This week we saw Apple’s share price suffer a hangover from the launch of the iPhone 8 and iPhone X. Tesla surprised the market with the rumour that it is partnering with AMD for an autonomous driving chip, knocking Nvidia’s shares. Google bought HTC’s Pixel hardware team. And amusing (and... Show More
The world’s most valuable company, Apple Inc (AAPL.US) reported three straight quarters of lower year-on-year sales and its first annual sales decline since 2001, as was expected. Show More
Higher wages are making China a less attractive hub for manufacturing exporters and foreign companies are pulling production from China or relocating planned plants elsewhere. Foxconn from Taiwan, for instance, which has long made iPhone components in China, plans to build 12 factories in India that will employ one million... Show More
"Apple beat the high end of its guidance, once again. In April, it had predicted that June quarter sales would fall between $46 billion and $48 billion; they reached $49.6 billion. Show More
Why Apple is an average stock - Apple continues to deliver impressive sales growth year on year, and surprised many analysts when it reported revenue of USD 74.6bn revenue, up from USD 57.6bn the previous year. In the three months to December 27, Apple managed to sell 34,000 iPhones every hour,... Show More