Qualcomm Inc QCOM is bracing for the impact of losing a significant portion of its Apple Inc AAPL revenue, but JPMorgan analyst Samik Chatterjee believes the company has opportunities elsewhere, particularly with Samsung.
CNBC's Andrew Ross Sorkin reports on the latest news.
The new Apple Watch Series 10 hits stores on Friday. I've been testing it for the past five days, and there are enough refinements to appeal to first timers and those considering an upgrade
Despite experts predicting Apple (NASDAQ: AAPL) will enjoy strong performance in September and October due to its new iPhone launch and artificial intelligence (AI) integration, AAPL stock has undergone significant turbulence in recent weeks.
Artificial intelligence (AI) is poised to generate trillions of dollars' worth of economy activity worldwide. Past technological revolutions have taught investors that picking winners and losers in the AI race won't be easy.
The king of Cupertino is pushing hard to be a first mover in mass-market artificial intelligence (AI). The analyst believes this will be led by users of older iPhones rushing to upgrade to the AI-packed iPhone 16 line.
Early Wall Street feedback on demand for Apple's newest iPhone suggests the newest models might not be flying off the shelves.
Apple (AAPL) has received approval from the Food and Drug Administration (FDA) for all of its newest range of health features for its smart devices, which were announced during last week's launch event that also included the new iPhone 16.
Apple fans bought an estimated 37 million new iPhone 16s during the first weekend of pre-orders. That's about 12.7% lower than last year's iPhone 15 series first-weekend sales, one analyst said.
Apple stock fizzled Monday as concerns proliferated about potentially weaker than expected demand for the artificial intelligence-focused iPhone 16 ahead of its Friday debut.
Apple's new AI-enabled iPhone 16 is expected to drive a major upgrade cycle, potentially replicating the success of the iPhone 6 launch. Despite high expectations, the market is divided, presenting an opportunity for upside if Apple exceeds forecasts, with UBS setting a price target of $236. I think Apple's strong AI integrations and powerful weapon (their trade-in program) will spur demand, enhancing their ecosystem and boosting recurring revenue from AI-driven services.
Apple on Monday released iOS 18, the latest version of its software for iPhones. This is Apple's biggest iPhone update of the year, but this one doesn't include Apple Intelligence, the company's forthcoming AI system.