Apple may have suffered a few bruising months, but it seems that investors aren’t ready to lose faith in the Cupertino giant.
Despite Apple announcing disappointing holiday earnings, shares in the company rebounded today. Having performed strongly in pre-market trading, they are currently valued at — time of writing –$161.44. That’s the highest AAPL has been since the middle of December.
Apple’s cheap battery replacement program might have come to an end, but the folks over at iFixit have extended their own $29.99 replacement program for the rest of 2019.
The company’s kits provide everything you need to replace the battery for your iPhone, with batteries available for handsets going all the way back to 2011’s iPhone 4s.
Another analyst has declared that Apple stock is currently undervalued following on from yesterday’s earnings call.
“The stock is cheap, I mean, it’s selling at low multiples,” King Lip, chief strategist at Baker Avenue Asset Management, told CNBC’s Squawk Box on Wednesday. However, Lip said that Apple is going to have to prove itself with a “killer app or killer product” sometime in the next 12 months.
Facebook will shut down the iOS version of its Research app after a TechCrunch report revealed how it was paying users aged 13-35 to install a VPN, allowing it to gather data on their phone and web activity.
This follows an incident last August in which Apple asked Facebook to remove its Onavo VPN from the App Store, since it was violating Apple’s data collection policies.
Unsurprisingly, Apple’s recently exposed FaceTime bug — allowing other people to see or hear you before a call starts — is already landing the company in hot water.
According to a new lawsuit filed against Apple, the bug allowed an unknown individual to eavesdrop on a private conversation between a lawyer and their client.
Apple stock is down right now — and if you’re a potential investor looking to dive in, that’s good news.
At least, that’s according to Shark Tank star and chairman of O’Shares ETF Investments, Kevin O’Leary. In a new interview, O’Leary notes how, “Apple is getting cheap again.” Despite previously selling off his Apple stock due to the iPhone decline, O’Leary now says he’s tempted to invest again.
UBS analyst Timothy Arcuri is concerned that declining iPhone sales are going to continue not only through 2019, but also into 2020.
“We believe the challenges in China would likely to continue and while a trade settlement could help, the damage in terms of iPhone is likely done,” writes in a note to clients. Arcuri thinks that Apple likely sold around 64 million iPhones over the holiday season. While that’s still a big number, it’s less than the 68 million Wall Street consensus.
The retail sector is in trouble — with almost 10,000 stores in the U.S. having closed their doors in the U.S. since 2017. Apple’s solution? Make shopping into an experience for customers, rather than just a place to spend money.
That’s the theory laid out by Apple’s retail VP Angela Ahrendts in a new interview for Vogue Business. In it, Ahrendts lays out her Apple Store philosophies as pertain to both customers and employees. It certainly seems to be working!
Apple chip supplier Taiwan Semiconductor Manufacturing Company (TSMC) says that a problem involving substandard chemicals resulted in more than 10,000 wafers of defective chips at its factories.
The issue caused a temporary shutdown on the production line. It’s not clear exactly which clients’ chips were affected by the issue, although Apple may not be among them.
Apple is reportedly planning to upgrade its TV app with support for subscription services. This will likely happen around mid-April 2019.
Don’t necessarily expect this to be the debut of Apple’s original TV efforts, however. Instead, this likely refers to making it easier to subscribe to service like HBO Now using the TV app, instead of having to subscribe through HBO’s app.
Scribd, the company which describes itself as the “Netflix for reading,” says that it has passed 1 million paid subscribers for its $8.99 a month service.
While 1 million is way below the kind of numbers enjoyed by Netflix, Spotify or Apple Music, it’s still an impressive milestone at a time when many publishers are struggling. It’s also one that Apple is likely paying a whole lot of attention to.
President Trump has suggested that Apple manufacture its devices in the United States. But things aren’t quite so easy as that — as a New York Times article makes clear.
It describes the challenges Apple faced when it tried making its top-of-the-line Mac Pro in the U.S. several years ago. One of the big problems? Simply, that Apple couldn’t get hold of enough screws to assemble the $3,000 computers in Austin, Texas.
Apple may not have had an official presence at CES 2019, but a new report claims that key personnel were present at the event to meet with leading AR companies.
More than half a dozen company representatives supposedly met with AR waveguide suppliers, including DigiLens, Lumus, Vuzix and WaveOptics. Waveguide is one of the most widely used structures in see-through AR displays, seen in products such as the Microsoft Hololens and Magic Leap One.
