Apple
Apple iPhone Production in U.S. Could Spike Costs by 90%: Bank of America Analyst
April 11, 2025 – A report released by Bank of America analyst Wamsi Mohan’s team this Wednesday highlights the potential hurdles Apple could face if it moves all iPhone production to the United States. According to the analysis, such a move could lead to a staggering 90% increase in production costs and create significant logistical…
Apple Loses World’s Most Valuable Crown as Tariff Storm Shrinks Market Cap
April 9, 2025 – On Tuesday, Apple Inc. relinquished its title as the world’s most valuable publicly traded company as its stock price plummeted amid the implementation of steep tariffs on Chinese imports. The tech giant’s shares fell by 5% on Tuesday, shrinking its market capitalization to just under 2.6trillion.Meanwhile,MicrosoftCorp.surpassedApplewithamarketvalueof2.65 trillion. Since President Trump announced…
Apple’s Four-Pronged Strategy to Weather Tariff Storm: Supplier Pressure, Cost Absorption, and More
April 8, 2025 – Apple Inc. is reportedly preparing a multifaceted strategy to counteract the financial impact of impending tariffs on its products, according to Bloomberg’s Mark Gurman. The company’s global manufacturing footprint faces fresh challenges as new tariffs threaten operations not only in China but also in countries where it has diversified production, including…
Gurman: Siri Snags Delay Apple’s Smart Home Hub Launch to 2026
April 8, 2025 – Apple’s highly anticipated next-generation smart home hub, initially slated for a 2025 launch, now faces potential delays extending into 2026, according to Bloomberg’s Mark Gurman in his latest Power On newsletter. The device, internally codenamed J490, was positioned as a voice-centric control center leveraging an upgraded Siri interface and App Intents…
Gurman: Apple Unlikely to Assemble iPhones in U.S. Due to High Costs
April 7, 2025 – In a recent report by Bloomberg’s Mark Gurman, it has been suggested that Apple is unlikely to shift iPhone production to the United States in the coming years, despite the latest tariff measures imposed by U.S. authorities. The primary factor cited for this decision is the prohibitive cost associated with such…
Retrospective Render: Unveiling the Unrealized Apple Melbourne Store, Six Years On
April 3, 2025 – Six years after Apple Inc. abandoned its plans to build a flagship store at Federation Square in Melbourne, Australia, due to public outcry, a new vision of what the unrealized store could have looked like has emerged. Designer Filip Chudzinski has utilized 3D renderings to showcase the proposed multi-level pavilion design…
Apple CEO Tim Cook Realizes $24M from Stock Cash-Out
April 3, 2025 – In a recent development reported by tech news outlet MacRumors yesterday (April 2), Apple Inc.’s Chief Executive Officer, Tim Cook, has reportedly realized profits exceeding $24 million from the sale of company shares. According to filings with the U.S. Securities and Exchange Commission (SEC), Cook sold 108,136 restricted stock units (RSUs)…
2024 Foldable Phone Shipment Shakeup: Samsung Down, Huawei and Xiaomi Up
April 1, 2025 – The market research firm CounterPoint Research released a blog post on March 28th, revealing that the global foldable smartphone market experienced a mere 2.9% growth in 2024, marking a significant deceleration. The report further projects that the market will witness its first single-digit negative growth in 2025 but anticipates a robust…
Upcoming iPad Pro and MacBook Pro to Feature Apple’s New M5 Chip in 2025
March 31, 2025 – In a recent update to his “Power On” newsletter, Bloomberg’s Mark Gurman has revealed that the iPad Pro equipped with the M5 chip has entered its final testing phase and is scheduled for release this year. This iteration of the iPad Pro will be among the first devices to feature the…
Apple Pledges Support for Myanmar and Thailand Earthquake Relief Efforts
March 31, 2025 – Apple CEO Tim Cook announced today that the tech giant will donate an undisclosed sum to support relief efforts in Myanmar and Thailand following the devastating earthquakes that struck the region. In a post on social media, Cook expressed, “Our thoughts are with everyone in Myanmar and Thailand who has been…