Despite the new features, Wall Street’s response was tepid, with Apple shares closing down nearly 2 per cent
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The AI chipmaker’s stock climbed 5.2 per cent, closing at USD 1,224.40, resulting in a market capitalisation of USD 3.012 trillion
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Shipments of foreign-branded phones in China increased by 52 per cent in April to 3.495 million units from 2.301 million a year earlier
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This advanced version of iPhone is anticipated to carry a higher price tag than the current iPhone Pro Max and may feature Apple's latest-generation processor
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Despite facing challenges in the mid-premium segment, Apple continued to assert its dominance in the premium and super-premium segments
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The tech giant will integrate these chips, akin to those used in Apple’s Mac computers, into cloud-computing servers
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Despite the rebound in March, Apple’s challenges in China persist, with the company reporting a 19 per cent decrease in smartphone shipments during the first quarter of the year—its worst performance since 2020
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The M4 chip in the MacBook Air will focus on enhancing AI functionalities, possibly featuring a Neural Engine with a higher number of cores compared to the existing M3 chip's 16-core setup
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Despite a 4 per cent decline in overall revenue, attributed primarily to a 10 per cent drop in global iPhone sales, Apple’s India operations have surged
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Discussions are underway with OpenAI and Google, owned by Alphabet, to introduce GenAI features for the iPhone
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