New York (CNN Business)Apple is feeding some of Wall Street’s biggest fears. The Dow dropped 660 points, or 2.8%, on Thursday after Apple warned it will badly miss its quarterly sales forecast because of weakening growth and trade tensions in China. Apple
New York (CNN Business)The iPhone was once Apple’s biggest boon. Now it’s becoming the company’s biggest headache. Apple (AAPL) warned investors to expect lower sales from the holiday quarter due primarily to “lower than anticipated” iPhone sales in China amid
SHANGHAI/SAN FRANCISCO (Reuters) – Apple Inc, facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc patents, said on Friday it will push software updates to users in a bid to resolve
New York—(CNN Business)A Chinese court has banned the sale and import of most iPhone models in a stunning decision sure to escalate the nasty trade war between the United States and China. The ban does not cover the new iPhone
Microsoft has unseated Apple to rank as the world’s most valuable listed company, reclaiming the number one spot after more than 15 years. The software giant ended Friday with a market value of more than $851bn (£668bn) compared with Apple’s
(CNN)—The era of rapid iPhone growth ended years ago. Now Apple is making a change to ensure it doesn’t have to talk as much about that problem. On a conference call Thursday, top Apple executives laid out their plans to
Apple briefly lost its $1tn valuation on Thursday when its shares fell 7% in after-hours trading despite posting record results. The tech giant’s strategy of charging more for its phones has paid off, with revenues jumping in the last three
BRUSSELS/SAN FRANCISCO (Reuters) – Apple (AAPL.O) Chief Executive Tim Cook is expected to praise new European privacy rules and to voice the company’s support for strong laws in Europe and the United States to protect the use of data, according
A report alleging that Apple and Amazon had data stolen by Chinese spies has been strongly disputed by both tech firms. Apple and Amazon have both responded publicly to claims made by Bloomberg Businessweek which described the cyber-attack. “There is
Apple and Amazon are among US companies and agencies who have had data stolen by Chinese spies, claims Bloomberg. The data had been siphoned off via tiny chips inserted on server circuit boards made by a company called Super Micro Computer,