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☆ Apple announces new iPad Pro with M4, new iPad Air tablets
▼ + stars: | 2024-05-07 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

watch nowApple on Tuesday announced new versions of its iPad Air and iPad Pro tablets, in a short video posted on its website. The iPad Pro, Apple's most expensive and advanced tablet, will come in two sizes, a 11-inch model and a 13-inch model, Apple said. The smaller iPad Pro starts at $999, and the larger 13-inch model starts at $1299 with 256GB of storage, a slight price increase from its predecessor. The new iPad models use a new Apple chip called the M4, an update from the M3 chips that currently power Apple's laptops. The iPad Pro comes with a 12 megapixel rear camera that can record 4K video, according to Apple.

Persons: Tim Cook, Apple, Todd Haselton, John Ternus, Todd Haselton Apple Organizations: Apple, CNBC

☆ Apple's China sales in focus ahead of earnings
▼ + stars: | 2024-05-02 | by ( Kif Leswing | ) www.cnbc.com time to read: +5 min

In February, Apple said it expected sales similar to last year's $94.84 billion during the same period and flat iPhone sales. In the December quarter, sales dropped 13% in Greater China, which includes Hong Kong and Taiwan. Analysts polled by FactSet expect $15.25 billion in China regional sales, which would be a 14% year-over-year decline. "In strong iPhone cycles, Apple's China revenues typically grow much faster than Apple overall, as Chinese consumers embrace the new phone," Sacconaghi wrote. Meanwhile, state statistics show iPhone sales falling 33% in February, the second consecutive month of declining shipments.

Persons: Tim Cook, Deirdre O'Brien, Apple, AAPL, Bernstein, Toni Sacconaghi, Sacconaghi, David Vogt, Aaron Rakers, There's, Morgan Stanley, Erik Woodring, Woodring Organizations: Apple, Analysts, FactSet, Huawei, Chinese Communist Party, Counterpoint Research, UBS Locations: China, Greater China, Hong Kong, Taiwan, repurchases

☆ Apple believes that AI is the future
▼ + stars: | 2024-04-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Apple wanted all eyes to be on the Vision Pro when it launched. A report about AI chips coming to next-gen Macs helped boost Apple's stock by $112 billion. AdvertisementTwo months ago, Tim Cook was busy marking Apple's bold new vision of the future with the launch of expensive nerd goggles. Second, the future of the Vision Pro remains highly uncertain. Just don't expect the Vision Pro to steal the show in the same way a big AI reveal would.

Persons: —, Tim Cook, Bloomberg's Mark Gurman, Apple, Peter Kafka Organizations: Apple, Service, International Data Corporation, Publishing, Getty, Huawei, Apple's, Vision Locations: Cupertino, Shanghai, China

☆ We're trimming our largest position after a big run and a tech giant that has tested our patience
▼ + stars: | 2024-04-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Shortly after the opening bell, we will be selling 265 shares of Disney at roughly $122.60. Given the more-than-50% run Disney shares have had from their October 2023 lows, we think it is prudent to trim and move our rating down to a 2, meaning wait for a pullback before buying more. We're also paring back our position in Google parent Alphabet now that the stock has recovered from its fourth-quarter earnings pullback . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Bob Iger's, It's, Nelson, —, Jim Cramer, We're, Jim, Claude, Alphabet's, Bloomberg — Organizations: Disney, Dow Jones, DIS, Apple, Bloomberg, CNBC, New York Stock Exchange, View Press, Getty Locations: New York

☆ A tech modder is selling a DIY kit to upgrade your AirPods Max with a feature expected in Apple's next-gen version
▼ + stars: | 2024-02-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

A self-proclaimed hardware hacker modded his AirPods Max to have a USB-C charging port. It's rumored that Apple's next generation of the headphones will ditch the Lightning port for USB-C. AdvertisementOne engineer is giving AirPods Max owners one less reason to upgrade to the new model that Apple is expected to eventually announce — if they're the DIY type. But Pillonel wasn't willing to wait, dubbing his modified headphones the "World's First USB-C AirPods Max" in his video description. While it then added the port to many of its devices, including iPads and accessories, the MacBook has used a USB-C port for years.

Persons: Max, —, Ken Pillonel, iPhones —, Pillonel wasn't, That's, that's, Pillonel Organizations: Service, YouTube, Apple, Bloomberg, eBay

☆ Apple is shipping out jailbroken iPhones and a bunch of stickers to bug bounty hunters
▼ + stars: | 2024-02-01 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJailbreaking iPhones — essentially, hacking iOS to remove security features — is a talking point on social media again. Gergely Kalman, a security researcher, posted a photo of a "Security Research Device," or SRD, a jailbroken iPhone 14 Pro sent to him by Apple, on X (formerly known as Twitter). Apple pre-jailbreaks the devices, allowing third-party researchers to probe for vulnerabilities without worrying about being locked out. "Apple strongly cautions against installing any software that modifies iOS," the iPhone User Guide said.

