Tag
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
Apple shares closed 6.15% lower at $275.15 on the Nasdaq, their worst day in over a year, after the company raised prices on MacBooks and iPads. Investors appear worried the hikes signal cost pressure rather than pricing strength, raising concerns about demand and margins.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
U.S. stocks closed mixed, with the Nasdaq posting a partial recovery while the Dow dipped lower. Apple fell after news about its AI plans unsettled investors, weighing on broader market sentiment.
Intel shares surged after reports that Apple is in talks to use Intel's chip manufacturing facilities. A deal would validate Intel's foundry push, reduce US reliance on Taiwan-based TSMC, and signal a major shift in global chip supply chains.
Apple and Intel have reached a preliminary chip-making deal, the Wall Street Journal reports, with Intel set to manufacture chips for Apple. The agreement would boost Intel's struggling foundry business and reduce Apple's heavy reliance on TSMC for its most critical processors.
Apple posted strong double-digit growth in iPhones, iPads, and Macs in India even as the overall Indian smartphone market declined, CEO Tim Cook said. The performance signals Apple is winning first-time buyers and expanding its ecosystem base in one of the world's fastest-growing consumer markets.
Apple has flagged significantly higher memory chip costs in coming quarters, an unusual direct warning about a core input expense. The move signals potential margin pressure across its iPhone, iPad, and Mac product lines during a key product refresh cycle.
Apple posted $111.2 billion in March-quarter revenue, up 17%, with iPhone sales rising 21.7% to $57 billion and Services hitting a record $31 billion. India stood out with double-digit growth across most categories, and Cook flagged significant room to grow given Apple's still-modest market share there. Apple guides 14
Apple reported record sales as Tim Cook stepped down as CEO, but warned of supply chain pressure from a RAM chip shortage dubbed RAMaggedon. The shortage could limit device production across Apple's product lines, threatening future revenue. The impact will depend on how severe and prolonged the supply crunch turns out
Apple posted record March quarter revenue, with China sales rising 28% year on year. The result marks a strong rebound in Apple's third-largest market, where local rivals had been gaining share. Investors will watch whether the China momentum carries into the June quarter.
Apple reported record Services revenue of $30.98 billion in Q1 2026, up 16.3% year-on-year and ahead of the $30.4 billion Wall Street estimate. The result, paired with strong iPhone sales, helped Apple beat overall earnings expectations. Services now stands as a key margin driver for the company.
Apple posted $57 billion in iPhone revenue for the March 2026 quarter, up 22 percent, with total revenue reaching $111.2 billion. Chip shortages limited supply even as CEO Tim Cook said demand was "off the charts." The results come days after Apple announced Cook's September retirement and named John Ternus as his
Apple is expected to post roughly 20% iPhone revenue growth in its latest earnings report. The results land as CEO Tim Cook has announced he is leaving, making leadership transition a key backdrop. Strong iPhone numbers could steady investor confidence during the changeover.
Tim Cook will step down as Apple's CEO in September, with hardware chief John Ternus named as his successor. The transition comes as Apple's App Store business faces regulatory and legal pressure on its 30% commission model. Investors will focus on whether Ternus can defend services margins through the leadership
Apple is gaining smartphone market share in China, reversing pressure from domestic competitors including Huawei. The shift matters for investors because Greater China is Apple's third-largest revenue segment, and share gains support iPhone unit forecasts and services revenue. Sustained improvement would reduce
India's IT ministry has dropped a UIDAI proposal to mandate Aadhaar biometric app preloading on smartphones, following opposition from Apple, Samsung, and others over security, compatibility, and manufacturing cost concerns. The reversal is the sixth failed government preload attempt in two years and exposes limits on
Huawei launched the Pura X Max in China, becoming the first company to commercially release a wide-format foldable smartphone. The move preempts similar devices from Apple and Samsung, setting an early price anchor between $1,613 and roughly $1,905 depending on configuration. Preorders opened today with full
Tesla and Apple led the Magnificent 7 technology stocks lower while TSMC signaled strong artificial intelligence demand, splitting the cohort along AI-exposure lines. TSMC's outlook matters as the primary foundry for AI chips used by Nvidia and major cloud operators. Upcoming earnings from chip designers and hyperscale
Tag
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
4d ago · 4 min · Technology
Apple shares closed 6.15% lower at $275.15 on the Nasdaq, their worst day in over a year, after the company raised prices on MacBooks and iPads. Investors appear worried the hikes signal cost pressure rather than pricing strength, raising concerns about demand and margins.
