Latest Apple Inc News

US government sues to block $40 billion Nvidia-Arm chip deal

Dec. 02, 2021 17:47 PM EST

The Federal Trade Commission on Thursday sued to block graphics chip maker Nvidia’s $40 billion purchase of chip designer Arm, saying the deal would create a powerful company that could hurt the growth of new technologies. Nvidia Corp., based in Santa Clara,...

Kroger, Okta rise; Dollar General, Apple fall

Dec. 02, 2021 16:50 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Synopsys Inc., up $14.92 to $349.67. The maker of software used to test and develop chips gave investors an encouraging profit forecast. ...

Salvadoran journalists, activists report spyware alerts

Nov. 24, 2021 22:27 PM EST

SAN SALVADOR, El Salvador (AP) — The Association of Salvadoran Journalists says some news outlets have reported receiving alerts Wednesday from Apple Inc. warning of “possible spying” on the part of the Salvadoran government. The association said it had been...

Apple suing Israeli hacker-for-hire company NSO Group

Nov. 23, 2021 15:58 PM EST

RICHMOND, Va. (AP) — Tech giant Apple announced Tuesday it is suing Israel’s NSO Group, seeking to block the world’s most infamous hacker-for-hire company from breaking into Apple's products, like the iPhone. Apple said in a complaint filed in federal court in...

Under pressure, Apple allows self-repairs to iPhones, Macs

Nov. 17, 2021 19:00 PM EST

Apple is letting some iPhone users fix their own phones, a sharp turnaround for a company that has long prohibited anyone but company-approved technicians from fiddling with its proprietary parts and software. The company said Wednesday that it will enable users of two of...

Apple, Amazon fall; US Steel, Newell rise

Oct. 29, 2021 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Apple Inc., down $2.76 to $149.81. The iPhone maker's fiscal fourth-quarter revenue fell short of analysts' forecasts as supply shortages made it difficult to meet...

Apple's strong quarter suffers $6B blow from supply shortage

Oct. 28, 2021 18:38 PM EDT

SAN RAMON, Calif. (AP) — Apple’s iPhone sales soared yet again in the past quarter, but didn’t grow as rapidly as analysts anticipated because of supply shortages that have made it more difficult to meet the demand for a wide range of products. Until recently, the...

Snap's stock drops as iPhone privacy controls pinch ad sales

Oct. 21, 2021 19:25 PM EDT

SANTA MONICA, Calif. (AP) — Snapchat's corporate parent disclosed Thursday that its ad sales are being hurt by a privacy crackdown that rolled out on Apple's iPhones earlier this year, raising investor fears that the app's financial growth is going into a tailspin. The...

Consumer watchdog to probe Big Tech payment systems

Oct. 21, 2021 16:44 PM EDT

NEW YORK (AP) — In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function. Apple Pay, Google Pay and other payment...

Asian stocks mixed after Wall Street rises for 5th day

Oct. 20, 2021 00:55 AM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose for a fifth day on strong corporate earnings. Shanghai and Seoul, South Korea, fell while Tokyo and Hong Kong advanced. Wall Street's benchmark S&P 500 index rose...