A host of similarities between tech stocks now and previous bubbles suggest the Magnificent Seven is nearing — but not yet at — levels that may lead it to pop, according to Bank of America Corp. strategists. They cite a handful of indicators, such as bond yields, valuations and price action, that suggest there are … Read more
Watching pirated movies on your iPhone just got a little harder. After climbing the charts of Apple’s App Store, the trendy Kimi app, with its collection of bootlegged movies, has just disappeared. Pretending to be a spot-the-difference vision-testing game, the widely downloaded app ranked above Netflix, Hulu, and Amazon Prime Video in Apple’s charts this … Read more
Google got to where it is mostly by offering free services stuffed with ads, but it has increasingly experimented with a different business model: selling subscriptions for extra perks. Its first subscription offering, debuted in 2006, provided additional photo storage for users who didn’t want to have to hit the delete button. You can now … Read more
Apple has launched its newest product, The Vision Pro, a virtual reality headset. It became available in Apple stores Friday in the United States. CEO Tim Cook welcomed waiting customers at Apple’s New York City Flagship store to unveil the company’s first new product in seven years. Apple is marketing its product as a “revolutionary … Read more
Pennies were pinched in Mountain View last year. For much of its existence as a public company, Google had made a headline-grabbing acquisition at least once a year as it used the profits from its surging ads business to bet on new frontiers. Billions of dollars went to scooping up Motorola, Nest, HTC, and Fitbit … Read more
“Especially for the big app developers with loads of downloads, who are the ones that really Apple make all their money from, that will rack up to a very high cost very quickly,” says Max von Thun, Europe director at Open Markets, a group dedicated to campaigning against monopolies. “This new cost structure, including the … Read more
The best Valentine’s Day gifts for men aren’t always so obvious, especially since it can feel like V-Day gifts are catered more to the girlies than the guys. You know what you want, but what does he want? Of course, a good rule to follow is to gift something he wouldn’t indulge in on his … Read more
On January 24, Apple’s Macintosh computer turns 40. Normally that number is an inexorable milestone of middle age. Indeed, in the last reported sales year, Macintosh sales dipped below $30 billion, more than a 25 percent drop from the previous year’s $40 billion. But unlike an aging person, Macs now are slimmer, faster, and last … Read more
Joanna Stern of The Wall Street Journal. Courtesy of Joanna Stern If Vision Pro is mostly meant to be used from a couch cushion or desk chair, the external battery pack may not factor in as much. As I pointed out last spring, it’s an unusual choice for a consumer tech company that has, over … Read more
The revisions provide developers “a meaningful opportunity” to do business outside of Apple’s billing system “while also enabling users to make an informed choice” about where to transact, attorneys for the company say in a court filing. The arrangement is similar to how Apple began allowing alternative purchase options—with a fee—in the Netherlands and South … Read more
