Apple

Apple
Apple Marks Down iPhones in China Amid Waning Demand
January 15, 2024

Apple is offering Chinese customers discounts of as much as $70 on its latest iPhones. The three-day sale was announced on the company’s Chinese website Monday (Jan. 15) and comes as the tech giant is facing slowing demand for its flagship product. A report by Bloomberg News called...

Apple
Apple Promotes ‘Spatial Computing’ With Feb. 2 Vision Pro Launch
January 08, 2024

Apple says its Vision Pro mixed reality headset will be available Feb. 2 Pre-orders for the long-awaited $3,500 product begin Jan. 19, Apple said in a news release Monday (Jan. 8). “The era of spatial computing has arrived,” Apple CEO Tim Cook said in the announcement. “Apple Vision Pro is...

Apple
iPhone Shipments in China Projected to Fall by Double Digits
January 08, 2024

Apple is reportedly in danger of losing significant ground to Chinese smartphone maker Huawei. Sales of the company’s iPhone in China fell by 30% for the first week of the year, Reuters reported Monday (Jan. 8), citing a note by Jefferies analysts. According to the report, the drop in Apple’s sales...

Apple
Report: Apple Reaches Settlement Terms on Gift Card Scam Lawsuit
January 03, 2024

Apple has reportedly agreed to settle a lawsuit that accused the company of allowing scammers to exploit its gift cards and retaining stolen funds. The settlement was reached after Apple and the plaintiffs agreed on material settlement terms with the assistance of a mediator, and it...

Apple
iPhone’s Softer Demand Leads Barclays to Downgrade Apple
January 02, 2024

Analysts at Barclays are forecasting continued weak demand for Apple’s iPhone. That forecast, and the downgrade that came with it, caused Apple’s stock to drop 3.6% Tuesday (Jan. 2), the largest one-day percentage drop in months, wiping out more than $107 billion in market value, Bloomberg News reported.  “We expect reversion...

Apple
Apple Wins Legal Victory as Court Lifts Watch Ban
December 27, 2023

Apple can resume selling its latest smartwatches in spite of a recent import ban. A federal appeals court on Wednesday (Dec. 27) paused that ban, CNBC reported, allowing the tech giant to once again sell its Series 9 and Ultra 2 watches. The ban went into place...

Apple
Apple Appeals Smartwatch Ban After White House Refuses to Intervene
December 26, 2023

Apple is appealing a ban that threatens its $17 billion smartwatch business. The tech giant filed a challenge to the ban imposed by the U.S. International Trade Commission (ITC) — the result of a patent dispute — at the U.S. Court of Appeals for the Federal...

Apple
Apple Stops Online Sales and Repairs of Smartwatches in Patent Dispute
December 21, 2023

Apple stopped selling its latest smartwatches, the Apple Watch Series 9 and Apple Watch Ultra 2, in its online store Thursday (Dec. 21) due on to an ongoing patent dispute. The company will no longer provide repair services for out-of-warranty watch models either, Bloomberg reported...

Apple
Apple Falls Short in Bid to Stop Watch Ban
December 21, 2023

The federal government will not let Apple delay an upcoming ban on Apple Watch imports. The International Trade Commission (ITC) on Wednesday (Dec. 20) denied the company’s appeal of an earlier ruling that would block sales of the two latest iterations of its smartwatch. That ban will likely go into effect...