4d ago · 3 min · Markets
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
16d ago · 3 min · Technology
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
18d ago · 3 min · Technology
U.S. stocks closed mixed, with the Nasdaq posting a partial recovery while the Dow dipped lower. Apple fell after news about its AI plans unsettled investors, weighing on broader market sentiment.
19d ago · 2 min · Markets
Intel shares surged after reports that Apple is in talks to use Intel's chip manufacturing facilities. A deal would validate Intel's foundry push, reduce US reliance on Taiwan-based TSMC, and signal a major shift in global chip supply chains.
1mo ago · 3 min · Markets
Apple and Intel have reached a preliminary chip-making deal, the Wall Street Journal reports, with Intel set to manufacture chips for Apple. The agreement would boost Intel's struggling foundry business and reduce Apple's heavy reliance on TSMC for its most critical processors.
1mo ago · 2 min · Technology
Apple posted strong double-digit growth in iPhones, iPads, and Macs in India even as the overall Indian smartphone market declined, CEO Tim Cook said. The performance signals Apple is winning first-time buyers and expanding its ecosystem base in one of the world's fastest-growing consumer markets.
1mo ago · 2 min · Business
Apple has flagged significantly higher memory chip costs in coming quarters, an unusual direct warning about a core input expense. The move signals potential margin pressure across its iPhone, iPad, and Mac product lines during a key product refresh cycle.
2mo ago · 2 min · Business
Apple posted $111.2 billion in March-quarter revenue, up 17%, with iPhone sales rising 21.7% to $57 billion and Services hitting a record $31 billion. India stood out with double-digit growth across most categories, and Cook flagged significant room to grow given Apple's still-modest market share there. Apple guides 14
2mo ago · 2 min · Business
Apple reported record sales as Tim Cook stepped down as CEO, but warned of supply chain pressure from a RAM chip shortage dubbed RAMaggedon. The shortage could limit device production across Apple's product lines, threatening future revenue. The impact will depend on how severe and prolonged the supply crunch turns out
2mo ago · 1 min · Business
Apple posted record March quarter revenue, with China sales rising 28% year on year. The result marks a strong rebound in Apple's third-largest market, where local rivals had been gaining share. Investors will watch whether the China momentum carries into the June quarter.
2mo ago · 1 min · Markets
Apple reported record Services revenue of $30.98 billion in Q1 2026, up 16.3% year-on-year and ahead of the $30.4 billion Wall Street estimate. The result, paired with strong iPhone sales, helped Apple beat overall earnings expectations. Services now stands as a key margin driver for the company.
2mo ago · 1 min · Markets
Apple posted $57 billion in iPhone revenue for the March 2026 quarter, up 22 percent, with total revenue reaching $111.2 billion. Chip shortages limited supply even as CEO Tim Cook said demand was "off the charts." The results come days after Apple announced Cook's September retirement and named John Ternus as his
2mo ago · 1 min · Business
Apple is expected to post roughly 20% iPhone revenue growth in its latest earnings report. The results land as CEO Tim Cook has announced he is leaving, making leadership transition a key backdrop. Strong iPhone numbers could steady investor confidence during the changeover.
2mo ago · 1 min · Technology
Tim Cook will step down as Apple's CEO in September, with hardware chief John Ternus named as his successor. The transition comes as Apple's App Store business faces regulatory and legal pressure on its 30% commission model. Investors will focus on whether Ternus can defend services margins through the leadership
2mo ago · 1 min · Business
Apple is gaining smartphone market share in China, reversing pressure from domestic competitors including Huawei. The shift matters for investors because Greater China is Apple's third-largest revenue segment, and share gains support iPhone unit forecasts and services revenue. Sustained improvement would reduce
2mo ago · 1 min · Markets
India's IT ministry has dropped a UIDAI proposal to mandate Aadhaar biometric app preloading on smartphones, following opposition from Apple, Samsung, and others over security, compatibility, and manufacturing cost concerns. The reversal is the sixth failed government preload attempt in two years and exposes limits on
2mo ago · 2 min · Policy & Government
Huawei launched the Pura X Max in China, becoming the first company to commercially release a wide-format foldable smartphone. The move preempts similar devices from Apple and Samsung, setting an early price anchor between $1,613 and roughly $1,905 depending on configuration. Preorders opened today with full
2mo ago · 1 min · Technology
Tesla and Apple led the Magnificent 7 technology stocks lower while TSMC signaled strong artificial intelligence demand, splitting the cohort along AI-exposure lines. TSMC's outlook matters as the primary foundry for AI chips used by Nvidia and major cloud operators. Upcoming earnings from chip designers and hyperscale
2mo ago · 1 min · Markets