Apple CEO Tim Cook told employees he won’t blame “external factors” for selling fewer iPhones than anticipated during the holiday quarter.
Apple for the first time in almost two decades lowered its revenue outlook citing fewer than expected upgrades to new iPhones, weakness in China’s economy and supply constraints to newer models of the Apple Watch, iPad Pro and AirPods.
Move over, Netflix: Apple will be the best performing “Faang” stock in 2019, according to veteran analyst Gene Munster.
Apple is pulling older models of its iPhone from German stores after losing two patent cases brought by chip maker Qualcomm, the company said.
Qualcomm general counsel Don Rosenberg said Apple needs to take seriously a Chinese court’s ban on the sale of some iPhone models.
Computer chip maker Supermicro has told customers an investigation into claims Chinese spyware had been inserted into its hardware has found no evidence of malicious hardware in its products.