Big Tech firm Apple is warning investors that its newest lines of products may not live up to the success of its iPhones. This comes as it ventures into new technology like artificial intelligence and wearable tech like virtual reality headsets, according to a Tuesday (Nov. 5) report from the Financial Times.
Apple is set to be fined by EU antitrust regulators under the bloc's landmark rules aimed at reining in the power of Big Tech, making it the first company to be sanctioned, sources with direct knowledge of the matter said on Tuesday.
The company wants feedback on smart glasses that people can buy now, according to Bloomberg.
Apple is doing research into the smart glasses market, Bloomberg reported. The report comes amid weak Vision Pro demand and flashy smart glasses demos from competitors.
Nvidia (NVDA) shares rose Tuesday, pushing the chipmaker back into the top spot on the list of the world's most valuable companies by market capitalization, ahead of Apple (AAPL).
The US presidential election could have wide-reaching consequences for the tech sector, with potential impacts on major players like Apple Inc (NASDAQ:AAPL, ETR:APC), NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) and Tesla Inc (NASDAQ:TSLA). Wall Street and the tech world will be watching election results "with white knuckles," said Wedbush analyst Daniel Ives.
[00:00:00] Doug McIntyre: So Apple has finally launched it's a much anticipated iOS 18.
For years, the technology sector has been seen as the surest way to generate major returns quickly. Even looking at a metric as simple as the market capitalization of the biggest firms in the world, the truth behind the idea becomes apparent.
Ahead of Qualcomm (QCOM) earnings, Kevin Hincks provides an example options trade in the semiconductor stock. Plus, he looks at Apple (AAPL) after the stock hit all-time highs last month.
Zacks.com users have recently been watching Apple (AAPL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
A Moscow court on Tuesday fined U.S. technology giant Apple 3.6 million roubles ($36,889) for refusing to remove two podcasts that contained "information aimed at destabilising the political situation in Russia", the RIA news agency reported.
Apple is going direct to satellites with this move.