Apple takes top spot in China’s smartphone market for the first time

Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on Sept. 12, 2023, in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images Apple for the first time became the largest smartphone vendor in China by shipments, new data for 2023 released on Thursday showed. The iPhone … Read more

Spotify to begin in-app sales on iPhone after EU law requires Apple to allow it

Daniel Ek, CEO of Swedish music streaming service Spotify, gestures as he makes a speech at a press conference in Tokyo on September 29, 2016. Toru Yamanaka | AFP | Getty Images Spotify said Wednesday it will update its iPhone app in Europe to allow users to buy in-app subscriptions and audiobooks. In most regions, … Read more

The Worst Part Of The Hyundai Ioniq 6’s Charging Experience Is My iPhone

The Hyundai Ioniq 6 is one of the fastest-charging EVs on the market. Thanks to its 800-volt architecture and 350-kW maximum charging speed, the Ioniq 6’s 77.4-kWh battery pack can be charged from 10 to 80 percent in less than 18 minutes. That’s especially nice when paired with the 361-mile range of the SE RWD … Read more

Apple offers rare iPhone discount in China as demand fears rise

The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a lack of demand for its flagship smartphone. Between Jan. 18 … Read more

Wall Street has not been this cautious on Apple stock in years

Apple received yet another downgrade this week, the latest in a stream of cautious calls for the world’s largest company. It could present an opportunity for new investors. Redburn Atlantic analysts on Wednesday cut Apple shares to hold from buy , citing limited multiple expansion opportunities and narrow upside in iPhone sales. And Redburn is … Read more

Apple iPhone sales in China fell over 30% during first week of 2024: Jefferies

Apple CEO Tim Cook delivers remarks during an Apple special event in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images Apple’s iPhone sales in China were down more than 30% year-over-year for the first week of January, while competitors like Xiaomi and Huawei have “remained much stronger” with flat sales, according to … Read more

Apple iPhone supplier Foxconn expects first-quarter revenue decline

Apple’s iPhone 15 series devices are displayed for sale at The Grove Apple retail store on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Images Apple supplier and lead iPhone assembler Foxconn on Friday reported a revenue drop for the final quarter of 2023 and said it … Read more

Don’t read too much into market losses so far

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images 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 … Read more

Despite losses, 2024 holds promise for markets

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 3, 2024, in New York City.  Angela Weiss | AFP | Getty Images 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 … Read more