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☆ Apple interrogation of NYC worker about union drive was illegal, U.S. labor board rules
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +2 min

Customers shop at the new Apple Store at the World Trade Center shopping mall in New York City. The manager of an Apple Inc retail store in Manhattan violated U.S. labor law by asking an employee whether he supported a union campaign, a federal labor board has ruled in its first decision involving the tech giant. The Democrat-controlled board also affirmed the judge's ruling that Apple illegally barred workers at the World Trade Center store from distributing union flyers. At least two Apple stores in the U.S. have unionized since 2022, and unions are working to organize several other locations including the World Trade Center store. The ruling requires Apple to post notices at the store informing workers that it violated the law and informing them of their legal rights.

Persons: Monday, Apple Organizations: Apple, World Trade Center, Apple Inc, National Labor Relations Board, Democrat, World Trade, . Workers, NLRB Locations: New York City, Manhattan, U.S, Oklahoma City

☆ Apple CEO Tim Cook made $63 million last year — here's how that breaks down
▼ + stars: | 2024-05-03 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Apple CEO Tim Cook's base salary has been $3 million a year since 2016. His total compensation was $63.2 million in 2023, down from $99.4 million the previous year. AdvertisementApple chief Tim Cook has been paid an annual salary of just $3 million since 2016. However, the CEO of the second-most valuable US company also gets stock awards and a performance-based bonus, which boosts his overall earnings. His pay packet was made up of $46.9 million in stock awards and $10.7 million in non-equity incentive plan compensation.

Persons: Tim Cook's, —, Tim Cook, Cook, It's, Apple Organizations: Apple, Service, SEC, Forbes, Bloomberg, Developers Conference, Business Locations: China

☆ 26-year-old's side hustle brings in $38,500 a month, takes 20 minutes a day: This can be 'passive all year long'
▼ + stars: | 2024-04-25 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Francisco Rivera quit his tutoring job in December after his side hustle brought in six-figures in 2023. DON'T MISS: The ultimate guide to earning passive income online Rivera estimates 30% to 50% of each sale is profit. The success of Rivera's Etsy shop allowed him to quit his tutoring job in December. Leveraging existing skillsAfter college, Rivera worked in Apple stores in the Dallas-Fort Worth area for three years. Rivera started seeking new ways to make income when demand for online tutoring waned after the pandemic, he says.

Persons: Francisco Rivera, Francisco Rivera's, Rivera, Rivera's, he's, Bali —, That's Organizations: Sail University, Apple, CNBC, Outschool Locations: Bali, Dallas, Fort Worth, Orlando

☆ Apple fans may already be moving on from the Vision Pro
▼ + stars: | 2024-04-23 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Read previewSome tech devotees already seem to be losing interest in Apple's Vision Pro just months after the futuristic headset hit the market. That's bad news for Apple, which spent eight years and billions of dollars creating the Vision Pro. Apple has seemingly responded to the growing disinterest by boosting marketing around the device, evidenced by the Vision Pro's prime placement on the company's website. The Vision Pro requires its wearer to attach a battery, start the device, and move through its interface each use. BI's Jordan Hart foresaw some of those issues back in February, writing that she was running out of reasons to wear the Vision Pro after just one week.

Persons: —, Mark Gurman, Apple, Gurman, BI's Jordan Hart, he'd Organizations: Service, Apple's Vision, Apple, Business, Vision

☆ Why Apple is betting big on India
▼ + stars: | 2024-04-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +26 min

I think one estimate put, at one point, I think China was producing something like 90% of the world's iPhones. So when we talk about, you know, Apple manufacturing elsewhere, it's going take a long time to significantly ramp up iPhone production elsewhere. And you know, opening a physical Apple store often for Apple is a sign of a big deal. But you know, Apple looking at India going, wow, we've only got 7% of market share there, we could grow huge amounts. And of course, as we know, with Apple, the hardware is the, you know, one side of the equation, but also, you know, Apple makes billions of dollars off of its services business, which includes things like its App Store fees, it's Apple Pay, Apple TV, all of those other products and services.

