Apple is set to expand its smart home presence, according to Ming-Chi Kuo. The well-sourced analyst reported on Tuesday that the iPhone maker is working on an IP (internet protocol) camera with an expected 2026 shipping date.
Apple investors were treated to unwelcome news by the company's management.
The European Commission and the Consumer Protection Cooperation Network said Monday (Nov. 11) that Apple may face enforcement measures if it does not stop its geo-blocking practices on certain Apple Media services.
Every year since 2020, one of the new iPhone models has lagged its siblings in sales. This year it's the iPhone 16 Plus, which lands in the middle of the lineup.
Apple's pile of regulatory woes in the European Union has ticked up again: the iPhone maker is being accused of unlawfully discriminating against consumers by applying restrictions on how several of its media services can be accessed around the bloc.
The simple iPhone app is a receptacle for nearly everything: passwords, grocery lists, baby-name brainstorms, the occasional ‘Vanderpump' brain dump.
Apple will not introduce a smart ring, the CEO of health-tech firm Oura told CNBC, despite speculation the iPhone giant may be considering a move into this product category. Samsung's smart ring debut put the products firmly in the spotlight, with one analyst predicting that Apple could launch its own smart ring in 2026.
The European Commission said on Tuesday that along with national authorities it was calling upon Apple to stop geo-blocking practices on Apple Media Services.
Which of these leading internet-age businesses should be in your portfolio?
Loop Capital initiated coverage of Skyworks with a Hold rating and $90 price target. The firm said that Skyworks needs two things to happen to drive shareholder value, namely: it needs to grow its monetized content at Apple and even Android smartphone makers, and; it needs to grow its non-Apple and non-smartphone sales faster in order to drive the desired revenue diversity. This can be done organically, but more effectively, inorganically, the analyst tells investors in a research note.
Loop Capital initiated coverage of Qualcomm (QCOM) with a Hold rating and $180 price target. The firm believes that the company needs revenue diversity "more than anything", especially considering that Apple (AAPL) is in the early stages of moving to its own baseband modem and that the smartphone market is mature, the analyst tells investors in a research note. Loop adds that the AI upgrade cycle is showing mixed results, and its review of the "moving parts" indicates that the stock warrants a neutral stance. Qualcomm + Apple -2.58 (-1.14%)
Bloomberg's Mark Gurman joins Caroline Hyde and Ed Ludlow to discuss what the future holds for Apple as investors await the next blockbuster invention to come from the Silicon Valley giant. He speaks on "Bloomberg Technology.