Apple

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Most Valuable Company on the Planet Isn't American Anymore

Apple is replaced by Saudi Arabia's Aramco

(Newser) - Two years ago, Apple passed Saudi energy giant Aramco to become the world's most valuable company. But with the ongoing rout of tech stocks, Aramco has just reclaimed the symbolic title, reports the BBC . Apple is currently valued at $2.3 trillion, and Aramco at $2.4 trillion. Don'...

After 21 Years, the iPod Is Being Discontinued
Time to Say
Goodbye to
the iPod
May 10, 2022 6:16 PM CDT

Time to Say Goodbye to the iPod

Apple is discontinuing device after 21 years

(Newser) - Some 21 years after Apple introduced a device that the company boasted could "put 1,000 songs in your pocket," it's time to say goodbye to the iPod. Apple announced Tuesday that the iconic device is being discontinued, though it will still be available online and at...

Tim Cook Just Dunked on Netflix, Amazon

Oscar win for his platform's 'CODA' gives him bragging rights ahead of older rivals

(Newser) - When CODA won the Oscar for best picture on Sunday, it handed a huge victory to Tim Cook and his Apple+ streaming platform. After all, Cook "triumphed just two and a half years after formally entering the film and TV business," writes Matthew Belloni at Puck . He trumped...

Apple Announces New iPhone SE, MLB Deal

New version of budget iPhone will be faster but also more expensive

(Newser) - Apple on Tuesday unveiled a new version of its budget-priced iPhone that's capable of connecting to ultrafast 5G wireless networks, an upgrade that's already been available on the company’s upscale models for more than a year. The latest iPhone SE marks the first upgrade to the bare-bones...

Buybacks Pay Off for Buffett, Berkshire

Apple investment is working out, too, annual letter to shareholders says

(Newser) - Warren Buffett has made plenty of major acquisitions, but he told shareholders Saturday that he hasn't run across any exciting big deals lately. So he and Vice Chairman Charlie Munger have been putting Berkshire Hathaway's cash to use buying back company shares, he told shareholders in his annual...

Tim Cook's Compensation Should Alarm Investors: Firm

He received $99M in 2021, or 1,447 times the wage of an average Apple worker

(Newser) - Apple shareholders are urged to raise a stink about a $99 million pay package awarded last year to CEO Tim Cook, who's already reportedly worth more than $1 billion. In a letter to shareholders published Wednesday, proxy advisory firm Institutional Shareholder Services said there are "significant concerns" about...

Peloton Shares Surge Amid Buyout Rumors

Amazon, Nike are among the reported suitors

(Newser) - Peloton is back in the news, but not because of another fictional heart attack . This time, it's because the company's stock is surging amid takeover rumors, reports CNBC . Shares were up more than 25% in trading Monday after multiple reports—including in the Wall Street Journal and London'...

Tim Cook's Alleged Stalker Believed to Be in California, Armed

Apple CEO granted restraining order against the 45-year-old Virginia woman

(Newser) - Apple CEO Tim Cook has been granted a restraining order against a woman accused of stalking him—and whom Apple believes is currently somewhere in Silicon Valley, armed. The 45-year-old Virginia woman has allegedly sent Cook threatening emails including pictures of a loaded gun and threats to burn down his...

This Year's Stock Market Rise Has a Potential Hitch

It hinges on 5 big stocks, which makes investors worried

(Newser) - If your 401(k) has done well in 2021, a Goldman Sachs analysis points to five key reasons:
  • Apple
  • Microsoft
  • Nvidia
  • Alphabet (Google)
  • Tesla

Apple Delays Office Return for 5th Time. This Time It's Indefinite

Employees, originally told to plan for February return, will also get $1K bonus, per CEO Tim Cook

(Newser) - First the date for Apple employees to return to the office was set for last June . That ended up getting shifted to September, and then three more times after that, with the latest target mapped out for Feb. 1. Now, once more thanks to COVID, yet another postponement, and this...

Report: Apple Is Working on Fully Self-Driving Car

Sources say company plans to launch by 2025

(Newser) - Apple's secretive "Project Titan" car team has shifted gears, insiders say. Sources tell Bloomberg that the team is now concentrating on creating a fully self-driving vehicle and aims to launch it by 2025. Bloomberg's sources say the company recently reached a "key milestone in developing the...

