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Friday May 3, 2024. 05:55 PM
Apple CFO Luca Maestri Apple is planning a long-awaited push into generative artificial intelligence (GenIA), the fruits of which are expected to be revealed at its annual Worldwide Developers Conference in June. “We are making significant investments in the space,”...
Several of Apple’s standard system components are poised to get significant AI-related enhancements, powered by Apple’s forthcoming Ajax LLM with Siri, Safari, Messages, Mail, and Spotlight being first in line for the treatment, AppleInsider reports. Marko Zivkovic for...
Apple’s board of directors on Thursday announced the authorization of an additional program to buyback up to $110 billion of the company’s common stock. The stock price surged in pre-market trading. Dan Gallagher for The Wall Street Journal: It is the largest boost...
Dow Jones futures and other major stock indexes extended their rallies in Friday premarket trading after the U.S. Labor Department’s weaker-than-expected April jobs report. Among the risers was Apple stock, which enjoyed a surge fueled by a record $110 billion share...
Thursday May 2, 2024. 10:47 PM
MacDailyNews presents live notes from Apple’s Q224 Conference Call with analysts starting at 2pm PT / 5pm ET today, May 2, 2024. This stream is best experienced on an iPhone 7 or later, iPad (5th generation or later), or iPod touch (7th generation) using Safari on iOS 12...
Apple today announced financial results for its fiscal 2024 second quarter ended March 30, 2024. The Company posted quarterly revenue of $90.8 billion, down 4 percent year over year, and quarterly earnings per diluted share of $1.53. “Today Apple is reporting revenue of...
Apple stock has been in decline for most of the year, but AAPL investors are likely to get at least one bit of good news when the company reports earnings Thursday afternoon. More cash in form of buybacks, fist and foremost, and a bump in dividends. Emily Bary for...
Apple to extend new core technology fee to iPadOS apps Apple will extend its newly introduced core technology fee to iPadOS apps downloaded on its App Store in the EU after the iPad operating system was added to a list of key services subject to EU tech rules, the company...
With Apple stock down about 11 percent, this has so far been a year of bad news after bad news for Apple investors. Now, the company is set to report fiscal second-quarter earnings after Thursday’s market close. Eric J. Savitz for Barron’s: For the March quarter,...
Google paid $20 billion to Apple in 2022 to be Safari’s default search engine, Bloomberg News reports, citing newly unsealed court documents in the Justice Department’s antitrust suit against Google. Leah Nylen for Bloomberg News: The deal between the two tech giants is...
Apple has low expectations from Wall Street analysts and investors for its second-quarter results due right after the close on Thursday, but also faces hopes for continued big buybacks.: Its reputation as a haven that can outperform in all market conditions has been...
Global stock markets showed cam on Thursday after the U.S. Federal Reserve squelched talk of more interest rate hikes as Apple earnings loom large for Wall Street. Marc Jones for Reuters: The U.S. central bank’s rate setters unanimously decided to leave rates in the...
Wednesday May 1, 2024. 11:31 PM
Qualcomm gives better-than-expected revenue forecast onThursday as the company highlighted strong demand for “premium tier” or “AI-powered” smartphones that require the most advanced chips. Kif Leswing for CNBC: Here’s how it did versus LSEG consensus...
Here’s what analysts expect from Apple, according to LSEG consensus estimates: • Earnings per share: $1.50 • Revenue: $90.01 billion These expectations are versus $1.52 in EPS and $94.84 billion in revenue in Q223. Daniel Howley for Yahoo Finance: The...
Apple’s iPhone 16 said to come in new color-infused green “Fixed Focus Digital” has claimed on the Chinese social media site Weibo that Apple will offer the iPhone 16 and possibly the iPhone 16 Pro in a color-infused green option. Chris Hauk for iDropNews: Previous...
iPhone 15 Pro Mac Historically, Apple’s iPhone Pro models get passed by the lower-end models in the spring, but not this year. Andrew Orr for AppleInsider: The second full quarter since the release of Apple’s iPhone 15 series reveals a significant shift in consumer...
Owners of LG TVs can now enjoy Spatial Audio with Dolby Atmos after the latest update to the Apple Music app added support for the spatial audio format. Rasmus Larsen for FlatpanelsHD: Previously, for TV and home cinema devices, Apple Music’s Dolby Atmos support was...
Jake Gyllenhaal, Ruth Negga, Chase Infiniti and Kingston Rumi Southwick star in “Presumed Innocent,” premiering June 12, 2024 on Apple TV+. Apple TV+ on Wednesday debuted the teaser for “Presumed Innocent,” the upcoming, eight-part limited series starring and...
Apple CarPlay (Image: Apple, Porsche) Michael Waldron bought a 2024 Chevrolet Blazer EV for $62,000 last November, he was enamored with the electric SUV’s “radiant red” paint and deluxe interior with slick displays stretched across the dash. There was one big thing missin...
Apple’s plans to catch up to rivals in generative AI and revive sagging sales in the Chinese smartphone market will be in focus on Thursday, when the Mac maker is expected to report its biggest quarterly revenue decline in more than a year. Yuvraj Malik for Reuters: ...
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