Apple, Inc.’s experiential learning with the AirPods 3 has made the company cautious regarding the launch of the upcoming AirPods Pro 2 What Happened Apple may discontinue the AirPods Pro after it launches the AirPods Pro 2 in the second half of 2022, Apple analyst Ming-Chi Kuo said on Twitter. Such a step could be…
Why Apple Stock Looks to Be Preparing for a Blue-Sky Run
Apple, Inc. opened the trading session on Thursday mostly flat after consolidating on Wednesday and then fell about 1 percent lower within the first half-hour of trading. On Wednesday, Market Rebellion co-founder Jon Najarian said on CNBC he added to his position in Apple, despite the tech giant nearing a $3 trillion market cap. Najarian…
Apple CEO Tim Cook’s Alleged Stalker Agrees to Give up Guns, Stay Away for 3 Years
By Ethan Baron From The Mercury News SAN JOSE, Calif.—A woman accused by Apple of stalking CEO Tim Cook for more than a year—emailing him photos of a loaded pistol and traveling across the U.S. to trespass at his home—agreed Tuesday in court to stay away from the tech chief, Apple employees and properties, and…
Here’s How Analysts View Apple’s Latest Products, Services
Analysts tried to gauge the impact of Apple Inc’s products and services. Apple is exploring subscription offerings for its hardware products as early as late 2022 or 2023. Morgan Stanley analyst Katy Huberty saw that the average Apple user spent $280 on hardware and added $69 to Apple Services revenue in 2021, implying, Apple users spent slightly less than $1…
Apple Stock Rises for 10 Consecutive Sessions: First Time Since 2010
Apple stock continues to rise as the company reached a significant milestone for the first time since 2010 when it was still riding on the heels of the iPhone’s initial launch success. The company experienced a small increase in share price on Monday which solidified ten consecutive sessions of the stock rising. This milestone signals a…
Why Apple Has ‘Little to Lose, a Lot to Gain’ by Expanding Its Services to Android Devices
Apple, Inc. maintains its ecosystem as a walled garden, and it has served it well so far. The company, however, stands to gain by opening up, according to an Apple specialist. What Happened Apple has been promoting its growing range of online services such as Apple TV+, Arcade, Fitness+ and iCloud with the phrasing “Only…
Apple to Pay $14.8 Million to iCloud Subscribers: Here’s Why
Apple Inc has agreed to pay out a $14.8 million class-action settlement in a case involving iCloud data storage. What Happened The tech giant denied any wrongdoing, but settled the case to resolve the matter, according to Macworld. Apple was accused of using third-party servers to store some iCloud data, instead of its own, which…
New Rules for US Tech Giants to Come Into Force in October, EU’s Vestager Says
BRUSSELS—Tough new rules targeting U.S. tech giants agreed late on Thursday are expected to come into force in October, EU antitrust chief Margrethe Vestager said on Friday. The rules, which Vestager proposed a year ago, are called the Digital Markets Act and set out a list of dos and don’ts for Amazon, Apple, Meta, Alphabet…
Apple Services Including App Store Resume After Outage for 2nd Straight Day
Apple Inc.’s Apple Music, mobile App Store, and Podcasts resumed services on Tuesday, after facing outages for a second consecutive day, according to the company’s system status page. Tuesday’s outage also affected Mac App Store, users of Apple Card, Apple Books, iCloud Web Apps, and Weather. The outage on Monday affected 11 of Apple’s services,…
Bernstein Explains How Apple Could Produce $10 Billion in Incremental Revenue
Bernstein analyst Toni Sacconaghi acknowledged that Apple Inc. had quietly built a small but growing ad business. However, Sacconaghi estimated that Apple’s ad revenue was well under 2 percent of its overall revenue. Most of Apple’s ad revenue came from the App Store ads, with modest revenue from display ads in its Apple News and Stocks apps….
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