Supply chain challenges have hit companies worldwide with tech giant Apple, Inc. as no exception to these issues. Cyber Monday Confirms Supply Tightness Entering Black Friday, lead times for 10 Apple products suggested a wider demand-supply gap than what was suggested by the company on its September quarter earnings call, Loup Funds Managing Partner Gene…
Apple Product Supply Issues Come to Light During Cyber Monday: What’s Next?
Apple Global Battery Development Chief Moves to Volkswagen
SAN FRANCISCO—Apple’s global battery development chief, Ahn Soonho, has moved to Volkswagen to lead the automaker’s development of electric vehicle batteries, according to his Linkedin profile. This is the second time in recent months that an Apple executive has left for an automaker. Apple lost its head of car project, Doug Field, to Ford Motor…
Robbers Hit California Apple Store, Make Off With $20,000 Worth Of Items
A San Francisco-area Apple store was targeted Wednesday by robbers and looters in broad daylight, resulting in thousands of dollars in losses. Police in Santa Rosa, located approximately 50 miles from San Francisco, said the incident occurred around 11:30 a.m. local time, involving four black male suspects. They said the “brazen daytime burglary” occurred in front…
Italy’s Antitrust Regulator Fines Google, Apple Over Data Use
November 26, 2021
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ROME—Italy’s antitrust regulator has fined Alphabet’s Google and iPhone maker Apple 10 million euros ($11.2 million) each for “aggressive practices” linked to the commercial use of user data. The authority said in statement the two tech groups did not provide “clear and immediate information” on how they collect and use the data of those who…
Apple Leans Towards TSM to Reduce Reliance on Qualcomm
Apple Inclooks to rope in Taiwan Semiconductor Manufacturing Co Ltd to manufacture 5G iPhone modems from 2023, reducing its reliance on Qualcomm Inc. Apple aims to adopt TSM’s 4-nm chip production technology to mass-produce its first in-house 5G modem chip. Apple is developing its radio frequency and millimeter wave components to complement the modem. Apple is also working…
Apple Customers in Turkey Can No Longer Purchase Devices From Official Stores After Lira Crashes
November 24, 2021
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Apple has temporarily halted online sales of some of its devices on official stores in Turkey after the country’s currency, the lira, crashed 15 percent on Tuesday against the dollar. Currently, consumers looking to purchase Apple products including iPhones and Macs from the official Apple store in Turkey are able to view the products on the website….
Apple Sues Israel’s NSO Group, Accuses It of Using Pegasus Spyware to Gain Unauthorized Access to iPhones
Apple, Inc has opted to take an antagonistic stance against Israel’s NSO Group, the maker of the Pegasus spyware. What Happened Apple said it has filed a lawsuit against the NSO Group and its parent for holding them accountable for the surveillance and targeting of Apple users. Cupertino went a step further and has sought…
NTD Business Full Broadcast (Nov. 23)
President Biden, releasing oil reserves — in a bid to lower gas prices. What are Republicans suggesting? We have analysis. Thanksgiving is coming soon. If you have trouble to find your favorite wine or spirit, lack of glass bottles may be the reason. Apple and Amazon fined by Italy for hundreds of million of dollars,…
Amazon and Apple Handed $225 Million in Italian Antitrust Fines
November 23, 2021
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MILAN—Italy’s antitrust authority has fined U.S. tech giants Amazon.com and Apple Inc. a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products. Contractual provisions of a 2018 agreement between the companies meant only selected resellers were allowed to sell Apple and Beats products…
Supply Constraints Jeopardize Apple’s Christmas Season In Asia: Nikkei Asia
Apple Inc. will not be able to deliver new iPads in time for Christmas in critical Asian markets due to supply constraints, the Nikkei Asia reports. The Philippines consumers ordering one of the most popular iPad models (Space Grey with 256 GB and WiFi) on Nov. 22 will have to wait until Jan. 14 for…
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