Apple reported third quarter results that narrowly beat Wall Street estimates, easing concerns that supply chain snags would ravage its sales.
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Apple’s share price has surged in recent weeks and is heading for its biggest monthly gain in almost two years. Its latest earnings release will test that.
Shares of social media firms fell sharply on Friday as Twitter joined the Snapchat owner in signalling a cutback in digital ad spend as economic growth sputters.
Apple’s pivot to a subscription-like model creates a clear path to a market capitalisation of more than $3-trillion, according to Morgan Stanley.
Apple has published detailed report outlining its health features and partnerships with medical institutions, arguing that such offerings are key to its future.
Apple fans, take note: iStore has announced South African pricing for the new M2 Apple silicon-powered MacBook Air.
Netflix has averted its own worst-case scenario of subscriber losses, posting a nearly one million drop from April to June.
Apple is the latest major technology company to rein in hiring and spending plans over fears about a US recession in the coming months.
BMW has found itself embroiled in a blistering row over plans to charge car owners $18/month to warm their derrières.
Taiwan’s TSMC posted a 76.4% surge in second quarter profit on Thursday, the biggest jump in earnings in eight quarters.