Persons: Tim Cook, Apple, it's, It's, Tom Chitty, we've, Arjun Kharpal, Arjun, they're, let's, hasn't, We've, they've, Apple's, that's, we're, There's, Narendra Modi, Arjun Kharpal It's, Tom Chitty Huawei, Kharpal Huawei, Tim Cook's, I've, haven't, He's, They've, Arjun Kharpal There's, Tom Chitty Oppo, Tom Chitty Xiaomi, Tom Chitty Samsung, You've, They're, Transsion, Tom, Tom Chitty I'm, Kharpal, Tom Chitty We'll Organizations: Apple, Bloomberg, CNBC, U.S, Arjun Kharpal It's Samsung, Samsung, China, Apple Watch, Huawei, IDC Locations: India, Foxconn, China, beyondthevalley@cnbc.com, Covid, Zhengzhou, Vietnam, Asia, Thailand, Indonesia, Southeast Asia, Mumbai, New Delhi, Xiaomi, Europe, U.S, Arjun Kharpal Vietnam, Hanoi , Vietnam, Hanoi, Taiwan, Beijing, America, Africa, The

☆ These Apple Vision Pro buyers are returning their headsets — and this is why
▼ + stars: | 2024-02-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Read previewWhen the Apple Vision Pro hit the market on February 2nd, would-be fans lined up at the break of dawn to test the mixed-reality headset at their local Apple Stores. One major reason Vision Pro customers say they want a refund: its seemingly clunky design. Some Redditors who claim to be returning the Vision Pro also referenced how uncomfortable it is to wear the headset. Disappointment in the headset's vision quality is another gripe expressed by Vision Pro customers. AdvertisementThat is, if the Vision Pro ever gets cheaper.

Persons: —, they're, Farzad Mesbahi, Mesbahi, Collin Michael, he's, Michael, Apple, Kane Sutter, Matt Schneider, Apple didn't, Sutter Organizations: Service, Apple Vision, Apple Stores, Business, Twitter, Apple, Vision, Vision Pro, YouTube, Pro

☆ Apple’s Vision Pro headset to hit stores in the US. Here’s what you need to know
▼ + stars: | 2024-02-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —The Vision Pro, Apple’s first new product in seven years, will officially launch in stores on Friday in the US. The Apple Vision Pro headset is displayed in a showroom on the Apple campus in Cupertino, Calif., after it's introduction at the company's annual developers conference, Monday, June 5, 2023. The Vision Pro is a high-priced headset that blends virtual reality with augmented reality that projects digital images on top of real-world settings. Vision Pro includes surround sound, with audio pods that sit outside the ears to deliver rich immersive audio. Morgan Stanley analysts project the company will ship up to 400,000 Vision Pro units this year.

Persons: Apple’s, Tim Cook, Cook, Jeff Chiu, it’s, Siri, Luke Skywalker’s, Ming, Chi Kuo, Morgan Stanley Organizations: CNN, Apple Stores, New York Times, Apple, Pro, Vision, Disney, Apple Watch, Shipping Locations: Cupertino , Calif

☆ Preorders for Apple's $3,500 Vision Pro are already backed up a month
▼ + stars: | 2024-01-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Apple's Vision Pro became available to preorder on Friday at 8 a.m. AdvertisementPreorders launched for Apple's new Vision Pro early Friday morning, and it looks like customers were eager to snap up the first available units. The Vision Pro, with its sky-high price tag, was always expected to be a smaller launch than something like the newest iPhone. Earlier this month, analyst and Apple supply chain expert Ming-Chi Kuo predicted that the company would produce only 60,000 to 80,000 Vision Pro units for the initial launch. "Since the shipment is not large, I believe that Vision Pro will sell out soon after the release," Kuo wrote on X.

Persons: —, Preorders, Chi Kuo, Kuo, You'll Organizations: Apple, Service, Pro, Vision

☆ Apple's travel case for its $3,500 Vision Pro costs $199. Other new accessories can push the cost of the device over $4,000.
▼ + stars: | 2024-01-19 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Apple has started selling accessories for its new Vision Pro mixed reality headset. AdvertisementThe Apple Vision Pro just got a little more expensive, thanks to a new line of accessories. Pre-orders for the Vision Pro began the same day, with delivery already backed up at least into March. An extra light seal, which blocks out light and helps the Vision Pro better fit your face, goes for $199. Add these up, and the cost for the Vision Pro and some accessories could easily exceed $4,000.

