Apple‘s distributors have issued stern warnings to Indian mobile phone retailers and stores, threatening hefty penalties if newly sold iPhones—especially the iPhone 17 series—are activated with foreign SIM cards within 90 days of purchase, according to MoneyControl.“If any device sold from your outlet is found to be activated or used with a foreign SIM within…
The Club’s top 10 things to watch Monday, Nov. 17 1. Stock futures are relatively muted early this morning. The market is coming off a volatile week, driven by doubts about the sustainability of AI spending and whether a December interest rate cut is still on the table. 2. Morgan Stanley issued a double downgrade…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Editor’s Note: A typographical error in this story’s headline has been corrected. Apple Inc. (NASDAQ:AAPL) CEO Tim Cook lauded Chinese app developers for their significant role in the company’s innovation ecosystem. Cook expressed his admiration for the Chinese app developers in an…
CNBC’s Jim Cramer said Monday that Apple’s latest surge, up nearly 9.95 points or about 4%, underscores why investors should own the stock rather than try to trade it and why the broader market followed its lead. Apple helped lift the Dow by 1.12% points, the S&P 500 by 1.07% and the Nasdaq by 1.37%,…
This article first appeared on GuruFocus. Apple (AAPL, Financials) is putting money into companies on both sides of the Pacific. The New York Times says that CEO Tim Cook has promised to invest more money in China, even while the business is getting ready to spend another $100 billion to grow its operations in the…
BEIJING (Reuters) -China’s industry minister met with Apple CEO Tim Cook in Beijing on Wednesday, according to a statement released by the ministry. China hopes Apple will continue to explore the Chinese market, Minister of Industry and Information Technology Li Lecheng told Cook, adding that China will continue to foster a good business environment for…
Apple CEO Tim Cook paid a heartfelt tribute to Steve Jobs on his death anniversary. Sharing a post on microblogging platform X (formerly Twitter), Cook wrote: “Steve saw the future as a bright and boundless place, lit the path forward, and inspired us to follow. We miss you, my friend.” For those unaware, Jobs died…
Apple Inc. has created a ChatGPT-style iPhone application to support the development of a major overhaul of its voice assistant, Siri, expected to launch next year, according to sources familiar with the matter, reported Bloomberg. Veritas: Internal Testing Tool The app, reportedly known internally as Veritas—Latin for “truth”—allows Apple employees to test new AI-driven features…
In Apple in China, Patrick McGee, a veteran Financial Times journalist, provides a sobering and meticulous account of how Apple’s pursuit of scale and profit helped fuel the meteoric rise of China’s techno-industrial power. Ultimately, Apple outsourced not just production, but national leverage. McGee compares Apple’s total investment in China—through capital, supplier development, logistics, and…
It’s time for Wall Street to get more bullish on Apple stock as the company’s newest iPhones hit shelves worldwide on Friday, according to Jim Cramer. Cramer said that early signs of stronger-than-expected demand for Apple’s iPhone 17 models and iPhone Air, coupled with upbeat remarks from Apple CEO Tim Cook himself, should be enough…