Tag: Apple

October 19, 2016

Steve Jobs’ name is forever tied to Apple: the company he founded, was fired from, and later returned to and made the most valuable in the world. It’s easy to forget that it was another company—Pixar—that made him his first […]

October 18, 2016

Apple is dropping its efforts to build its own high-tech car, according to a new report. The Cupertino, Calif.’s automotive team is shifting to a strategy that emphasizes creating software for self-driving cars rather than building an actual vehicle, Bloomberg […]

October 11, 2016

Shares of Apple Inc. hit their highest prices of 2016 on Monday as Samsung Electronics Co. Ltd.’s exploding-phone saga worsened and one analyst said Apple could sell millions of iPhones because of it. Samsung announced Monday afternoon that any Galaxy […]

October 6, 2016

It’s a different Apple without Steve Jobs. Today marks five years since Jobs died after a long battle with cancer. He was 56. The simultaneously charismatic and controversial Apple leader served as chairman of the board until his death. For […]

September 26, 2016

Shares of Apple briefly dipped more than 2 percent in heavy afternoon trade Friday, taking 11 points off the Dow Jones industrial average with the stock as the third-greatest contributor to declines in the index. The iPhone maker’s shares fell […]

September 16, 2016

Apple shares rallied more than 3 percent Thursday ahead of the company’s new iPhone 7 launch in stores Friday. Initial quantities of the iPhone 7 Plus sold out globally as Apple prepares to roll out its new smartphone in stores. […]

September 9, 2016

Nothing can dominate the tech world’s conversation quite like a big Appleevent. And sure enough, this week’s announcement of the iPhone 7 has spawned several discussions: Shutterbugs liked the phone’s new camera. Nintendo fans rejoiced at Super Mario’s arrival on […]

August 31, 2016

The European Union has just hitApple with a record-breaking tax bill of €13 billion ($14.5 billion) plus interest, after finding that Ireland granted the company illegal state aid over many years. The decision, made by the European Commission’s competition department, […]

July 27, 2016

For Apple bears, there was plenty to feast on in the company’s latestfinancial report. Revenue fell again–this time by 15%–the first time since 2002 that Apple has faced two straight quarters of shrinking sales. Shipments of Macs, iPads and iPhones […]

July 21, 2016

Apple’s iOS 10 update won’t launch until the fall, but that doesn’t mean you can’t try it out now. Today, Apple released its second public beta for iOS 10, which lets anyone sample its latest and greatest mobile operating system. […]

June 21, 2016

After months of delays, Apple is likely to open its first retail stores in India, a fast-growing market for smartphones where the American technology giant has little presence. New rules issued by the Indian government on Monday exempt foreign-owned companies […]

June 9, 2016

Apple is making a change to the way search results appear in its App Store. The company will soon let developers pay to have ads for their apps appear atop relevant search results, The Telegraphreported on Wednesday. The single ad […]

May 27, 2016

After a rampage that left 14 people dead in San Bernardino, Calif., key U.S. lawmakers pledged to seek a law requiring technology companies to give law enforcement agencies a “back door” to encrypted communications and electronic devices, such as the […]

May 24, 2016

When Apple decided to go small — in size and price — with the iPhone SE, it was a grab for first-time buyers in markets such as China and India. The strategy, at first blush, appears to have paid off big: iPhone SE sales could […]

May 16, 2016

Berkshire Hathaway (BRKA), the conglomerate run by Buffett, disclosed in a regulatory filing Monday that it purchased more than 9.8 million shares in Apple (AAPL, Tech30) during the first quarter. It marks Berkshire’s first investment in Apple. Berkshire acquired its […]

May 13, 2016

Apple has invested $1 billion into a Chinese ride-hailing service in an effort to fortify ties with China’s booming consumer market. The service, Didi Chuxing, is Uber’s biggest rival in the world’s most populous country, completing 11 million rides a […]

April 28, 2016

Tuesday brought two seismic announcements in the business world. First, ExxonMobil was stripped of its AAA rating by S&P, which it held since 1949. The downgrade was thanks to a ballooning of debt, driven in part by a share buyback […]

April 27, 2016

Apple’s stock price was down about 8% in after-hours trading Tuesday after the company posted its first revenue decline in 13 years. Everybody knew that revenue drop was upon us — Apple itself warned investors that this quarter wouldn’t be […]

March 30, 2016

The FBI’s announcement that it mysteriously hacked into an iPhone is a public setback for Apple Inc., as consumers learned that they can’t keep the government out of even an encrypted device that U.S. officials had claimed was impossible to […]

March 23, 2016

The FBI vs. Apple case went into stall mode Monday as theFBI revealed it may have found a way to get into the San Bernardino shooter’s iPhone without Apple’s help. The government said an “outside party” might be able to […]