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☆ Insider Today: Market's crash landing
▼ + stars: | 2023-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The core question it presents is whether personal AI devices could have the same impact that the iPhone had on the tech industry. Meta's Responsible AI team shrank amid layoffs and restructuring. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021.

Persons: —, Benjamin Netanyahu, Insider's Matthew Fox, Mohamed El, Matthew, Jerome Powell, hasn't, mavens, Izzy Englander, Citadel's Ken Griffin, Point72, Steve Cohen, Phil McCarten, Dave Kotinsky, Shaw, Victor Virgile, Arantza Pena Popo, Bella Hadid, John Lennon, Ben Shelton, Sharon Osbourne, William Hanson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Hamas, Saturday, Israeli, Citadel, federal, Tech, Peoples, Indian Heritage Locations: Israel, D.E, Cupertino, China, South Dakota, Oklahoma, Hawaii, Alabama, Dakota, Los Angeles, New York City, San Diego, London, New York

☆ Apple's center of gravity is China, not Cupertino
▼ + stars: | 2023-10-06 | by ( Hasan Chowdhury | Huileng Tan | ) www.businessinsider.com time to read: +4 min

Apple might be headquartered in Cupertino but its heart is in China. AdvertisementAdvertisementApple's leadership may operate from the 175-acre, tree-covered campus in sunny Cupertino, California but, in reality, the company's center of gravity is in China. Roughly 95% of Apple products including iPhones, AirPods, Macs and iPads are reported to be made in China . And multiple media outlets reported that China had banned iPhones for government staffers, knocking its share price. Apple CEO Tim Cook likes to present the company's decades-long involvement with China as a cause for celebration.

Persons: —, Research, Tim Cook, Anshuman, Gene Munster, Jay Newman Organizations: Apple, CCP, Service, Hindustan Times, Deepwater Asset Management, Elliott Management, Huawei, China, Forum Locations: Cupertino, China, Cupertino , California, iPhones, India, Taiwan, Beijing

☆ DuckDuckGo CEO testified that Apple was 'really serious' about replacing Google as default for private browsing
▼ + stars: | 2023-10-05 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

Apple once considered replacing Google as its default search engine in private browsing mode on its products in favor of DuckDuckGo, according to recently unsealed testimony by the rival search CEO. DuckDuckGo first got a response from Apple about its idea to become the default search engine in private browsing in 2016, Weinberg said. DuckDuckGo claims its search engine greatly reduces the amount of tracking that is still possible in other search engines, even while on private browsing mode. DuckDuckGo presented Apple executives with data about what Apple users expect from private browsing mode, which Weinberg said he'd thought "was pretty compelling." DuckDuckGO estimated its market share "would increase multiple times over" just by becoming the default in private browsing mode.

Persons: Gabriel Weinberg, Apple, Weinberg, Apple's, DuckDuckGo, Craig Federighi, he'd, Adler, John Giannandrea, Giannandrea, Apple didn't Organizations: DuckDuckGo Inc, Washington , D.C, Google, CNBC, Department, Apple, Microsoft, Bing, Worldwide Developers Conference, Samsung, Mozilla, Opera, YouTube Locations: Washington ,, Cupertino , California, Cupertino

☆ Apple CEO Tim Cook makes $41 mln from biggest stock sale in two years
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

[1/2] Apple CEO Tim Cook attends the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023. REUTERS/Loren Elliott/File Photo Acquire Licensing RightsOct 4 (Reuters) - Apple (AAPL.O) Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed. A report from research firm Canalys showed North American smartphone shipments were expected to fall 12% in 2023.

Persons: Tim Cook, Loren Elliott, Cook, Chavi Mehta, Akash Sriram, Anil D'Silva Organizations: Apple, REUTERS, KeyBanc, Thomson Locations: Cupertino , California, U.S, United States, American, Bengaluru

☆ Apple identifies issues causing overheating in the iPhone 15
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +1 min

[1/5] People look at the new iPhone 15 Pro as Apple's new iPhone 15 officially goes on sale across China at an Apple store in Shanghai, China September 22, 2023. The third-party apps causing the issue include game Asphalt 9; Meta's (META.O) Instagram; and Uber, according to the company. The upcoming iOS 17 bug fix will not reduce performance to address the iPhone's temperature. The Cupertino, California-headquartered company said that the iPhone 15 Pro and Pro Max do not suffer from overheating due to the design, rather the new titanium shells result in improved heat dissipation compared to prior stainless steel models. Apple also said the issue is not a safety or injury risk, and will not impact the phone's long-term performance.

