Now that Apple is no longer pricing new iPhones at a steep premium, this is motivating users to upgrade to the latest version. Given that the latest versions are filled with better features and apps, this will increase more paid app downloads, in-app purchases, and other monetization models that fall in the services segment. So pretty much the strategy here is to lower the product margin to boost the segment of the business with high recurring revenue and high margins, resembling the razor-blade model.
A Jefferies analyst thinks Wall Street is reading too much into strong early demand for the iPhone 17 — setting the stage for disappointment down the road.
ICEBlock was dropped from the company's App Store after concerns were raised by the Justice Department that it could put law-enforcement officers at risk.
The September jobs report is delayed, but private data shows a stagnant labor market, with healthcare driving most job creation. Apple (AAPL) removed the ICEBlock app from its App Store following safety concerns raised by the Trump administration and law enforcement.
Trump administration officials have issued several legal threats over ICEBlock, a popular app that allows users to alert others to the presence of nearby immigration agents.
Apple said on Thursday that it had removed ICEBlock, the most popular ICE-tracking app, and other similar apps from its App Store after it was contacted by President Donald Trump's administration.
Apple has halted a planned overhaul of its Vision Pro headset to divert resources toward developing smart glasses that can rival products from Meta Platforms , Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
The UK government has renewed its demand for Apple to hand over data uploaded by its users to the cloud, the Financial Times reported Wednesday.
After stumbling out of the gate this year, sliding more than 30% in the first four months, Apple ( AAPL ) has staged an impressive comeback. Over the past three months, the stock has outpaced nearly every other tech giant, trailing only Alphabet ( GOOGL ).
Apple (AAPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
A federal suit alleged Apple forced the employee to work on his Sabbath and later fired him because of his religion.
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