemy’s enemy, who happens to be the President of the United States.
As Chinese-based manufacturers begin to restart factories on Monday, no one knows for sure when they’ll be back at full-speed – or what sort of chaos may ensue.
Setting aside the global health implications, Apple and its suppliers may have got lucky with the timing of the coronavirus outbreak.
Apple is temporarily closing its 42 shops in mainland China, one of its largest markets, amid the rapid spread of coronavirus.
While 2019 started off with expectations of Huawei challenging Samsung for the title of world’s most prolific smartphone vendor, it’s the more familiar foe of Apple that’s now threatening the South Korean titan’s throne.
Samsung Electronics’ earnings report and outlook reflect doom and gloom. Many are surprised. Positive signs from chip rival TSMC and smartphone stalwart Apple had fed the belief that it would put the worst behind it.
Apple is still reaping huge profits from the iPhone while mining more moneymaking opportunities from the growing popularity of its smartwatch, digital services and wireless earbuds.
The iPad is a gadget success because many people could not imagine a world without it, industry experts have said as the device marks its 10th anniversary.