Japanese electronics firm Sharp, owned by Apple supplier Foxconn, is supposedly working to enter the supply chain for future iPhones boasting OLED displays.
The news comes shortly after a report claiming that Apple plans to include all OLED displays in its 2020 iPhone lineup. Currently it includes a mix of LCD and OLED models. As a result of the increased focus on OLED displays, a number of companies are supposedly gearing up their OLED panel production capability.
According to the Financial Times, Apple manufacturer Pegatron is planning to build new production lines in India, Vietnam and India. Pegatron accounts for around 30 percent of Apple’s assembly orders.
It follows on from news suggesting that fellow Apple supplier Foxconn is also considering production in India and Vietnam.
Apple’s trade-in offer for the iPhone XS and XR in Japan shows no sign of being quite as “time limited” as Apple suggests.
Having previously been advertised in the country as ending January 31, Apple has now modified the end date to February 28. That gives fans in the country an extra month to take advantage of the deal. It also suggests that Apple still isn’t selling quite as many of its new handsets as it would like.
Today marks 35 years since the launch of the original Macintosh computer, the product which most defined Apple until the iPod and iPhone came along years later. The Mac changed the course of personal computing history, and started a product line which Apple continues today. But which Macs along the way rank as the biggest game changers?
We went right back to the start to bring you our picks for the top 20 most important Macs of all time.
In space, no-one can hear you scream. When you’re playing a mobile game on the commute to work, everyone can. That rule could possibly apply to new Alien game Alien: Blackout, which launches in the App Store today.
Adopting a survival horror approach, similar to the brilliant Alien: Isolation, but with gameplay more akin to Five Nights at Freddy’s, it aims to be one of the scarier iOS titles of the year. Check out the trailer below.
Plenty of people were excited when TiVo recently announced a new app coming to Apple TV, letting users watch live and recorded content without having to buy multiple TiVo boxes.
They may be a bit less excited when they hear about the app’s big limitation, however. According to a TiVo executive, it will offer streaming that’s limited to 720p resolution, with 30 frames-per-second.
If you think your rent is expensive you might want to spare a thought for the amount Apple pays for its spectacular waterfront flagship store in Chicago.
Located on Chicago’s iconic “Magnificent Mile,” the iconic glass Apple Store with the MacBook-inspired roof costs Apple a massive $2.5 million in rent each year — and prices go up 10 percent every five years.
It’s not often that a business executive’s life can be described as operatic. If that’s true for anyone, though, it may well be Apple’s late CEO and co-founder Steve Jobs — whose life saw plenty of the kind of dramatic triumphs and failures that inform the best operas.
It’s therefore appropriate that Jobs’ life forms the basis for The (R)evolution of Steve Jobs, a modern opera which is soon to make its debut in Seattle.
Apple spent $6.6 million lobbying Congress and other federal officials in 2018, newly released records show. While that’s approximately in line with the $7 million it spent in 2017, it’s considerably less than the amount spent by some of Apple’s FAANG rivals.
During the same period, Facebook spent $12.6 million, Amazon spent $14.2 million, and Google — the biggest lobbyist by far — spent a massive $21 million. That’s an increase on Google’s $18 million spend in 2017.
The iPod touch hasn’t been updated in three-and-a-half years, the longest period in the product’s history without an upgrade. However, a recent trademark application from Apple gives the slightest hope that its touchscreen music player could have a future.
That’s because Apple has extended the trademark coverage for “iPod touch” to include “Hand-held units for playing electronic games; Handheld game consoles.” While there have long been games available on the iPod touch, this hints that Apple could see gaming as a future primary category for the product to exist in.
Tim Cook was among the CEOs spotted having dinner at Davos with controversial far-right Brazilian president Jair Bolsonaro.
Bolsonaro has made numerous comments that won’t have endeared him to Cook, such as telling an interviewer in 2011 that he would, “rather his son die in a car accident than be gay.” In another interview he said that he was, “proud to be homophobic.” He became president of Brazil in January 2019.
If you hanker after the point-and-click adventure games of the 1990s (think Full Throttle), you’ll find plenty to like about Pixel Crow and 11bit Studio’s Beat Cop — which just brought its pixellated stylings to iOS.
Inspired by 80s cop shows like Miami Vice, the game puts you in control of an NYPD beat cop in 1986-era New York City. Your character has been busted down from detective after getting in over his head in a previous job. As a result, he’s stuck writing tickets and busting minor hoods, until he can redeem himself.
Check out the stylish trailer below.