Apple is poised for another setback after US President Donald Trump suggested that 10% tariffs could be placed on mobile phones, like the iPhone, and laptops made in China.
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Apple shares tumbled on Friday amid concerns that growth in its powerhouse product, the iPhone, is slowing.
Apple’s decision to stop reporting how many iPhones it sells landed with a thud. Many analysts complained it was an attempt to hide the pain of a stagnant smartphone market.
Apple CEO Tim Cook on Wednesday touted the importance of privacy and legislation to protect it, as the iPhone maker seeks to distance itself from Silicon Valley competitors under scrutiny for recent user data breaches.
Two hip, young start-ups are set to become the latest challenge to Tencent just as China’s dominant social media company struggles with shrinking margins and slowing growth.
Shoppers queuing up to buy Apple’s latest smartwatch anywhere but the US face an uncertain wait before they can use the product’s headline-grabbing electrocardiogram feature.
Apple has acquired Akonia Holographics, a six-year-old maker of displays for augmented reality glasses, as the iPhone maker explores a foray into the burgeoning field.
Apple’s Tim Cook is set to collect stock worth about $120-million (about R1.7-billion) this week thanks to a run-up in shares of the iPhone maker.
Going just by the stock prices of its peers, the interesting thing about Apple isn’t that it’s worth $1-trillion. It’s that it’s not worth more. Not that investors are complaining.
Apple became the first US-based company with a market value of $1-trillion, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.