According to the statistics uncovered by the analyst Gene Munster, the use of Apple Pay is expected to increase this year, although the adoption speed is still low.
Apple’s foray into AI partnerships and its ongoing development of native AI technologies signal a major shift in its product strategy.
Traffic on Google Maps has dropped by 40% over the last two years with the introduction of the Apple Switch as the likely reason behind this.
Apple plans to start rolling out iOS17 next week onwards from September 18 and will bring significant changes to key apps like Phone, FaceTime, and Messages for iPhone users.
According to the announcement, the iPhone 15 Pro can help to create “spatial videos” which make use of two of the device’s cameras to capture video in 3D.
Apple shares continued with YTD’s bullish outlook with the launch of iPhone 15 which is meant to boost sales of its smartphone global shipments.
Meanwhile, Chief Executive Officer Tim Cook pointed out that sales of Apple products in the United States were declining.
Reportedly, select staff have access to the developing Apple AI chatbot the company plans will rival ChatGPT and Bard.
Sources familiar with the matter said that the Tata Group is planning a complete takeover of the Wistron responsibility for the assembly of iPhone models.
While the Chinese smartphone market experienced a 5% decline in sales during the first quarter of 2023, Apple’s iPhone sales demonstrated resilience, growing by 6% year-on-year during the same period.
Apple stock hit its new ATH driven by increased iPhone sales and the launch of a competitive Vision Pro VR headset last week.
While EU iPhone and iPad users and rival app stores benefit from the changes, Apple could be exposed to a major threat.
AAPL shares have traded sideways since hitting an ATH of $182.94 earlier this year.
According to reports, Apple will lose 6 million iPhone Pros in production as a result of Covid-related turmoil in China.
In its early days of launch, iPhone 14 is seeing weaker demand in one of Apple’s most formidable markets in China. The global macros are playing a key role in the demand drop worldwide.
Despite September being a bad month for the broader stock market, Apple appears to look strong with iPhone lovers contributing to the high pre-order data.