China has ordered a seven-day lockdown of the area around Foxconn’s main plant in Zhengzhou.
Browsing: Apple
Production of iPhones could slump by as much as 30% at one of the world’s biggest factories due to tightening Covid-19 curbs.
Apple was alone among the world’s top five smartphone vendors to register growth in the third quarter.
Disappointing earnings from the megacap companies that led markets higher for years are cratering their shares.
Apple will need to comply with a European Union law to switch the iPhone to a USB-C charger, marketing chief Greg Joswiak said.
Apple has pushed through huge price increases in South Africa, with the cost of its streaming video platform, Apple TV+, soaring by 47%.
Investors are facing a make or break week for some of Wall Street’s most influential technology stocks.
The price of Apple’s latest smartphones has increased by as much as 4.7% since their launch in South Africa just a month ago.
Apple plans to set up solar and wind projects and has called on its suppliers to decarbonise their operations.
The global smartphone market had its worst third quarter since 2014 as economic headwinds pushed consumers to delay discretionary purchases.