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...Of these, founders from Musicmetric, Emotient, Silk Labs, PullString, CamerAI, Fashwell, Spectral Edge, Inductiv Inc, Vilynx, AI Music and WaveOne all still work at Apple, according to their LinkedIn profiles...
...Apple has said that, from next month, it will disable access to the web apps in the EU....
...Brussels formally charged Apple in the anti-competitive probe in 2021....
...Apple last month told music companies that it would pay up to 10 per cent more in royalties for songs produced in spatial audio....
...If those two explain the bulk of the Apple drawdown, then the stock’s relative performance may only improve when the AI hype fades a bit and the economic backdrop degrades....
...A separate notice has been sent to Apple’s subsidiaries in France....
...Last month, Cook opened Apple’s largest store in Asia in Shanghai, demonstrating the brand’s commitment to the market despite falling sales....
...Epic largely lost a high-profile legal case against Apple in the US....
...Where’s Apple’s ChatGPT? Where’s its . . . uh, Motorola StarTAC? Apple has no product in foldables (1% of market, used to be 20%), and there appears to be no obvious AI strategy. 7....
...: While Apple’s anti-competitive conduct arguably has benefited its shareholders to the tune of over $77 billion in stock buybacks in its 2023 fiscal year alone — it comes at a great cost to consumers....
...Estimate how much better a rival product is than Apple’s, in terms of price or (subjective) quality. Subtract the (subjective) cost of switching. If the result is negative, Apple should be OK....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...The DoJ case against Apple will turn on whether it can show the company has monopoly power in the smartphone market — and whether its evidence is similarly deemed strong enough to show that Apple deliberately...
...It seeks to prove lack of competition in markets in which Apple faces serious rivals and in which users are able to switch to different products and services....
...The market’s strongest growth came from two Chinese manufacturers, in the latest indication of Apple’s struggles in the world’s largest smartphone market....
...In the last quarter, US chip designer Nvidia revealed that revenue from its automotive business fell 4 per cent year over year. In some regards, Apple had the right idea....
...This came after workers in Apple retail outlets accused the company of “intimidation tactics to deter organising”, claims denied by Apple....
...Even after the share sales, Berkshire’s 5.9 per cent position in Apple was worth $174bn at year-end, according to a filing with the Securities and Exchange Commission on Wednesday....
...Research, pointing to Apple’s decision to stop disclosing iPhone unit sales in 2018....
...For Apple, that would be $77bn. Enforcement in one jurisdiction can embolden greater antitrust scrutiny elsewhere....
...Apple said the projects would build on the more than Rmb1bn ($140mn) it had invested in applied research labs in China....
...“[Apple phones] are made in China, but we don’t know if the chips have back doors.”...
...Apple said the US case “threatens who we are and the principles that set Apple products apart in fiercely competitive markets”....
...The huge consumer inertia in the iPhone world also works in Apple’s favour....
...Apple’s decision to wind up its car project comes as it prepares to announce more details of its work in the fast-growing generative AI sector....
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