A steady slide in Apple shares pushed the iPhone maker’s market value below $2-trillion, the latest casualty in the tech stock rout.
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Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity.
Apple shares touched their lowest level since June 2021 on Tuesday amid an ongoing selloff of big tech stocks.
The salad days may be over, but a period of true advancement is now baked into the future of technology.
Taiwanese President Tsai Ing-wen said moves by the island’s most valuable chip maker to build factories overseas is a sign of its power abroad.
The change, long resisted by Apple but now being forced on it, could be a boon not only for iPhone users but for the company, too.
Apple is preparing to allow alternative app stores on its iPhones and iPads, part of a sweeping overhaul to comply with EU requirements.
It could be years before the app giants are forced to mend their ways. That is, unless Elon Musk decides to enter the fray and take on Apple directly.
US President Joe Biden lauded TSMC’s investment in US chip-making facilities a “game changer”. It is no such thing.
Apple is changing the pricing structure for the App Store to let developers charge a wider range of amounts.