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...Apple declined to comment. Apple introduced spatial audio to its music streaming service in 2021, at no additional cost to subscribers. Amazon’s music service also offers spatial audio....
...Apple has been offering rare discounts to bolster demand, and chief executive Tim Cook has made several trips to China since the easing of pandemic restrictions, visiting suppliers, officials and Apple employees...
...But Apple has performed very badly (down 8 per cent to the market’s 11 per cent gain) and Tesla horrendously (down 30 per cent): Tesla’s performance may be worse, but it is not as worrying as Apple’s, from...
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...Some of those costs are immediate and obvious, and they directly affect Apple’s own customers: Apple inflates the price for buying and using iPhones while preventing the development of features like alternative...
...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...
...Berkshire’s filing showed it had also slashed its holdings of printer and personal computer maker HP by 78 per cent, selling nearly 80mn shares in the fourth quarter, and had dumped 32 per cent of its stake...
...Apple’s mammoth buyback programme could be one casualty. In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
...Apple’s ebitda margin last year was 34 per cent. Tesla’s was 9 per cent. So was GM’s. Cutting costs is also a priority for Apple as sales growth slows....
...This came after workers in Apple retail outlets accused the company of “intimidation tactics to deter organising”, claims denied by Apple....
...Apple, however, is so far missing out on much of that broader industry recovery....
...Research, pointing to Apple’s decision to stop disclosing iPhone unit sales in 2018....
...Apple and Microsoft have been rivals since the 1980s, when the company founded by Steve Jobs and Steve Wozniak accused Bill Gates’ Windows maker of stealing the “look and feel” of its Macintosh computer...
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...“I should have done some work on Apple,” he lamented on CNBC’s Squawk Box last year....
...Cook and Apple have been keen to turn around the narrative....
...Apple can argue that its own music service does not dominate the market. The problem is that the EU fine does not mean the end of Apple’s regulatory battle....
...Facing a tougher market, Apple and its retailers have begun discounting....
...Taiwanese suppliers Quanta Computer and Compal Electronics also gained a head start. Their shares are up more than 30 per cent this year....
...Apple said the US case “threatens who we are and the principles that set Apple products apart in fiercely competitive markets”....
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