Apple apologizes for iPad Pro ad showing hydraulic press destroying guitars, piano

Apple apologizes for iPad Pro ad showing hydraulic press destroying guitars, piano

Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.  Willy Kurniawan | Reuters Apple took on Thursday the unusual step of apologizing for a short advertising video promoting the company’s new iPad Pro tablet after the ad was roundly … Read more

Apple iPad Pro and iPad Air 2024 with M4 chip announced

Apple iPad Pro and iPad Air 2024 with M4 chip announced

Apple CEO Tim Cook speaks during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | AFP | Getty Images Apple announced new versions of its iPad Air and iPad Pro tablet computers on Tuesday in a short video posted on its website.   Apple … Read more

Apple is Buffett’s biggest stock but moat thesis faces questions

Apple is Buffett’s biggest stock but moat thesis faces questions

Tim Cook and Warren Buffett Getty Images (L) | CNBC (R) Berkshire Hathaway‘s Warren Buffett was still using a flip phone as late as 2020, four years after his investment behemoth started amassing a huge stake in the company that makes iPhones. “I don’t understand the phone at all, but I do understand consumer behavior,” … Read more

Apple’s falling iPhone sales not a problem as margins, buybacks grow

Apple’s falling iPhone sales not a problem as margins, buybacks grow

A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for half its revenue. But investors didn’t seem to mind on Thursday, when Apple revealed the year-over-year drop in its fiscal second-quarter earnings report. The stock rose more than 6% after the market close, a rally … Read more

Qualcomm earnings report Q2 2024

Qualcomm earnings report Q2 2024

Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 10, 2024. Steve Marcus | Reuters Qualcomm reported second-quarter earnings on Wednesday that surpassed Wall Street expectations, and provided a strong guide for the current quarter. Shares rose … Read more

AMD earnings report Q1 2024

AMD earnings report Q1 2024

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.  Steve Marcus | Reuters AMD reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations, and provided an in-line forecast for … Read more

Apple’s iPhone Browser-Choice Option Sucks. Its Competitors Have Ideas to Improve It

Apple’s iPhone Browser-Choice Option Sucks. Its Competitors Have Ideas to Improve It

A few representatives from smaller browser companies also expressed that they wanted more information included with Apple’s choice process, like definitions of what a browser is for less tech-savvy users and descriptions of the different browsers’ specialties. “Giving people information about the choice, and also information about what they’re choosing is really, really important,” says … Read more

Intel dominated U.S. chip industry. Now struggling to stay relevant

Intel dominated U.S. chip industry. Now struggling to stay relevant

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the stock down 10% on Friday to their lowest level of the … Read more

Intel (INTC) earnings report Q1 2024

Intel (INTC) earnings report Q1 2024

Intel CEO Pat Gelsinger, holding an Intel chip, speaks during the 54th Annual Meeting of The Semafor 2024 World Economy Summit in Washington, DC, on April 17, 2024. Mandel Ngan | AFP | Getty Images Intel reported first-quarter earnings on Thursday that beat Wall Street expectations for earnings per share, but came up light in … Read more

Apple sends invites to May 7 launch event, new iPads expected

Apple sends invites to May 7 launch event, new iPads expected

Apple will launch new products on May 7 in a online event, according to invites sent to the media on Tuesday. The event, with the tag line “Let loose,” will be livestreamed on Apple’s website at 10 a.m. Eastern time. Apple’s launch events are usually pre-recorded. Apple is expected to release new iPads after no … Read more