Persons: Aly, Apple, Uber, Max, Juby Babu, Nick Zieminski Organizations: Apple, REUTERS, Thomson Locations: China, Shanghai, Cupertino , California, Bengaluru

Apple is blaming a software bug and other issues tied to popular apps such as Instagram and Uber for causing its recently released iPhone 15 models to heat up and spark complaints about becoming too hot to handle. It didn't specify a timeline for when its own software fix would be issued but said no safety issues should prevent iPhone 15 owners from using their devices while awaiting the update. In its acknowledgement, Apple stressed that the trouble isn't related to the sleek titanium casing that houses the high-end iPhone 15 Pro and iPhone 15 Pro Max instead of the stainless steel used on older smartphones. The downturn has affected iPhone sales, which fell by a combined 4% in the nine months covered by Apple's past three fiscal quarters compared with a year earlier. Apple is trying to pump up its sales in part by raising the starting price for its top-of-the-line iPhone 15 Pro Max to $1,200, an increase of $100, or 9%, from last year's comparable model.

Persons: Uber, Apple, Max Organizations: Apple, Meta, Associated Press Locations: Cupertino , California

REUTERS/Yves Herman/File Photo Acquire Licensing RightsSept 27 (Reuters) - Apple (AAPL.O) was ordered on Wednesday to face a private antitrust lawsuit by payment card issuers accusing the company of thwarting competition for its Apple Pay mobile wallet. The proposed class action is led by Illinois' Consumers Co-op Credit Union, and Iowa's Affinity Credit Union and GreenState Credit Union. According to the complaint, Apple's conduct forces more than 4,000 banks and credit unions that use Apple Pay to pay at least $1 billion of excess fees, and harms consumers by minimizing the incentive to make Apple Pay safer and easier to use. White said the plaintiffs plausibly alleged that Apple allow alternatives to Apple Pay, and that more competition would spur innovation and reduce prices. The case is Affinity Credit Union et al v Apple Inc, U.S. District Court, Northern District of California, No.

Persons: Yves Herman, Jeffrey White, Steve Berman, White, Apple, Jonathan Stempel, Mike Scarcella, David Gregorio Our Organizations: Apple, REUTERS, Illinois, Consumers, Credit Union, Iowa's Affinity Credit Union, GreenState Credit Union, Google, Samsung, Apple Pay, Affinity Credit, Apple Inc, Court, Northern District of, Thomson Locations: Brussels, Belgium, Oakland , California, Cupertino , California, Northern District, Northern District of California, New York

☆ Apple is 2 years into its hybrid work pilot and still doesn't know the right balance
▼ + stars: | 2023-09-21 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Apple's hybrid work pilot program is still going two years after it was first proposed. It started after employees pushed back against a plan to bring them back to the office three days per week. "So what we decided to do was run a pilot where people come into the office three days a week. Apple first announced the pilot program Cook spoke of in June 2021 as pandemic restrictions wound down and people came out into the sun squinting their eyes. In mid-2022, Cook told employees that the pilot program wasn't set in stone and expected aspects to be adjusted.

Persons: Tim Cook, Cook, Tayfun, —, Marc Benioff Organizations: Service, CBS, Apple, Anadolu Agency, Getty, Employees Locations: Wall, Silicon, Cupertino , California, United States, Chengdu, Southwest China's Sichuan province

Their work progressed, and an Apple investing feature was meant to roll out in 2022. Source: AppleThe Apple Card launched with much fanfare three years ago, but the business brought regulatory heat and racked up losses as its user base expanded. Earlier this year, Goldman rolled out a high-interest savings account for Apple Card users, offering a 4.15% annual percentage yield. Before Goldman's pivot away from retail banking, the company examined ways to expand its partnership with Apple, sources said. WATCH: Goldman's Apple Card faces mounting credit losses

