How the Apple iPhone changed the world

When Apple announced the iPhone in 2007, Steve Jobs called it a “revolutionary product” in a handset category that he said needed to be reinvented.  Now, nearly two decades and 42 models later, the iPhone is one of the world’s most popular phones. Apple has sold over 2.3 billion units of the iPhone and has … Read more

Apple Working On Own EV, Launch Reportedly Delayed To 2028

Apple Working On Own EV, Launch Reportedly Delayed To 2028. Apple plans to launch its electric vehicle in 2028, after scrapping plans to develop a fully self-driving car. Project Titan, Apple’s highly anticipated electric vehicle (EV) initiative, is once again in the news. The company’s initial goal for the project, which started in 2015, was … Read more

Apple opens up iPhone app store in Europe

Apple CEO Tim Cook attends the “Senior Chinese Leader Event” held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week in San Francisco, California, on November 15, 2023. Carlos Barria | AFP | Getty Images Apple announced plans to open up … Read more

India goes big to woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

India goes big too woo investors at World Economic Forum

India’s position on the global value chain is shifting due to government incentives and a digitally savvy economy Getty Premiums DAVOS, Switzerland — Along the Davos Promenade, attendees of the World Economic Forum stumble across the WeLead Lounge, a repurposed storefront showcasing India’s female leadership and talent. There’s also the India Engagement Center, a space … Read more

Apple longtime directors Al Gore and James Bell retiring from board

Former Vice President Al Gore speaks during the Agriculture Innovation Mission (AIM) for Climate Summit at the JW Marriott on May 08, 2023 in Washington, DC. Chip Somodevilla | Getty Images Former Vice President Al Gore is leaving the Apple board in February after more than 20 years, the company said Thursday. Gore, along with … Read more

Can Beethoven, Bach and Mozart help iPhone sales in China? Apple to launch classical music app on mainland amid sluggish demand for its flagship product

Apple will soon make its classical music app available in mainland China, expanding the US tech giant’s digital services offering in the world’s largest smartphone market where sales of the iPhone are seeing a deepening decline. The Apple Music Classical app, which was launched in most markets globally in March last year, will make its … Read more

Apple shares slip on report US government preparing antitrust lawsuit

Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple shares slid less than 1% on Friday after The New York Times reported that the … Read more

Apple stock slips after Barclays downgrade

Apple shares slipped 4% on Tuesday, after Barclays downgraded the stock to underweight and slightly trimmed its price target from $161 to $160. Barclays analyst Tim Long wrote in a note to clients Tuesday that the iPhone 15’s current “lackluster” sales, specifically in China, presaged similarly weak iPhone 16 sales — weakness that Long expects … Read more

Apple supplier Luxshare to take control of key iPhone plant in eastern China via US$300 million deal with Taiwan’s Pegatron

Apple’s key Chinese manufacturing partner Luxshare Precision Industry Co is set to gain control of an iPhone assembly site run by a Taiwanese rival, as the US tech giant fosters ties with mainland China-based suppliers to improve relations with Beijing. Luxshare is set to buy a 62.5 per cent stake in Pegatron Corp’s unit in … Read more