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...The first list of “gatekeepers” under the Digital Markets Act, which takes effect from Wednesday, includes six of the world’s biggest tech companies: US-based Apple, Microsoft, Google, Amazon and Meta, alongside...
...“A lot of this is normal growing pains,” said Jay Goldberg, founder of tech consultancy D/D Advisors. “This is the most complex consumer device anyone has ever made.”...
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...There are six plausible explanations we can think of for what is going on with Apple’s stock. Several are intertwined: It became overvalued....
...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....
...Nevertheless, “investors are skittish on what came out of China”, said Dave Wagner at Aptus Capital Advisors....
...The figure represented a 13 per cent year-on-year decline, and research group Counterpoint said iPhone sales in the first six weeks of this year were also down 24 per cent from a year earlier....
...Data from research group Counterpoint shows that in the first six weeks of this year, Apple smartphone sales fell 24 per cent from a year earlier. Huawei sales, by contrast, were up 64 per cent....
...The DMA, a sweeping set of rules unveiled in March 2022, aims to keep in check the market power of six “gatekeepers”: Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft....
...The pandemic elevations in their valuations of the other six were not as extreme and/or have reverted already....
...Speaking of brutal work cultures, I remember tech industry insiders always talking about Huawei’s “996” protocol — working from 9am to 9pm, six days a week....
...Reits are financed with both debt and equity, so an accurate comparison requires a bit more work. Suppose a Reit has a loan-to-value ratio of 35 per cent (as was the case on average in mid-2023)....
...White Wolf Capital Advisors had $570mn in assets under management as of December 31, a regulatory filing shows....
...They added that year-on-year fourth-quarter earnings across the index would have declined without the six companies....
...Just six ETFs from the five largest ETF issuers will have any capital gains distributions in 2023, according to data from Morningstar Direct....
...“Both iPhone and iPad numbers were weak,” said David Wagner, portfolio manager at Aptus Capital Advisors....
...The companies have been discussing the venture for about six months, but have not settled on its brand name, management team or pricing....
...Six months on, that relationship is under strain....
...explodes just after lift-off in Japan (Nikkei Asia) Japan chip stocks slump amid signs of overheating (Nikkei Asia) Malaysia: the surprise winner from US-China chip wars (FT) China’s love affair with Apple...
...In October 2021, within six months of introducing the privacy changes, Apple’s fledgling advertising business tripled its market share....
...BlackRock gave its target the code name “Apple” while GIP dubbed the larger firm “Banana”....
...However Chedid warned that BlackRock’s house view is that the six interest cuts priced in for the US this year are “excessive”. “We are not in the camp that inflation will come down nicely....
...His Illinois-based start-up builds tools to help surgeons navigate spinal instruments and implants during operations and attracted the biggest US deal over the past six weeks with an $83mn funding round...
...The law would work by imposing civil penalties on app stores such as Apple’s App Store and Google Play if they distribute or update TikTok....
...“There remains some hardware headwinds, which may give us a read on the overall consumer right now,” said David Wagner, portfolio manager at Aptus Capital Advisors....
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