Persons: Goldman Sachs, Goldman, Tim Cook, Loren Elliott, That's, David Solomon, Charles Schwab, Morgan Stanley's, It's, Robinhood, Elon Musk's Organizations: Apple, Goldman, Reuters Apple, GameStop, AMC, Apple Card, American Express, . Stock, eToro, PayPal Locations: Cupertino , California, U.S, Block's

☆ Apple Watch review: New gesture control feature involves tapping the air
▼ + stars: | 2023-09-20 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

Over the past few days, I’ve been taking phone calls, playing music and scrolling through widgets on the new Apple Watch Series 9 without ever touching the device. The feature isn’t entirely new; the previous generation of Apple Watch Ultra was capable of similar pinch-and-clench gestures via its Assistive Touch accessibility tool. The future of hands-free devicesThe new Apple Watch Series 9 can be controlled by tapping two fingers together. The Apple Watch Series 9 will start at $399 and the Ultra is priced at $799. Although they start shipping on Friday, September 22, the Double Tap feature will launch via a software update next month.

Persons: I’ve, Cupertino , California Justin Sullivan, Apple, it’s, ”, Annette Zimmerman, they’ve, It’s, Sachin Mehta, Mehta, there’s Organizations: CNN, Apple, Apple Watch, smartwatches, Vision, Gartner Research, Apple Apple, Samsung, ABI Research Locations: Cupertino , California

☆ iPhone 15 Pro review: It comes with new Action button on the side, here's how to use it
▼ + stars: | 2023-09-19 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN —The new iPhone 15 Pro lineup offers the typical slate of new features designed to persuade customers to upgrade: They’re slimmer and thinner than last year’s crop. It’s certain the Action Button will become a viable resource for anyone who revisits an app time and time again throughout the day. Another selling point to splurge for the iPhone 15 Pro ($1,099) or iPhone 15 Pro Max ($1,199): The phones come with a titanium casing — the same alloy used to build the Mars Rover — making them what Apple calls the thinnest and lightest Pro models to date. Apple’s entry level iPhones, the iPhone 15 and iPhone 15 Plus, cost $799 and $899, respectively. For now, iPhone 15 Pro users will enjoy playing with the new Action Button.

Persons: I’ve, Max, Apple, Ramon, ”, It’s, Annette Zimmerman Organizations: CNN, Apple, Amazon, Apple's, Rover, Apple Watch, IDC, Gartner Locations: Cupertino , California

☆ Apple's latest iPhone preorder data is 'better than feared,' Morgan Stanley says
▼ + stars: | 2023-09-18 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company's headquarters in Cupertino, California, Sept. 12, 2023. Lead time and preorders for Apple's latest iPhone are "better than feared," Morgan Stanley analysts wrote in a note Monday. And reports from Chinese news agencies "suggest solid early pre-order demand for the iPhone 15," they added, despite investor concerns that have focused on China. "If iPhone 15 lead time and pre-order data continue to surprise to the upside, and/or if iPhone builds remain stable, we'd expect to see a short-term recovery in Apple shares," the analysts wrote. WATCH: Apple announces iPhone 15 lineup and Series 9 Watch at September product launch event

Persons: Tim Cook, Morgan Stanley, Apple Organizations: Apple, Ministry of Foreign, Huawei Locations: Cupertino , California, China, U.S

☆ Apple just released its big annual iPhone update. Here's what's new and how to install it
▼ + stars: | 2023-09-18 | by ( Kif Leswing | ) www.cnbc.com time to read: 1 min

Apple CEO Tim Cook (L) looks at brand new Apple products during an Apple event on September 12, 2023 in Cupertino, California. Apple released iOS 17 for iPhones on Monday. It's Apple's biggest software update of the year, and is available for anyone with an iPhone from 2018 or later. This year's update has a lot of improvements to some of the most used apps, including the Phone app, Messages and Safari. There are a lot of changes, but here are some of the highlights you need to know about:

Persons: Tim Cook, It's Organizations: Apple, iPhones Locations: Cupertino , California

☆ Opinion: Musk, McCarthy and Romney are three kinds of leaders
▼ + stars: | 2023-09-17 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. A vain and ambitious cigar-smoking bully who wore riding breeches, a polished helmet and boots and carried ivory-handled revolvers, he led troops on successful lightning strikes through German-held territory near the end of World War II. Musk has repeatedly been criticized for enabling and boosting antisemitic content on the platform.”“Isaacson tries to square these two Musks. During Trump’s first impeachment, Romney became the first senator in US history to vote to remove a president of his own party from office. He has been willing to do what he believes to be right — consequences be damned.”The differences between Romney and Trump were many.

