Apple

Apple
Apple Reportedly Developing Wellness-Oriented Journaling App
April 21, 2023

Apple is reportedly developing a wellness-oriented journaling app. The iPhone app will help users record their daily activities and thoughts and aims to provide mental and physical benefits, The Wall Street Journal (WSJ) reported Friday (April 21), citing company documents it had viewed. Apple did...

Apple
Apple Opens Indian Stores as In-Country Sales Hit $6 Billion
April 17, 2023

Apple’s Indian sales have reportedly jumped almost 50% amid a retail push in that country. A report by Bloomberg News Monday (April 17) citing unnamed sources said the company had seen sales of almost $6 billion in the year through March. The report notes that Apple is...

Apple
Apple Unveils Savings Account for Apple Card Users
April 17, 2023

Apple has debuted a Goldman Sachs savings account for Apple Card users. The account offers users a “high-yield APY of 4.15 percent — a rate that’s more than 10 times the national average,” the company said in its Monday (April 17) announcement. According to the...

Apple
Despite Speculation, Apple Reportedly Unlikely to Consider a Big Acquisition
April 06, 2023

Apple is reportedly unlikely to spend its buildup of cash on a big acquisition. Although there is commonly speculation that the tech giant will make a large, high-profile acquisition, Apple has rarely done so in the past and is showing no sign of doing it...

Apple
Apple Pay Later Rollout Begins With Select, Invited Users
March 28, 2023

Apple has begun rolling out an installment payments program that’s built into the Apple Wallet. The new Apple Pay Later was released to select, invited users Tuesday (March 28) and will be expanded to all eligible users in the coming months, Apple said in a...

Apple
Morgan Stanley: Microsoft App Store Could Bite Into Apple
March 21, 2023

A Microsoft app store could potentially pose a major threat to Apple, Morgan Stanley says. Analysts for the investment firm said in a note to investors Tuesday (March 21) that if Microsoft proceeds with plans to launch a mobile app game store — in tandem...

Apple
iPhone Producer Foxconn Forecasts Weakening Device Demand
March 15, 2023

Apple’s chief iPhone supplier will increase investments outside of China as consumer electronic demand weakens. Foxconn, the world’s largest contract electronics manufacturer, released earnings Wednesday (Mar. 15) that projected flat revenue for the first quarter and full year, with lower demand for consumer electronics offset by other...

Apple
Apple Invites Consumers to ‘Shop With a Specialist’
March 15, 2023

Apple is delving into live shopping to entice consumers as it deals with rising costs. The tech giant on Tuesday (March 14) debuted “Shop with a Specialist over Video,” which lets shoppers interested in buying an iPhone can communicate via video with a salesperson, browse...

Apple
Apple Reportedly Cutting Back on Bonuses, Hiring and Travel
March 14, 2023

Apple is reportedly cutting costs, though not making deep cuts and layoffs like its peers. The tech giant is delaying some bonuses, limiting hiring and reducing travel, Bloomberg reported Tuesday (March 14), citing unnamed sources. Apple did not immediately reply to PYMNTS’ request for comment....