Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.
Apple's Tim Cook and Google CEO Sundar Pichai are among the Big Tech leaders planning to attend U.S. President-elect Donald Trump's inauguration on Monday, according to media reports on Wednesday.
Goldman Sachs' partnership with Apple that manages the Apple Card may end before 2030, Goldman Sachs CEO David Solomon said Wednesday (Jan. 15).
Analysts at Bank of America have repeated their ‘Buy' rating for Apple Inc (NASDAQ:AAPL, ETR:APC) as a third party analysis has confirmed their belief that the iPhone maker's gross margins continue to move higher. “Gross margins for Apple have been trending higher for the last several years and while Services mix has been a driver, the margins in iPhones have also been resilient despite the inclusion of increased features/functionality,” they wrote in a note to clients.
Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.
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The European Commission has denied that it is delaying its probes into US tech giants such as Apple and Google after threats of trade measures from incoming president Donald Trump. Responding to questions about reports from the Financial Times yesterday that investigations under the European Union's new Digital Markets Act (DMA) were being delayed after the companies asked Trump to intervene, Commission Vice President Henna Virkkunen said "there haven't been any delays.
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Apple (AAPL -0.48%) stock has been a big winner since the start of the pandemic, soaring in value as the company's market capitalization surpassed $3 trillion. The party may finally come to an end this year, though, as a combination of stagnating iPhone sales, the potential collapse of a $20 billion annual revenue stream, and a lofty valuation come together to put pressure on the stock.
The U.K.'s Competition Appeal Tribunal reportedly ruled that a lawsuit accusing Apple and Amazon of collusion cannot proceed. The tribunal ruled that the plaintiff, consumer law academic Christine Riefa, had not demonstrated “sufficient independence or robustness” to represent the claimant class, referring to third-party funding for the litigation, Reuters reported Tuesday (Jan. 14).
Apple AI is sending misleading push notifications about sensitive stories like Gisele Pelicot's mass rape trial, Britain's grooming gang scandal and a prison officer filmed having sex with an inmate.
International Data Corp cites preliminary data showing that global smartphone shipments increased 2.4% to 331.7 million units in the fourth quarter of 2024.