Apple Shifts on Muzzling Employees
Apple
Shifts on
Muzzling
Employees
Nov 21, 2021 12:10 PM CST

Apple Shifts on Muzzling Employees

Internal post affirms right to discuss pay with colleagues or outside the company

(Newser) - In the face of an employee movement on the issue, Apple has told its workers that nothing in its rules restricts them from freely discussing working conditions and pay, inside or outside the company. The post went up on an internal site Friday evening, CNN reports. "Our policies do...

Apple Flips on Right to Repair, Will Sell Parts to Consumers

Program to start with iPhone 12 and 13 next year, then add Macs

(Newser) - In a victory for the right-to-repair movement, as well as owners of Apple products, the company soon will permit DIY repairs. Apple announced Wednesday that it will provide instructions on home repairs, as well as start selling more than 200 parts and the necessary tools, the Verge reports. Until now,...

One Charger for All Devices? Europe May Make It a Law
In a Shot at Apple, Europe
Plans New Law on Chargers
the rundown
Sep 23, 2021 11:17 AM CDT

In a Shot at Apple, Europe Plans New Law on Chargers

Legislation would require that phones, etc., use universal charger, a USB-C

(Newser) - Anyone who's fought with a tangle of wires hunting for the right charger may find themselves cheering a proposed law in Europe: It would require that all phones, tablets, and all other such electronic devices use the same type of charger—a USB-C, reports the BBC . Apple is already...

Epic CEO on Fortnite Drama: 'Apple Lied'

Tim Sweeney says Apple told Epic the game would be 'blacklisted' until case is resolved

(Newser) - Tim Sweeney, CEO of Fortnite maker Epic Games Inc., said Wednesday it’s been told by Apple that the game will be “blacklisted from the Apple ecosystem” until the companies’ legal case is resolved and all appeals are exhausted, which could take as long as five years, the AP...

iPhones of the Future May Keep Tabs on Your Mental Health

Apple has teamed up with Biogen, UCLA to study depression, anxiety, cognitive decline

(Newser) - We rely on our devices for practically everything these days, and Apple apparently hopes we'll soon check our iPhones to get a better handle on our mental health. The tech giant has previously teamed up with UCLA on mental health research, and with pharmaceuticals company Biogen on studying cognitive...

Apple Unveils iPhone 13, Upgraded Apple Watch
Apple Introduces iPhone 13
Sep 14, 2021 6:28 PM CDT

Apple Introduces iPhone 13

Latest model will have up to 1 terabyte of storage

(Newser) - Apple has unveiled its next iPhone line-up, including a model that offers twice the storage available in earlier versions and other modest upgrades to last year’s editions that proved to be a big hit among consumers devouring the latest technology during the pandemic. From the AP :
  • They'll hit
...

Apple Update Fixes Big iPhone Security Problem
Apple Issues iPhone
Update After Hack
Sep 14, 2021 12:17 AM CDT

Apple Issues iPhone Update After Hack

Though such schemes 'are not a threat to the overwhelming majority of our users'

(Newser) - Apple released a critical software patch to fix a security vulnerability that researchers said could allow hackers to directly infect iPhones and other Apple devices without any user action, the AP reports. Researchers at the University of Toronto's Citizen Lab said the security issue was exploited to plant spyware...

Apple: Don't Attach iPhones to High-Power Motorcycles

Company says it can permanently damage camera

(Newser) - The iPhone apparently was not born to be wild. Apple warned users last week that attaching iPhones to powerful motorcycles exposes the devices to " intense high-amplitude vibrations" that could damage camera systems, the BBC reports. A support document released Friday states that vibrations "transmitted through the chassis and...

Judge's App Store Ruling a Blow to Apple

Restrictions have been loosened—good news for app developers, and possibly consumers

(Newser) - A federal judge ordered Apple to dismantle part of the competitive barricade guarding its closely run App Store, threatening one of the iPhone maker's biggest moneymakers. It could potentially also save app developers billions of dollars that could encourage them to lower the prices paid by consumers, per the...

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