The rally in Apple Inc. may be coming to an end. After a rapid and large move higher, the bears may be seizing control. When stocks are moving higher, the bulls are in charge of the market. When they start to lose control, the price action shows up on a chart with the appearance of…
South Korea Lawmaker Says Apple, Google Not Doing Enough to Comply With App Store Law
SEOUL—Apple Inc and Alphabet’s Google are not doing enough to comply with a South Korean law that bars dominant app store operators from forcing app developers to use their payment systems, a lawmaker who spearheaded the amendment told Reuters. South Korea, the first country to impose legislation curbing the tech companies’ payment policies, is expected…
Analysts Remain Bullish on Qualcomm’s Growth in Apple’s Absence
Investors once believed that Qualcomm Inc.’s fortunes rose and fell with Apple Inc.’s iPhone, which uses a key “modem” chip from Qualcomm to connect to mobile data networks, Reuters reports. However, as Qualcomm prepares for an investor presentation on Nov. 16, analysts said a looming loss of Apple, which is working on its chips to…
Replacing a Broken Screen on an Apple iPhone 13 Will Be More Complicated and Costly Than Previous Models
A new report indicates that Apple Inc.’s new iPhone 13 has a significant restriction that makes it harder for consumers and independent repair shops to replace a broken screen. As per the report, the Face ID will not work if you try to swap the screen. Replacing the display also requires successfully moving a tiny…
Google to Allow Third Party App Payments for First Time in South Korea
SEOUL—Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new law, marking the first time the U.S. tech giant has amended its payment policy for a specific country. Google’s announcement comes after a Korea Communications Commission’s (KCC) request for Google and Apple Inc. to come…
Apple to Sell Fewer iPhones as Chip Crisis Bites, JP Morgan Says
J.P. Morgan on Tuesday became the second brokerage in two weeks to cut its forecast for Apple Inc.’s iPhone sales for the crucial holiday quarter as the global chip shortage and factory closures in Asia finally catch up to the technology giant. The brokerage trimmed its iPhone revenue estimate to $63 billion for the first…
Apple Unveils Two New MacBooks, AirPods and a $5 Music Streaming Service
Apple Inc. on Monday launched two new MacBook Pro models powered by new in-house Apple Silicon chips as well as a new generation of its AirPods wireless earbuds and a $5-per-month music subscription service. The new MacBook Pro laptops with 14-inch and 16-inch displays are powered by the new chips. The models eliminated the “Touch…
How Apple’s Privacy Policy Change Affected Advertising Business?
Apple Inc’s advertising business has more than tripled its market share in the six months after introducing privacy changes restricting rivals, including Facebook Inc, from targeting ads at consumers, the Financial Times reports. The in-house business, called Search Ads, offers sponsored slots in the App Store that appear above search results. EasyPark app doubled its spending with Apple…
Apple’s Chinese Suppliers in Dilemma as Apple Curbs Reliance on China
October 15, 2021
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The net profit of one of the leading Apple suppliers has fallen sharply compared to last year. AAC Acoustic Technologies Holdings Inc. (AAC), a top Apple supplier in China, released its third-quarter (Q3) profit forecast for 2021, showing its Q3 consolidated net profit is expected to fall by 51 to 61 percent. AAC was once…
Apple Updates iPads, Watches as New 5G iPhones Expected
Apple on Tuesday announced its Series 7 smart watch with a larger display and faster charging, and the tech company was also expected to release new versions of its best-selling iPhone to entice consumers into 5G plans. The company also updated its iPad Mini with 5G connectivity and a reworked design that makes it look…
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