Persons: CNN — “ Troy, Hadrian, …, ”, George S, Patton, “, Stephen D, Clay Jones, Elon Musks, Elon, Nicole Hemmer’s, Walter Isaacson, Musk “, Musk, ” “ Isaacson, Isaacson, ” Hemmer, Walt Handelsman, Kevin McCarthy, Donald Trump, McCarthy, Joe Biden, “ Trump, impeaching Biden, Norman Eisen, Trump, ” Eisen, Biden, James Antle III, ’, Hunter, McCarthy “, John Avlon, Dennis Aftergut, Lindsey Graham wasn’t, Michelle Lujan Grisham, she’s, Hunter Biden, Robert J, Spitzer, It’s, ” Vladimir, Kim, Vladimir Putin, Kim Jong, Frida Ghitis, Putin, vaingloriously, Peter the Great, Sébastien Roblin, Don’t, Romney Francis Chung, AP Sen, Mitt Romney, Romney, Sen, John McCain, Trump’s, Lanhee J, Chen, Lisa Benson, Kate Bahn, ’ I’m, —, Dana Peterson, Erik Lundh, ” Dana Summers, Kunis Mila Kunis, Ashton Kutcher, Mila Kunis, Danny Masterson, Jill Filipovic, “ Kutcher, Kunis, Kutcher, Masterson, Danilo Cavalcante, Arick, Scott Stantis, Jeff Yang, Jets Phil Hands, Julian Zelizer, Aaron Rodgers ’, ” Don’t, Nick Anderson, Tess Taylor, Tommy Tuberville, Mahnaz, Roxanne Jones, Coco Gauff, Amanda Tyler, Lara Setrakian, Paul Hockenos, Don Lincoln, Sophia Nelson, Tim Scott, Kenneth Branagh, Agatha Christie’s, Hercule Poirot, Noah Berlatsky, Poirot, Branagh, Sara Stewart, Winona Ryder Organizations: CNN, US, Marine Corps, Third Army, Vostochny, Twitter, Defamation League, Agency, Caucus, Republicans, Democrats, White, North, Putin, AP, Senate, Hollywood, Motors, Ford, Chrysler, Dodge, Peugeot, United Auto Workers, UAW, “, Federal Reserve, Conference Board, Ninth, Academy Museum of Motion Pictures, REUTERS, Reuters, Apple, European Union, Jets, Boston Red Sox, The Chicago Cubs, The New York Jets, New York Jets, MetLife, Tribune, Studios Locations: China, Washington, New Mexico, Detroit, Russia’s, South Africa, Hunter Biden’s, Albuquerque, Bernalillo County, Russia, Ukraine, ”, Los Angeles , California, U.S, Aude, Pennsylvania, Brazil, Cupertino , California, Iran, New Texas, Venice

The iPhone 15 Pro is presented during the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023. REUTERS/Loren Elliott Acquire Licensing RightsSept 15 (Reuters) - Buyers of Apple's new iPhone 15 Pro Max in China will need to wait for four to five weeks before receiving the smartphone, the company's website showed on Friday as it started taking pre-orders in an early sign of strong demand. The wait is slightly shorter for iPhone 15 Pro at two to three weeks, while the company said it could deliver iPhone 15 by Sept. 22, the day the phone goes on sale in stores. For the iPhone 15 Plus, the wait in China is eight working days. "The new iPhone 15 series, especially the Pro series, will be a good choice for the installed base who are using iPhone 11/12 and looking for an update replacement," Lam said, while adding that Huawei's Mate 60 series will be a challenge to the iPhone.

