Apple stock just had its best day since last May

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 made $14 billion worth of iPhones in India in shift from China

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

Apple Store Employees Say Coworkers Were Disciplined for Supporting Palestinians

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

Tim Cook’s love for China helps Xi fight fears of economic slump

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 announces WWDC 2024, AI announcements expected

The Worldwide Developers Conference stage. 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 said. At … Read more

Apple to launch Vision Pro in China this year, Tim Cook says

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

The Case Against Apple Weaponizes the Cult of Cupertino

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

Company faces years of distractions

Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multiyear process involving hundreds of lawyers and threatening Apple’s “walled garden” business model. If … Read more

4 Internal Apple Emails That Helped the DOJ Build Its Case

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

US Justice Department and state sue Apple in landmark antitrust lawsuit

By Brian Fung, Hannah Rabinowitz and Evan Perez | CNN Washington (CNN) — The US Justice Department and more than a dozen states filed a blockbuster antitrust lawsuit against Apple on Thursday. It’s the latest – but largest – in a recent string of Big Tech companies to face monopoly accusations from the US government, … Read more