Apple supplier Foxconn warned that current-quarter revenue for its electronics business including smartphones could slip as growth slowed amid rising inflation, cooling demand and escalating supply chain issues partly due to lockdowns in China. The Taiwanese firm, the world’s largest contract electronics maker, has grappled with a severe shortage of chips like other global manufacturers, […]
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The S&P 500 ended below 4,000 for the first time since late March 2021 and the Nasdaq dropped more than 4 percent on Monday in a selloff led by mega-cap growth shares as investors grew more concerned about rising interest rates. The Nasdaq closed at its lowest level since November 2020. Apple shares dropped 3.3 […]
Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter. The Facebook parent surged 17.6 percent after the social network reported a larger-than-expected profit and rebounded from a drop in users. […]
Workers at an Apple Inc store in Atlanta on Wednesday filed a petition to hold a union election, seeking to become the company’s first U.S. store to unionize amid a wave of labor activity at other major firms. The effort at the Apple store in Cumberland Mall is backed by the Communications Workers of America, […]
Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China’s COVID-19 lockdowns persist, analysts said, as curbs force assemblers to shut down and closed-loop arrangements get harder to maintain. China’s race to stop the spread of COVID-19 has jammed highways and ports, stranded workers and left […]
One of the things that mega tech powerhouses, Apple and Meta, are openly proud of is the level of security they hold for their users’ data. But, in an unpreceded event, it appears that the tech giants were handing users’ data to hackers , or “officials,” or in this case, disguised as officials from law […]
Apple Inc’s low-cost 5G model should enhance the iPhone maker’s appeal in Asia where it is in a stiff battle with multiple rivals from Samsung to Vivo, analysts believe. After focusing on high-end phones during the pandemic-induced supply chain crisis, Apple this week unveiled 5G connectivity to its iPhone SE – for $429 – which […]
On March 8, Apple held its long-awaited product event, “Peek Performance,” unmasking its latest products, with upgrades to its iPads, Macs, and welcomes new products to the scene as consumers anticipate with eagerness high-powered Apple tech. The Big Tech giant’s first event of 2022 brought along an updated version of its iPhone SE, robust yet […]
Donald Trump’s new social media venture, Truth Social, appears set to launch in Apple’s App Store on Monday, according to posts from an executive on a test version viewed by Reuters, potentially marking the return of the former president to social media on the U.S. Presidents Day holiday. In a series of posts late on […]
In its latest iOS update on Thursday, Apple fixated its attention on the battery drain issue targeting some Mac users since macOS 12.2 update. The Big Tech giants revealed its latest version, 12.2.1. contains critical fixes for “an issue for Intel-based Mac computers that may cause the battery to drain during sleep when connected to […]