Persons: Loren Elliott, Ivan Lam, Lam, Brenda Goh, Yuvraj Malik, Arun Koyyur Organizations: REUTERS, Max, Apple, Huawei Technologies, Huawei, Thomson Locations: Cupertino , California, U.S, China, Shanghai, Bengaluru

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ Apple's iPhone 15 launch focused heavily on AI — even though the tech giant didn't mention it
▼ + stars: | 2023-09-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Apple spent a lot of time talking at its iPhone 15 launch event about the features of its products that use artificial intelligence, even if it didn't mention AI by name. The Cupertino-based tech giant touted what was under the hood of its iPhone 15 range as well as its Apple Watch Series 9, in particular the chip that powers the devices. For the Apple Watch Series 9 and Apple Watch Ultra 2, Apple unveiled the S9 chip. The iPhone 15 Pro and Pro Max meanwhile are powered by the A17 Pro chip. But instead of Apple talking about AI, it focused on the usefulness of Siri on the device.

Persons: Apple, Pro Max, Siri, Gene Munster Organizations: Apple, Pro, Deepwater Asset Management Locations: Cupertino

☆ Buying an iPhone 15? These are the trade-in values of your old Apple, Samsung and Google devices
▼ + stars: | 2023-09-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The tech giant this week unveiled its iPhone 15 and iPhone 15 Pro models at an event at its Cupertino, California headquarters, finally ditching the 11-year-old Lightning port in favor of USB-C. The iPhone 15 will start at $799 when it hits stores on Sept. 22, while the iPhone 15 Pro will start at $999 for the 128GB model. Prices for the phones will go as high as $1,599 for the most expensive iPhone 15 Pro Max with 1TB of storage, while the iPhone 15 Plus' price tops out at $1,199. Apple will also accept Samsung and Google users who want to convert, offering up to $325 for the newest Samsung phones and $125 for the latest Pixel. If you're thinking of buying the latest iPhone, take a look at what your old device might be worth if it's in good working condition.

Persons: Tim Cook, Taylor Swift, Max, it's Organizations: Apple, Samsung, Google Locations: Cupertino , California

☆ CNBC Daily Open: Apple’s new iPhones didn’t ring in investor excitement
▼ + stars: | 2023-09-13 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Attendees look at the brand new Apple iPhone 15 during an Apple event on September 12, 2023 in Cupertino, California. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Apple's new iPhones at old pricesApple announced the iPhone 15 and iPhone 15 Pro, both of which come in a bigger Plus variety, at its annual launch event Tuesday. Surprisingly, Apple kept the price of the iPhone 15 Pro unchanged from last year at $999. [PRO] High oil prices, happy energy stocksOn Tuesday, oil prices hit their highest level since November 2022, according to FactSet data.

Persons: Europe's, Apple, Elon Musk, Vikram Nidamaluri, Vladimir Putin, Elizabeth Warren, Kim Jong Un, Putin, Morgan Stanley, it's Organizations: Apple, CNBC, Oracle, Nasdaq, Lazard, disconnecting, Russia North Korean Locations: Cupertino , California, Russian, U.S, Ukrainian, Crimea, Russia, Pyongyang, Moscow, Ukraine

☆ Apple hikes iPhone prices in key China and India markets despite keeping them the same in the U.S.
▼ + stars: | 2023-09-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on September 12, 2023 in Cupertino, California. The base versions of the iPhone 15, iPhone 15 Plus and iPhone 15 Pro Max remained the same. In India, Apple kept prices for all versions of the iPhone 15 and iPhone 15 Plus the same. But it hiked prices for all of the versions of the iPhone 15 Pro and Pro Max. All the versions of the iPhone 15 Pro Max, however, are priced 10,000 rupees higher than the equivalent iPhone 14 Pro Max model.

Persons: Tim Cook, Max, Apple, Pro Max Organizations: Apple, Pro Locations: Cupertino , California, China, Japan, India, U.S, Cupertino

☆ CNBC Daily Open: Markets were on mute for Apple’s new iPhones
▼ + stars: | 2023-09-13 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

An attendee looks at the brand new Apple iPhone 15 during an Apple event on September 12, 2023 in Cupertino, California. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. New iPhones, old pricesApple announced the iPhone 15 and iPhone 15 Pro, both of which come in a bigger Plus variety, at its annual launch event Tuesday. Surprisingly, Apple kept the price of the iPhone 15 Pro unchanged from last year at $999.

