Tag AAPL

JP Morgan analyst Samik Chatterjee had an Overweight rating on Apple Inc (NASDAQ:AAPL) on Tuesday. Apple's App Store revenue for May, tracked by Sensor Tower, increased by 4.9% month-over-month (which compares to an average sequential uptick of 2.3% .....

The Financial Times claims that the Cyberspace Administration of China (CAC) is delaying the introduction of AI services by Apple Inc. (NASDAQ:AAPL) and Alibaba in China. Their February deal to incorporate AI technologies into iPhones in China is on hold due to geopolitical tensions resulting from U.S. President Donald Trump’s trade war. Consumer-facing AI technologies […]...

Foxconn has acquired the Fairbanks Logistics Park in Houston and plans to build an AI server manufacturing facility. The post Tech giant Foxconn creating 600 jobs with $450M Houston investment appeared first on FreightWaves...

Broadcom Inc. posted strong fiscal Q2 results, boosted by AI & cloud growth, but high valuation limits its appeal as a new investment. Click for my AVGO update...

ARM's power-efficient chip design is becoming vital to Apple, Qualcomm, and Samsung's AI and IoT ambitions...

Purism, which makes the Liberty Phone in Carlsbad, Calif. using American components, is an anomaly in an industry where manufacturing and supply chains are almost entirely overseas...

A three-judge appeals panel rejected Apple's request to pause an April 30 order banning the company from charging a fee on in-app iPhone transactions processed outside its once-exclusive payment system in a two-page decision issued late Thursday. The setback threatens to divert billions of dollars in revenue away from Apple while it tried to overturn the order reining in its commissions from e-commerce within iPhone apps. Apple sought to put the order on hold after it was issued by U.S. District Judge Yvonne Gonzalez-Rogers in a stinging rebuke that also held the Cupertino, California, company in civil contempt of court and recommended opening a criminal investigation into whether one of its executives had committed perjury while testifying in her Oakland, California, courtroom...

Analysts forecast 2%--3% EPS drag despite healthy May App Store revenue gains...