Persons: —, Apple, Signups Organizations: Apple, Service, Vision, Vision Pro, Belkin, Bloomberg

Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023. Apple will again be barred from selling watches with blood oxygen sensors beginning Thursday, a federal appeals court said Wednesday. The decision is a blow to Apple, which was previously forced to remove the latest Apple Watches from its U.S. stores for several days in December. Apple may be forced to remove a blood oxygen sensor feature on its latest devices in order to keep the smartwatches on the U.S. market. If Apple must continue to keep its latest smartwatches from U.S. stores, it could complicate repairs at Apple stores, which often swap broken devices with replacements.

Persons: Masimo Organizations: Apple, U.S, Appeals, Federal Circuit, International Trade Commission, Apple Watch Locations: New York, U.S

☆ Apple's biggest new product since the iPhone, the Vision Pro, launches soon — here's how to order the 'spatial reality' headset
▼ + stars: | 2024-01-17 | by ( Antonio Villas-Boas | John Lynch | Senior Tech Reporter | ) www.businessinsider.com time to read: +3 min

The Apple Vision Pro is a mixed-reality device that combines virtual and augmented reality, but Apple would rather you call it a "spatial reality" headset. AdvertisementApple Vision Pro: How to orderPrepare for the (slightly convoluted) process of ordering an Apple Vision Pro. AppleThe purchasing process for the Apple Vision Pro is more involved than the company's other products. AdvertisementApple Vision Pro: FeaturesThe Vision Pro projects hovering displays to your eyes, and can be used to run apps as you would on a Mac computer with multiple monitors. The Apple Vision Pro can also play videos on a hovering display that feels like a huge TV.

Organizations: Apple, Apple Vision

☆ Apple is offering free 25-minute demos for its $3,500 Vision Pro. Here's what buyers can expect.
▼ + stars: | 2024-01-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Apple plans to host demos for its $3,500 Vision Pro at Apple Stores. Users will be shown how to view images and videos while wearing the headset, Bloomberg reported. AdvertisementApple recently announced that it was offering up free demos of its much-anticipated mixed-reality headset, Vision Pro. Apple retail workers will start by fitting users with a headset and explaining how the interface works. Once the headset is on, users will be shown how to view still, panorama, and 3D images that Apple calls "spatial photos," per Bloomberg.

Persons: — Organizations: Apple Stores, Bloomberg, Service, Apple, Employees, Digital

☆ India is a breakout star during a tough year for emerging markets investing
▼ + stars: | 2023-12-20 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The India SENSEX Index, an index of 30 large companies listed on the Bombay Stock Exchange, is up 18% this year. The iShares MSCI India ETF (INDA) is at a new high. You run several international ETFs focused on the internet and ecommerce, including the India Internet & Ecommerce ETF (INQQ). The internet companies are the fastest growing consumer companies. The India Internet economy may grow 500% by 2030.

Persons: Burton Malkiel, Kevin Carter, Todd Sohn, There's Organizations: Bombay Stock Exchange, Edge, Chemical Bank, Princeton University, EMQQ, India, Ecommerce, Strategas Securities, Microsoft, Apple, India's Tata Group, Bajaj Financial, China ETF, White House Locations: Europe, India, China, United States

☆ 2 Stanford grads want to replace your beer with cannabis drinks—they’ve already sold 10 million cans
▼ + stars: | 2023-11-14 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Anderson and Bullock refer to it as a "social tonic," or a hangover-free alternative to beer. It's one of the top-selling cannabis beverage brands in the U.S., according to market research firm BDSA. Bullock and Anderson project sales of more than 9 million cans next year — which, with prices starting at $24 per six-pack, would generate at least $36 million in annual revenue. Unsurprisingly, the co-founders say they're well-positioned to fill the void — even as research into cannabis' health effects remains inconclusive. That same year, Constellation Brands, which produces Corona and Modelo beers, invested $4 billion in Canadian cannabis company Canopy Growth.

