Apple Inc. (AAPL)
Apple: This Is More Than A Quarterly Peak
Apple (AAPL) delivered robust Q2 results: revenue up 16.6% YoY, gross margin at 49.3%, and strong iPhone and Services growth. Greater China revenue surged 28.1%, driven by strategic iPhone pricing and subsidy timing, with a second consecutive quarter of strong expansion. AAPL guided June-quarter revenue 14–17% higher YoY, well above consensus, but margin guidance reflects rising memory costs and supply constraints.
Apple to pay $250M to settle lawsuit over Siri's delayed AI features
Apple has agreed to pay $250 million to settle a class-action lawsuit over how it marketed its AI features ahead of the launch of the iPhone 16. The Financial Times was the first to report the news.
Apple Settles False Advertising Claim Over Missing AI Features
Apple agreed to pay $250 million to settle a shareholder lawsuit that alleged that the company failed to add artificial intelligence features to its iPhone at the time it had promised, Reuters reported Tuesday (May 5).
How to get your slice of Apple's juicy $250M settlement over Siri AI delay
If approved, the settlement would be one of the largest-ever from Apple and result in cash payments of up to $95 for owners of roughly 37 million iPhones bought in the US.
Is ‘Chipflation' The Next Hormuz Crisis?
Samsung has become the second $1 trillion stock in Asia, and that carries two messages: first, the AI fever is back, and second, “chipflation” could become the next Hormuz-style sticker shock.
Can the Rest of the Mag 7 Reach the Google-Level Greatness Shown Last Quarter?
Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) just rewrote what a Mag 7 quarter is supposed to look like.
Why OpenAI, Amazon and Apple Want to Be the Smartphone in Your Pocket
On January 9, 2007, Steve Jobs stood on stage at Macworld and introduced three products. An iPod with a bigger screen and touch controls, a mobile phone, and something he described as a breakthrough internet communications device.
Apple Will Pay $250M to Settle Allegations It Misled iPhone Buyers About AI
Those who bought select iPhone models could collect up to $95 each.
Apple: iPhone And Services Drive Growth, But Margin And Supply Risks Loom
Apple Inc. delivered record Q2 2026 revenues of $111.2B, with robust double-digit growth across all regions and strong iPhone and Services performance. Gross margins expanded to 49.3%, driven by favorable product mix and Services, though margin risks from higher input and R&D costs warrant monitoring. AAPL authorized $100B in share repurchases and raised its dividend by 4%, signaling confidence despite supply chain headwinds, especially for Mac products.
Apple Plans to Turn Devices Into AI Platforms
Apple plans to offer third-party artificial intelligence models alongside its own in-house models, Bloomberg reported Tuesday (May 5), citing unnamed sources. With this offering, users of the company's software will be able to choose the model they want to use for tasks such as generating and editing text and images, according to the report.
Apple Reaches $250 Million Settlement Over Claims It Misled People on A.I.
Some iPhone owners will be eligible to receive $25 to $95 over claims that the tech giant oversold its artificial intelligence system, Apple Intelligence.
Apple plans to make iOS 27 a Choose Your Own Adventure of AI models
When iOS 27 is released later this year, iPhone users will reportedly have a lot of choice when it comes to which AI models they want to use on-device.