Persons: —, Gergely Kalman, Kalman, Apple Organizations: Service, Apple, Business, iOS, TechCrunch Locations: Spain

☆ Apple was just forced to crack open its App Store — but the changes are already being called 'hot garbage'
▼ + stars: | 2024-01-27 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Apple just did something unthinkable: it opened up its App Store. AdvertisementApple's absolute rule over the App Store has just been broken for the first time since its launch in 2008. Developers in the EU could previously only sell apps through Apple's App Store. It means developers can simply bypass the App Store. Did... did Apple just introduce the equivalent of Unity's runtime install fee... but for all iOS app developers in the EU?!

Persons: —, Peter Kafka, Apple, Tim Sweeney, Tim Sweeny, Rachel Luna, Stringer Apple, Sweeney, Nikita Bier, Eric Seufert, Heracles Capital, Seufert, Ashley Gullen, Z7KMiWEqmD — Ashley Gullen Organizations: Apple, Service, European Union, Digital, Epic, Microsoft, Valve, Heracles, European, Unity, European Commission Locations: iPhones, EU

☆ Apple is quietly stockpiling startups and hunting for talent as it fights for a slice of the AI boom
▼ + stars: | 2024-01-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. And it's embarking on a hunt for AI talent as it seeks to catch up with rivals like Google and Microsoft. They also suggest that Apple is ramping up its search for AI talent, advertising AI-focused jobs across several areas, including health , on-device AI , and building " foundation models," which are baseline AI models like GPT-4. Apple did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Siri, Morgan Stanley, Apple, Tim Cook, ChatGPT Organizations: Service, Business, Financial Times, Google, Microsoft, Apple, Apple's Worldwide, Conference, Apple Watch, Bloomberg Locations: PitchBook

☆ Apple has a stunning stranglehold over Gen Z — and it'll pay off for decades to come
▼ + stars: | 2023-10-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Researchers found many teens have the iPhone and the Apple Watch — and also use Apple Pay. Still, Apple Music doesn't lead the way: More teens use Spotfiy, the survey says. The report says 42% of teens were found to have used Apple Pay, the tech company's cash transfer app. And 34% of teen respondents said they own an Apple Watch. An incoming call on on Apple Watch, the most popular watch brand among teenagers.

Persons: Piper Sandler, Spotfiy, —, Gen, Piper, Max —, Hiroshi Lockheimer, Lockheimer, Thomas Haigh, doesn't Organizations: Apple Watch, Apple, Service, Casio, Garmin —, YouTube Music, Amazon Prime, Street Journal

☆ India's slow progress in becoming a chipmaking powerhouse to rival China is bad news for Apple
▼ + stars: | 2023-07-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Apple has long depended on China for manufacturing, but the relationship is getting complex. Two recent developments suggest India's push to become a viable alternative to China — and benefit Apple — are mixed. "Foxconn has determined it will not move forward on the joint venture with Vedanta," Foxconn said in a statement to Reuters. That's a critical blow to Modi, who set out chip manufacturing as a strategic part of his ambitions to level up India. Vedanta chairman Anil Agarwal tweeted that the joint venture meant "India's own Silicon Valley is a step closer now."

Persons: Foxconn, —, China's, Luxshare, JP Morgan, Tim Cook, Modi, Madhuri Dixit, Mukesh Ambani, Narendra Modi, That's, Europe's, Anil Agarwal, Agarwal Organizations: Apple, Apple ., Tata Group, Bloomberg, Vedanta, Reuters Locations: China, India, Asia, China's hawkishness, Taiwan, Vietnam, Beijing, Mumbai, iPhones, Karnataka, Modi's, Gujarat, Cupertino

☆ The history of Apple in photos, from the early Steve Jobs era and iPhone launch to crossing the $3 trillion milestone under Tim Cook
▼ + stars: | 2023-06-30 | by ( Matt Weinberger | Avery Hartmans | Sindhu Sundar | ) www.businessinsider.com time to read: +1 min

But the iPhone-maker almost didn't make it this far — it struggled in the '90s until Steve Jobs returned as the company's CEO. Apple has weathered hits and flops over the years, from the launch of the influential Apple II to the misguided Newton MessagePad. Apple surpassed a $3 trillion market cap on Friday morning — a milestone it previously hit once last year but didn't sustain. Michael Dell himself once quipped that if he were in Jobs' shoes, he'd shut Apple down and return the money to the shareholders. Here's a look into the history of Apple in photos, from its inception, through its hard times, to the triumphant return of Jobs.