Persons: Jake Bullock, Luke Anderson, Cann, Anderson, Bullock, haven't, seltzer, MBAs — Anderson, Stanford, misfire, we've Organizations: Los, Anderson, CNBC, Gallup, Cann's, Bain, Co, Harvard University, Stanford University, Constellation Brands, Modelo, Apple Locations: Los Angeles, Canada, U.S, Palo Alto, alma, Colorado, Palo Alto , California, Corona, Florida, Sicily, California

Updated Oct. 20, 2023 12:00 am ETiPhone 15 sales have been weak in China. Photo: Cfoto/Zuma PressApple Chief Executive Tim Cook is crisscrossing China, one of the company’s largest markets, where challenges are mounting amid weak iPhone 15 sales and heightened government scrutiny. The whirlwind trip, which wasn’t announced ahead of time, has involved drop-ins at Apple stores, a visit to a key supplier and meetings with senior officials, including Chinese Commerce Minister Wang Wentao .

Persons: Tim Cook, wasn’t, Wang Wentao Organizations: Zuma Press Apple, Apple, Chinese Commerce Locations: China

☆ iPhone 15 sales look like they're starting off slow in China ahead of a critical holiday season
▼ + stars: | 2023-10-18 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

A month after Apple's latest iPhones came out, analysts and investors are starting to see signs of slow demand in China versus last year's models. Sales of Apple's iPhone 15 models in their first 17 days are down 4.5% in China versus last year, according to an estimate from Counterpoint Research. Jeffries analysts say "weak demand" in China has knocked Apple off the top spot for smartphone market share in the country. It's a tough smartphone market for everyone. "Apple, we suspect, could be down five-ish percent — and the China market is down at least 5%," Counterpoint research director Jeff Fieldhack told CNBC.

Persons: Jeffries, fretting, iPhones, Tim Cook, Apple, Jeff Fieldhack Organizations: Counterpoint Research, Max, Wall Street, Apple, Huawei, CNBC Locations: Shanghai, China, North America, Europe

☆ Apple releases iOS update to fix overheating iPhone 15 Pro problems
▼ + stars: | 2023-10-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Apple released a fix for an issue that caused the new iPhone 15 to "run warmer than expected." Apple said the problem was a software issue and not related to the Pro's titanium frame. AdvertisementAdvertisementApple released a software update to fix a bug that caused the new iPhone 15 pro to overheat after some users complained the phone was getting too hot to handle. The iPhone 15 has proved popular since going on sale last month, with strong sales in China and queues at some Apple stores around the world. That's despite some Apple fans being dissatisfied with the fairly incremental changes from previous models, with some users branding the iPhone 15 "boring" and "underwhelming" on social media.

Persons: Apple, — Organizations: Apple, Service Locations: China

☆ The iPhone 15 launch in France could be disrupted after Apple store workers voted to strike on release day
▼ + stars: | 2023-09-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Apple store workers in France are set to strike on the same day the tech giant launches the iPhone 15. Workers at France's 20 Apple stores are set to walk out on Friday and Saturday, the same time the company's latest iPhone is due to hit shelves. Apple unveiled the iPhone 15 at its "Wonderlust" event last week. The latest iPhone comes with a range of new features, including a customizable "action button" and a titanium body on the high-end Pro range. Some fans have been unimpressed by the new model, however, with the iPhone 15 being branded "boring" and "underwhelming" by some on social media.

