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...“Apple is probably most people’s number-two digital partner globally in terms of revenue....
...Apple last month announced changes to its iOS mobile software, App Store and Safari browser in efforts to appease Brussels after long resisting such steps....
...This has already hurt Apple’s sales in China, and tariffs may hit margins in the US before long. Legal trouble....
...Apple said its decision to target Epic was legal under the terms of a 2021 US court ruling, which confirmed it could terminate Epic’s account at its discretion, and was motivated by the Fortnite-maker’s...
...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....
...With over $155bn in cash at the plan’s inception, Apple had the funds and reputation to pose a credible threat to the car industry. The company has ramped up research spend....
...The fee has been a focus of criticism among developers who say Apple’s new terms for the EU do not go far enough in opening up one of the world’s most popular computing platforms....
...The long-awaited lawsuit is a watershed moment for Apple. For years it was one of the few Big Tech companies to avoid major antitrust action by the US....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...The years-long securities litigation, led by the UK’s Norfolk County Council, came after a rare and unexpected warning Apple issued on Chinese sales in January 2019....
...Gary Swidler, president of Match Group, which owns Tinder, said the EU’s acceptance of Apple’s plan is “far from assured”....
...“While we think the car initiative likely offered the greatest long-term upside to [Apple’s] revenue trajectory, it was also likely to erode margins,” wrote Angelo Zino at CFRA Research....
...Bringing generative AI to its devices is the latest front — though as usual, Apple is staying quiet about how it plans to use the technology....
...The sale of DR Horton marked a sudden shift by an investor typically billed as a long-term holder; Berkshire disclosed it had invested in the largest US homebuilder just six months ago....
...Apple has been typically secretive about its AI plans even as big tech rivals, such as Microsoft, Google and Amazon, tout multibillion-dollar investments in the cutting-edge technology....
...Chief executive Tim Cook last month told analysts he remained “very optimistic about China over the long term” and blamed part of the decline on a stronger dollar....
...For Apple, there are clear warning signs. One is OpenAI’s plan for a “GPT store” — a place for developers to sell AI-powered services built on top of OpenAI’s models....
...Today’s moves come a few weeks after the EU fined Apple more than €1.8bn for stifling competition from rival music streaming services in a long-running case dating from 2021....
...“The Vision Pro is going to be a major product for Apple over the long term, that is, the next five to 10 years,” said Gene Munster at Deepwater Asset Management....
...Measured by revenues and profits, Apple has long been the top smartphone maker thanks to the iPhone’s dominance at the high end of the market....
...Taiwan’s Acer and Asustek both told Nikkei Asia that they see local production in India as a long-term trend....
...“I would say for Tesla at least, some of the sheen was unearned in terms of AI . . . [and] Apple has been less clear about how it will monetise the data it has with AI.”...
...Apple is making historic changes to its iOS mobile software, App Store and Safari browser, in moves to placate EU regulators after long resisting such steps....
...Bubble hunters might be able to make a better case against Apple or Microsoft: they look more expensive than the two advertisers, but without better near-term growth (in Apple’s case, growth is much lower...
...A term sheet offered by Apple would create an option to end the current multiyear contract in the next 12 to 15 months, according to people familiar with the matter....
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