Persons: Steve Jobs, Newton, Michael Dell Organizations: Apple, Morning, Microsoft

Here's the full roundup of which Apple Watches will get watchOS 10 — including all of the best Apple Watch models currently available — and which models won't have access to the new OS. Note that iPhones that aren't compatible with iOS 17 won't support watchOS 10. Apple Watches that are compatible with watchOS 10Apple Watches that are not compatible with watchOS 10It should come as no surprise that the below models of the Apple Watch won't be compatible with watchOS 10, as they weren't compatible with watchOS 9 previously. But for the sake of clarity, the following list of older Apple Watch models won't work with watchOS 10. All models compatible with iOS 17 are compatible with watchOS 10.iPhones that are not compatible with watchOS 10The following iPhones aren't compatible with iOS 17, and therefore won't be able to connect to an Apple Watch running watchOS 10:

Organizations: Apple, Apple Watch, Smart

☆ American teens aren't excited about virtual reality, with only 4% using it daily
▼ + stars: | 2023-04-04 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

A gallery assistant wearing an Oculus Quest 2 virtual reality (VR) headset to view the House of Fine Art (HOFA) Metaverse gallery stands in front of digital artwork "Agoria, _{Compend-AI-M}_ 2022 #16" during a preview in Mayfair, London, UK, on Thursday, Nov. 10, 2022. Virtual reality hasn't caught on with American teens, according to a new survey from Piper Sandler released on Tuesday. In addition, teenagers didn't seem that interested in buying forthcoming VR headsets. Only 7% said they planned to purchase a headset, versus 52% of teens polled who were unsure or uninterested. Facebook parent Meta is also expected to release new virtual reality headsets later this year.

☆ India has big manufacturing plans. Goldman names 2 global stocks to benefit — giving one 60% upside
▼ + stars: | 2023-03-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The investment bank called the plan, known by its Production-Linked Incentive Schemes, as a "substantial opportunity" for Greater China tech firms. The initiative incentivizes foreign companies to start manufacturing in India and encourages local firms to expand their production and exports there. Goldman said tech represents more than half of the opportunity. Under the IT hardware initiative, for instance, Greater China tech firms represent 76% of potential capital expenditure contribution. Stock picks Goldman named two buy-rated stocks that it said stand to benefit from India's big manufacturing plans.

☆ Tesla vs. BYD: Market pros pick their favorite electric vehicle giant
▼ + stars: | 2023-03-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Tesla has long been an investor favorite for exposure to the electric vehicle transition, but not everyone is convinced. Berkshire Hathaway-backed BYD , for example, is often touted as a better bet than Tesla. BYD is so much ahead of Tesla in China ... it's almost ridiculous," Charlie Munger, vice-chairman of Berkshire Hathaway, said last month . "Long term, Tesla is not a car company and that's the difference. 'Take profit' in Tesla Wall Street veteran David Trainer has a more bearish view, however, as he urged investors to "take profit" in Tesla.

☆ GenZers who own an Android have lost track of how many times they've been bullied for not having an iPhone but they still refuse to switch
▼ + stars: | 2023-02-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Gen Z accounts for 34 percent of iPhone users and just 10 percent of Samsung users, according to data reported by Financial Times. Two Android phone users in their twenties told Insider that because of the wide disparity, they face challenges as minorities in the digital world. However, issues with being the only one with an Android phone still affect Carrier's friendships. According to Avila, Android users were seen as "poor or a loser," and the mentality gained popularity online. "Even if Androids are the better phone, that stigma would never make me get one," Avila told Insider.

☆ Foxconn's iPhone factory in China — the world's largest — hit by Covid outbreak
▼ + stars: | 2022-10-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Foxconn said Tuesday that its factory in Zhengzhou, China — the world's largest assembly plant for Apple's iPhones — was hit with a small Covid outbreak. Zhengzhou, in central China's Henan province, has been battling a new wave of Covid this month. Foxconn's position highlights the balancing act required by manufacturing facilities to meet customer demand under Beijing's strict Covid policy. Apple still relies heavily on China for the majority of its iPhone production, but the Cupertino giant has looked to diversify its supply chain. Last month, Apple said that it has begun assembling its flagship iPhone 14 in India.

☆ Apple may be seeing a demand split for iPhone 14 models, Bank of America says
▼ + stars: | 2022-09-19 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

There is a divergent picture of demand developing for Apple 's newest lineup of iPhones, according to Bank of America. But that appetite does not appear to exist down the lineup, where the iPhone 14 and iPhone 14 Plus have shrunken wait times compared with prior years. This could be driving customers to shift into the iPhone 14 Pro/Pro Max models which bodes well for mix and ASP, in our opinion. However, this might also suggest weaker demand overall for iPhone 14, which could be concerning," Mohan wrote. That change and component shortages could be impacting the year-to-year comparisons of shipping times, Mohan cautioned.

☆ Tim Cook says Apple doesn't get many requests to fix green bubble messages to Android users
▼ + stars: | 2022-09-08 | by ( Katie Canales | ) www.businessinsider.com time to read: +3 min

Apple CEO Tim Cook told an audience member Wednesday to "buy your mom an iPhone." The fan asked Cook about how Apple converts Android messages, a long contentious topic. At the annual Code Conference Wednesday night, Cook was answering audience questions when one man asked about improving cross-device messaging. This is why some users complain about poorly converted videos and other media when sending them between Android and iPhones. "These problems exist because Apple refuses to adopt modern texting standards when people with iPhones and Android phones text each other," the Android website says.

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