Latest Apple Inc News

Huawei expects no relief from US sanctions but is confident

Aug. 20, 2019 12:29 PM EDT

SHENZHEN, China (AP) — The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs because of the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology. Ren Zhengfei also said he doesn't want relief...

Asian shares mostly rise after Wall Street rally on Huawei

Aug. 20, 2019 12:06 AM EDT

TOKYO (AP) — Asian shares were mostly higher Tuesday after Wall Street rallied on the U.S. decision to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. That decision appeared to inspire a buying mood among investors eager for any signs of progress in the trade war...

Q&A: Ex-Googler Harris on how tech 'downgrades' humans

Aug. 10, 2019 10:39 AM EDT

Tristan Harris wants to reverse the harmful effects he believes technology has had on all of us. Harris, a former Google design ethicist, first rose to national awareness after a presentation he gave within Google in 2013 spread throughout the industry. In it, he argued that many tech products were designed to be...

The Apple credit card is here

Aug. 6, 2019 10:41 AM EDT

NEW YORK (AP) — The Apple credit card designed primarily for mobile use is here. Some iPhone users who requested a notification about Apple Card will get invites Tuesday to apply through Apple's Wallet app. The company plans to expand sign-ups more broadly in the coming weeks. The card, announced in March...

Profit at Warren Buffett's Berkshire Hathaway rises 17%

Aug. 3, 2019 11:56 AM EDT

NEW YORK (AP) — Berkshire Hathaway, the conglomerate controlled by billionaire Warren Buffett, said Saturday that its second-quarter profit rose 17% as its gains from its investments rose. Berkshire owns several companies, including battery maker Duracell and underwear seller Fruit of the Loom. It also has...

Apple's quarterly profit falls as iPhone sales sputter

Jul. 30, 2019 6:34 PM EDT

SAN FRANCISCO (AP) — Apple's iPhone sales are still sputtering while the company tries to offset the decline by milking more money from digital services such as music. The latest evidence of the iPhone's waning popularity had been expected. Even so, the confirmation in Tuesday's fiscal third-quarter...

Trump refuses to shield Apple's Mac Pros from China tariffs

Jul. 26, 2019 3:31 PM EDT

SAN FRANCISCO (AP) — President Donald Trump has vowed to slap tariffs on Apple's Mac Pros if the company shifts production of the computer from Texas to China. The pledge made in a Friday tweet rebuffs Apple's attempt to shield its products from taxes being imposed on goods made in China as part of Trump...

Apple buys Intel's smartphone modem division for $1 billion

Jul. 25, 2019 5:56 PM EDT

SAN FRANCISCO (AP) — Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The agreement announced Thursday comes three months after Apple ended a long-running dispute with one of Intel's...

Is 'Big Tech' too big? A look at growing antitrust scrutiny

Jul. 24, 2019 3:16 AM EDT

SAN FRANCISCO (AP) — Is Big Tech headed for a big breakup? The U.S. Justice Department has announced a major antitrust investigation into unnamed tech giants, while the House Judiciary Committee has begun an unprecedented antitrust probe into Google, Facebook, Amazon and Apple over their aggressive...

Justice Dept. ratchets up antitrust scrutiny of Big Tech

Jul. 23, 2019 9:43 PM EDT

WASHINGTON (AP) — The U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. It said the probe will take into account "widespread concerns" about social...