Persons: Apple, Elon Musk, Elizabeth Warren, Vladimir Putin Organizations: Apple, CNBC, Oracle, Nasdaq, U.S, Google, Justice, Elon, SpaceX Locations: Cupertino , California, Asia, Pacific, U.S, Russian, Argentina

☆ Apple unveils iPhone 15 Pro with titanium case, holds line on prices
▼ + stars: | 2023-09-12 | by ( Stephen Nellis | ) www.reuters.com time to read: +5 min

IPHONE 15 LAUNCHBoth the Pro and other iPhone 15 models will have a brighter display and a 48-megapixel camera as well as 100% recycled cobalt in their batteries. [1/6]New iPhone 15 and iPhone 15 Plus are displayed during the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023. Apple said that USB-C charging cables are coming to both its iPhone 15 and the charging case of its AirPods Pro devices. She said the shift "brought some differentiation to the iPhone Pro, because there's faster throughput for data transfer. The iPhone 15 costs $799, the iPhone 15 Plus starts at $899 and the Pro series starts at $999.

Persons: Apple, Jeff Williams, Loren Elliott, Carolina Milanesi, Milanesi, Greg Joswiak, Bob O'Donnell, Pro Max, Lisa Jackson, Stephen Nellis, Aditya Soni, Pushkala, Raechel, Yuvraj Malik, Peter Henderson, Lisa Shumaker Organizations: Apple, Huawei Technologies, Huawei, Securities Times, REUTERS, American Automobile Association, AAA, Creative, TECHnalysis Research, Pro, Counterpoint Research, Thomson Locations: CUPERTINO , California, Cupertino , California, China, U.S, United States, Bengaluru

☆ Apple falls as investors monitor the release of the hotly anticipated iPhone 15
▼ + stars: | 2023-09-12 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Apple stock declined about 1.7% on Tuesday, with investors monitoring the iPhone 15 launch event. Over the last five days, Apple shares have dropped more than 6.3% amid regulatory moves in Europe and China. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. ET in Cupertino, California, is expected to unveil the iPhone 15, which will see significant upgrades with changes to its camera technology and charging port. Wall Street remains bullish on the technology sector at large.

Persons: Goldman Sachs Organizations: Apple, Service, Apple Watch, European Commission, Wall Street Journal Locations: Europe, China, Wall, Silicon, Cupertino , California, Beijing

☆ AI quietly reshapes Apple iPhones, Watches
▼ + stars: | 2023-09-12 | by ( Max A. Cherney | ) www.reuters.com time to read: +3 min

Without using the words "artificial intelligence" to describe the emerging technology, Apple showcased a new line of iPhones and a new watch that included improved semiconductor designs that power the new AI features. In contrast, Microsoft (MSFT.O) and Alphabet's (GOOGL.O) Google set ambitious goals for the level of transformation with their AI efforts. The Neural Engine is what Apple calls the building blocks for its chips that accelerate AI functions. The AI components of the watch chip make Siri, Apple's voice assistant, 25% more accurate. The idea is to give people a way to control the Apple Watch when their non-watch hand is busy holding a cup of coffee or walking a dog.

Persons: Loren Elliott, Siri, Apple's, Max A, Lisa Shumaker Organizations: REUTERS, Apple, Microsoft, Google, Industry, Apple Watch, Thomson Locations: Cupertino , California, U.S, San Francisco

☆ Here's how Apple stock typically performs around its annual launch event
▼ + stars: | 2023-09-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Shares of Club holding Apple (AAPL) stabilized Monday, a day before the tech giant's annual September product-launch event. Prior to reports that Beijing is moving to ban government employees from using iPhones and other foreign-branded devices at work, things had been looking up for Apple's stock. Historically, the run-up to the iPhone maker's annual product event — set to be held on Tuesday — has been bullish for shares. Looking at historical data since 2016 from the 10 trading sessions before the annual product event and then through year-end, here's how Apple has performed each year. Apple's historical performance Apple traded flat in 2016 leading up to the media event, when the company announced the iPhone 7 and 7 Plus.

Persons: Wall, —, That's, Apple, Tim Cook, Goldman Sachs, China's, Jim Cramer, Jim Cramer's, Jim, Josh Edelson Organizations: Apple, Apple Inc, Wedbush Securities, CNBC, Apple's Worldwide, AFP, Getty Locations: China, Beijing, AAPL, Apple's, Cupertino , California

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