Apple CEO Tim Cook greets customers as he arrives for the release of the Vision Pro headset at the Apple Store in New York City on Feb. 2, 2024. Angela Weiss | AFP | Getty Images Apple shares climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s best day since May … Read more
Apple CEO Tim Cook attends the first meeting of the American Workforce Policy Advisory Board with then-President Donald Trump in the State Dining Room of the White House in Washington, D.C., on March 6, 2019. Saul Loeb | AFP | Getty Images Apple produced $14 billion worth of iPhones in India over the last fiscal … Read more
Nearly 300 current and former Apple employees have published an open letter alleging that several retail and corporate employees of the company have been disciplined or “wrongfully terminated” for expressing support for Palestinian people through pins, bracelets, or keffiyeh. The group, which calls itself Apples4Ceasefire, is planning a protest outside Apple’s retail store in Lincoln … Read more
The WWDC stage, an hour before showtime. CNBC/Kif Leswing Apple on Tuesday announced that its annual developers conference, WWDC, will take place June 10 through June 14. The conference will be livestreamed on Apple’s website, although the company is inviting some software makers to its campus on the first day to “celebrate in person,” Apple … Read more
China’s efforts to counter the downbeat narrative about a structural slowdown in the world’s second-biggest economy got a boost from enthusiastic endorsements from chief executives of top global companies. Days after he opened an expansive new retail store in Shanghai and pledged a fresh investment in applied research in the country, Apple Inc. Chief Executive … Read more
Apple’s Chief Executive Officer Tim Cook attends the China Development Forum in Beijing on March 24, 2024. Pedro Pardo | AFP | Getty Images Apple will launch its Vision Pro headset in China this year, CEO Tim Cook told Chinese state media. In a video posted on one of CCTV’s accounts on Chinese social media … Read more
Back in 2022 at the annual Code Conference, where tech luminaries submit to on-stage interviews, an audience member asked Apple CEO Tim Cook for some tech support. “I can’t send my mom certain videos,” he said, because she used an Android device incompatible with Apple’s iMessage. Cook’s now-infamous response was, “Buy your mom an iPhone.” … Read more
Apple uses the dominance of the iPhone to illegally suppress competition in ways that harm consumers, the US Department of Justice alleged in a lawsuit filed Thursday. Apple has denied it acts illegally, with spokesperson Fred Sainz saying that the suit “threatens who we are and the principles that set Apple products apart in fiercely … Read more
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. Elizabeth Frantz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more
A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. … Read more
