Smartphone shipments fell 11% in the first quarter, the worst drop since the coronavirus outbreak, according to Canalys.
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Apple has started widespread internal testing of several new Mac models with next-generation M2 chips.
Taiwan’s TSMC forecast an up to 37% jump in current-quarter sales and said it expects chip capacity to remain very tight this year.
Widespread Chinese lockdowns have begun to exact a toll on global supply chains. Even Apple has been unable to avoid the ructions.
The moves by regulators threaten Apple’s grip on its platform and potentially limiting its ability to collect a commission from developers.
Apple’s plan to add a highly anticipated blood pressure monitor to its smartwatch has hit some snags. However, other new features will debut this year.
The Nasdaq 100 Index lost more than $1-trillion in market value in the past four sessions. Yet its roller-coaster ride may have only just begun.
Revenue at Taiwan’s TSMC rose to a record in the first quarter on demand for chips used in smartphones, computers and cars.
Samsung’s flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance, hurting its image as an iPhone rival.
Apple will host its annual developers’ conference in an online format for the third year in a row, from 6-10 June.