Apple's position among the Mag 7 is weakening, with recent underperformance compared to peers. Although Apple's dominance in hardware remains strong, it is under question whether the company can resume a brisker growth pace. As tariffs and AI-strategy uncertainties face the company, I am rebalancing my portfolio, trimming Apple, and buying two other stocks.
US and China officials discussed the terms of extending their tariff pause, but President Trump's approval is needed to make it official. We break down key takeaways from the meeting in Stockholm, Sweden between the two nations.
Is Apple preparing to introduce an entirely new iPhone design? A foldable version of the company's flagship smartphone could arrive next fall, CNBC reported Tuesday (July 29), citing an analysis by JPMorgan.
Spain's competition watchdog is expanding its investigation into Apple's App Store. The Comisión Nacional de los Mercados y la Competencia (CNMC) announced Tuesday (July 29) that it would widen the parameters of a probe launched last year into the conditions the tech giant places on developers.
Apple's third-quarter fiscal 2025 results are expected to reflect continuing Services and Mac growth.
Spain's competition watchdog said Tuesday that it had broadened a probe opened last year into the conditions Apple imposes on developers of mobile applications sold on its App Store.
The manufacturing program will train businesses in AI and new production techniques.
It's the first store in China that Apple has been forced to shut down since opening its flagship store in the country in 2008.
The Apple Manufacturing Academy will be located in downtown Detroit and will be administered by Michigan State University. The academy will offer workshops on manufacturing and artificial intelligence to small and medium-sized businesses, Apple said.
With sales falling, Apple is reportedly closing a store in China for the first time. Apple's store at the Parkland Mall in Dalian City will close Aug. 9, Bloomberg News reported Tuesday (July 29), citing a statement from the company which said a changing landscape at the shopping complex was behind the decision.
Payments from Google and App Store revenue are huge profit generators that could shrink.
Apple's total revenues expected for fiscal Q3 have started to tick up slightly from the beginning of last quarter, according to Visible Alpha consensus. Since late January, expected Q3 iPhone units stayed at 45 million, and FY 2025 jumped back to 227 million. Expectations for the high-margin Services segment remained stable for Q3 at $26.8 billion.