Organizations: Apple, Service, Workers, Apple Retail, CGT, French, Liberation Locations: France, Wall, Silicon, Apple Retail France, Europe

☆ Jim Cramer sees encouraging signs around demand for Apple's latest iPhone
▼ + stars: | 2023-09-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Apple preorders Delivery dates for the iPhone 15 suggest that demand for Apple' s (AAPL) newest smartphone is outpacing supply, Goldman Sachs said in a note to clients Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Goldman Sachs, Preorders, Goldman, he's, Jim Cramer's Organizations: CNBC, Dow Jones, Nasdaq, Dow, Oracle, Apple, Apple Watch, Pro Max Locations: China

☆ Apple disputes French findings, says iPhone 12 meets radiation rules
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: +1 min

Apple said on Wednesday its iPhone 12 model was certified by multiple international bodies as compliant with global radiation standards after a French watchdog ordered it to stop selling the handset on the grounds it breaches European exposure limits. The ANFR said it would send agents to Apple stores and other distributors to check the model was no longer being sold. Apple said it had provided ANFR with multiple Apple and independent third-party lab results proving its compliance with all applicable SAR regulations and standards in the world. The European standard is a specific absorption rate of 4.0 watts per kilogram. ANFR added the tests showed the phone complied with so-called body-SAR standards when it was in a jacket pocket or bag.

Persons: Apple, AFNR Organizations: Apple Locations: France

☆ A viral rant about a grocery store customer who tried to buy over $1,000 of stuff using food stamps is dividing TikTok
▼ + stars: | 2023-09-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Someone tried to buy over $1,000 of groceries with food stamps at the supermarket chain Food Lion. A Food Lion worker posted on TikTok, saying the customer abandoned their carts and didn't end up paying. Insider was not able to independently confirm which branch of Food Lion Malik works at, or their position at the store. Food stamps are a blessing," read one comment. Representatives for Malik and Food Lion did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Malik, Food Lion Malik Organizations: Food, Service, Food Lion, Apple, ppl, FS, Pew Research Center, SNAP, US Department of Agriculture Locations: Wall, Silicon, American

Currently, the Western Alliance Bank High Yield Savings Account is the highest-yield savings account on Raisin. You can earn 5% or more with several savings accounts, including the Milli Savings Account, Betterment Cash Reserve, Newtek Bank High Yield Savings Account, and more. A high-yield savings account is a type of bank account that offers a higher interest rate than a traditional savings account. High-Yield Savings Account BasicsA savings account is an interest-earning bank account. A good high-yield savings account will likely be an account where you can grow your savings without unnecessary hassles."

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☆ For Apple, emerging markets like Vietnam, India and Indonesia are 'a golden opportunity' right now
▼ + stars: | 2023-05-19 | by ( Michelle Toh | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Apple launched an online store in Vietnam this week, in another nod to the growing importance of emerging markets for the iPhone maker. Markets like Vietnam, India and Indonesia are becoming more important for Apple as its growth in developed markets, including China, slows down, prompting the company to focus on places where it’s traditionally been less active. “Clearly, growth has slowed globally and thus put more pressure [on Apple] to aggressively go after emerging markets,” said Daniel Ives, managing director of Wedbush Securities. This has “been the core part of its success in China that now can be replicated in India, Indonesia, and Vietnam, among others,” said Ives. And while consumers are becoming more affluent, the company’s price points are still considered high in many emerging markets, noted Ives.

☆ Premarket stocks: This is how the banking crisis ends
▼ + stars: | 2023-05-05 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

London CNN —US regional bank stocks look set to rebound Friday but are still down sharply this week, accentuating fears that federal regulators have not yet contained a crisis in the sector that could shake the financial system. Breaking it down: Wall Street is on the hunt for any signs of vulnerability in the banking system after the high-profile demise of Silicon Valley Bank, Signature Bank and First Republic Bank in a matter of weeks. While authorities stepped in to protect depositors at those banks, investors were left with stocks that were suddenly worthless. “I believe it really only ends after we get some type of government intervention,” Michaud told me. The value of short positions in regional bank stocks reached $15.1 billion in mid-April, up from about $13.7 billion one year ago, according to data from S3 Partners.

☆ Apple opens its first store in India as it looks for a new generation of iPhone users
▼ + stars: | 2023-04-18 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Apple on Tuesday opened its first store in India, highlighting the importance of the market to the iPhone maker's future. The first store, called Apple BKC, is located in the populous city of Mumbai. Cook posted a photo of himself and staff at the new apple store on Monday. Apple BKC runs on 100% renewable energy, Apple said. Cook traveled to India for the opening of the store, nearly seven years after his first visit as Apple CEO.

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