Turns out the iPhone X isn’t too pricey after all. That’s one major takeaway from Apple’s earnings report Tuesday. The company, which many feared would report dismal iPhone sales and offer a soft sales forecast for the current quarter, ended up surprising just about everybody — even Apple executives. iPhone unit sales, while not soaring, …
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The iPhone boom times may be officially over. And Apple may have the iPhone X to thank for that. This fiscal year was supposed to be a blowout for Apple. The company redesigned its popular iPhone for the first time in three years and touted the iPhone X as “the future” of mobile. Analysts declared it would drive a “supercycle” that …
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Apple CEO Tim Cook on Tuesday pulled a rabbit out of his hat. Analysts and investors have worried that the iPhone’s best days are behind it — a problem, since the phone is Apple’s biggest moneymaker — and that the company would report weak results in the June quarter. But iPhone sales didn’t fall off a cliff as feared, and Apple’s projections …
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Jan Koum is moving on. The WhatsApp co-founder said in a Facebook post Monday that he plans to leave his messaging company, which Facebook bought four years ago for $19 billion. Koum, who reportedly will also be leaving his position on Facebook‘s board, said “it is time for me to move on.” He said he’s taking time off to pursue hobbies like …
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Apple CEO Tim Cook has nothing but praise for augmented reality, saying it’s a technology that’s potentially as important as the iPhone. It turns out he may have big plans for virtual reality too. The company is working on a headset capable of running both AR and VR technology, according to a person familiar with Apple’s plans. Plans so far …
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Qualcomm’s licensing disputes may soon come to an end — or at least the chipmaker is doing all it can to make that happen. Late Wednesday, the company said it’s lowering the cap on royalties it charges handset makers for using its technology, and it confirmed that Samsung, one of its most important customers, pays less than it did before. …
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The smartphone slowdown is real. Samsung’s first-quarter revenue and profits soared, but it warned of tougher times ahead in the mobile market — including a slowdown in demand for its newest phones, the Galaxy S9 and S9 Plus. The South Korean electronics giant on Wednesday reported a 20 percent jump in revenue and a 58 percent rise in operating profits as it benefited …
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Apple and Samsung will face off for yet another damages retrial in May — but Tim Cook and Jony Ive won’t be there. The two companies on Monday filed their witness lists with the US District Court for the Northern District of California in San Jose for their upcoming trial. The lists included industry experts and executives from both companies, …
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Apple is looking to an iPhone-chomping robot to help save the planet. On Thursday, the consumer electronics maker introduced Daisy — a new robot in Apple’s Austin, Texas, factory that disassembles old iPhones to make it easier to reuse and recycle their parts. It replaces the previous robot, Liam, and uses some of the older machine’s components. Daisy’s unveiling is …
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Looks like Arm doesn’t plan to buy part of Qualcomm after all. CNBC reported on Thursday that Qualcomm’s former CEO, Paul Jacobs, had been talking to strategic investors to help raise money to take the mobile chipmaker private. One investor name listed was Arm, the UK company that designs the architecture that’s the basis of most mobile chips. Its customers, …
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