Tag AAPL

Apple's (AAPL) iPhone shipments to China slide even further, according to IDC reports, the US-based tech giant now falling from its ranking among the top five smartphone makers in the region. Apple has faced increased competition from domestic smartphone manufacturers, such as Huawei, in China's consumer market. Seana Smith and Jared Blikre report the latest figures from Apple and what they signal about the iPhone and iPad maker's presence in global markets. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...

Stock futures (^DJI, ^IXIC, ^GSPC) are gleefully in the green after the Personal Consumption Expenditures (PCE) index saw — the Federal Reserve's preferred inflation gauge — saw prices rose at the slowest pace in over three years. Republican presidential nominee Donald Trump will be speaking at a bitcoin conference in Nashville, TN, on Saturday. Reports have indicated that as Apple's (AAPL) iPhone sales continue to decline in China, Apple's standing in the region has fallen out as one of the top five smartphone makers. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan...

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Apple is suffering in China as local rivals overtake it, three new reports by research firms monitoring shipments in the world's largest smartphones market showed...

Chinese buyers aren’t as keen as they once were on Apple flagship iPhone, despite chatter about the next model of the device featuring a bunch of AI features. Apple’s market share in mainland China fell to 14% over the second quarter, according to a report by the tech market analyst Canalys, down from 16% a year ago, with the iPhone dropping out of the list of the top five smartphones in the country for the first time ever. Apple is trailing local brands like vivo, OPPO, and Huawei, which have made “incorporating technologies such as Generative AI into products and services” a priority, Canalys research analyst Lucas Zhong said...

Small caps jumped as the Nasdaq and Nvidia fight AI fatigue. ServiceNow broke out. The Fed's key inflation gauge is due...

News of the day for July 26, 2024...