Apple’s final earnings call under Tim Cook looked, on its surface, like another quarter of record financial results. Revenue rose 16% year over year to $109.4 billion, iPhone revenue climbed 22% to $54.3 billion, Mac revenue increased 29% to $10.4 billion, and Services reached another...
Apple is reportedly preparing a major push into the smart home product/software market. That’s according to a Tuesday (July 28) report from Bloomberg News, which also noted — in a separate article — a key milestone for the iPhone maker: it is now the second company ever whose...
When Apple launches its leasing offering, Apple Upgrade, on Tuesday (July 28), the company will wind down its iPhone Upgrade Program, Bloomberg reported Sunday (July 26). Apple will stop accepting new enrollments to the iPhone Upgrade Program but will allow those who are already in...
Mobile commerce is no longer just about buying on a phone. Consumers now use mobile devices for 53% of purchases, but according to new data from PYMNTS Intelligence and Visa Acceptance Solutions, the bigger shift is happening before checkout. The report, “Global Digital Shopping Index: The AI-Powered Shopper...
Apple appears to be preparing a virtual shopping assistant for its App Store. Although no official announcement has been made, a report Wednesday (July 22) from the website Apple Insider pointed to a passage in the company’s App Store privacy policy suggesting that a new...
Apple reportedly wants to overhaul its Mac line as consumers seek artificial intelligence (AI)-powered computers. The company plans to introduce new versions of every Mac product it sells, Bloomberg News reported Wednesday (July 22), citing unnamed sources with knowledge of the matter. This will include...
Apple is reportedly preparing to launch a leasing program in partnership with Klarna. That’s according to a report Tuesday (July 21) from Bloomberg News, which calls the Apple Upgrade service one of the largest-ever changes to how Apple sells its products. Due to launch July 28, the program will...
Apple sent letters to about 40 former employees who now work at OpenAI, demanding that they preserve documents and communications and meet with Apple lawyers, the Financial Times reported Friday (July 17), citing unnamed sources. The move is part of Apple’s efforts to secure evidence...
Apple’s lawsuit against OpenAI announced Friday (July 10) includes allegations that highlight the importance of protecting corporate data when employees leave, TechCrunch reported Monday (July 13). The lawsuit includes allegations that a former employee who went to work for OpenAI exploited an authentication bug to access the company’s network...