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iPhone sales have been decreasing as a share of Apple's total revenue since 2018. The decline overlaps with a rise in Apple's services segment, which represented over 17% of the company's total revenue in Q1 2023. |
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Apple CEO Tim Cook pledged to increase the tech giant's investments in India;as he met with Prime Minister Narendra Modi last week.;The encounter took place as Cook toured India to launch Apple's first two retail stores in the country. |
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Taiwanese Apple supplier TSMC called for Washington to provide $15B in aid to help the company build more U.S. factories.The chipmaker currently faces double taxation in the U.S. due to political tensions between Washington and Beijing. |
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Apple declared "victory" in its legal battle with Epic Games after a U.S. appeals court ruled mostly in Apple's favor.The court decided ;on Monday that Apple's App Store did not break antitrust law by banning competing app marketplaces but also ordered the company to stop anti-steering practices that impede app users from discovering alternate payment options. |
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Apple’s upcoming augmented reality (AR) and virtual reality (VR) headset is expected to support hundreds of thousands of iPad apps.;The company is reportedly taking a “scattershot” approach to attract a wide range of customers due to the absence of a single “killer app” on the headset, reports Bloomberg’s Mark Gurman. |
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Apple supplier Quanta signed;a deal with authorities of Vietnam’s Nam Dinh province;to establish a $120M factory ;in the region.;The move follows; reports in December ;that the company planned to shift a portion of its Macbook Pro manufacturing capacity to the Southeast Asian country. |
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Apple is developing an iPhone app to help users; improve their well-being ;by recording their daily activities. The project; will compete ;with third-party "journaling apps" such as Day One and underscores the firm's; growing interest ;in technology related to mental health. |