Apple

October 29, 2025 12:35 PM

Apple hits $4 trillion market value as new iPhone models revitalize sales

Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. Its stock briefly reached $269.89, giving Apple a market value of $4.005 trillion, before receding and ending the day up 0.1%, giving the company a value of $3.992 trillion. Apple's shares have gained about 13% since the new launches on September 9, in a turnaround th...

October 23, 2025 9:28 PM

Apple loses UK lawsuit over app store commissions

Apple on Thursday lost a London lawsuit accusing the U.S. tech company of abusing its dominant position by charging app developers an unfair 30% commission through its app store. The Competition Appeal Tribunal (CAT) ruled against Apple after a trial of the lawsuit, brought on behalf of around 20 million iPhone and iPad users in the United Kingdom and valued at up to 1.5 billion pounds ($2.01 billion), earlier this year. Rachael Kent, the British academic who brought the case, argued Apple had...

October 20, 2025 11:04 AM

iPhone 17 outsells predecessor by 14% in early China, US sales, research firm says

Apple's iPhone 17 series outperformed its predecessor in early sales in China and the United States, research firm Counterpoint said on Monday. The newer models outsold the iPhone 16 series by 14% during their first 10 days of availability in the two countries, Counterpoint said in a report. Sales of the base model iPhone 17 nearly doubled in China compared to the iPhone 16 during the same period, it added, with sales of the model rising 31% across the two markets. “The base model iPhone 17...

September 12, 2025 10:09 AM

Apple Watch hypertension feature wins FDA nod, rollout next week, Bloomberg reports

Apple will roll out a hypertension detection feature on its smartwatch next week after receiving U.S. Food and Drug Administration (FDA) clearance on Thursday, Bloomberg News reported. Apple and the FDA did not immediately respond to Reuters' requests for comment. The company unveiled a blood pressure monitor in its latest Apple Watch at the September 9 event, where it also introduced a refreshed iPhone lineup, including a slimmer iPhone Air. The feature, pending regulatory approval, will not...

September 11, 2025 1:22 PM

Slim iPhone Air may be a design win for Apple, but AI doubts linger, analysts say

Apple CEO Tim Cook channeled his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company's slimmest handset yet and the biggest change in eight years to a lineup fans and analysts complained was stagnating. Cook kicked off the company's annual product launch event at its Cupertino, California, headquarters with a Jobs quote: "For us, design goes beyond just how something looks or feels. Design is also how it works." Inside its 5.6-mm (0.22-inch) slim ...

September 10, 2025 2:24 PM

Apple launches slim iPhone 17 Air, new AirPods and Watch in holiday refresh

Apple unveiled a new generation of the iPhone, including a sleek model dubbed iPhone 17 Air, and several other devices on Tuesday, as it looks to drive upgrades and spur sales ahead of the holiday shopping season. The Cupertino, California-based company largely kept device prices unchanged from last year amid U.S. President Donald Trump's tariffs that have hurt the company's profit, but dropped the 128 GB storage option from its iPhone lineup. Here's all you need to know about the latest Apple...

September 9, 2025 3:49 PM

Apple event expected to feature a slimmer iPhone as pricing, AI questions linger

Apple on Tuesday is expected to unveil a new lineup of iPhones, including a thinner "Air" model that could be a precursor to a folding phone next year. The slimmed phone, which analysts said is likely to be slotted in the middle of Apple's handset lineup between less expensive iPhone 17 models and pricier iPhone 17 Pro models, will likely be the star of an event that will otherwise feature incremental upgrades to Apple Watches and other mainstay product lines. The iPhone Air will go head-to-he...

September 3, 2025 1:25 PM

Google keeps Chrome and Apple deal but must share data in big antitrust ruling

Google won't have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with U.S. antitrust enforcers, but ordering Google to share data with rivals to open up competition in online search. Google parent Alphabet's shares were up 7.2% in extended trading on Tuesday as investors cheered the judge's ruling, which also allows Google to keep making lucrative payments to Apple that antitrust enforcers said froze out search rivals. Apple share...

August 21, 2025 10:54 AM

Apple to open third India retail store in Bengaluru on Sep 2

iPhone maker Apple on Thursday announced that it will open its doors to customers at Apple Hebbal, its newest retail location in India, on September 2. This opening marks a significant expansion for Apple in the country, offering more customers in India new ways to explore and buy Apple products, and experience Apple’s exceptional service in person in Bengaluru’s Phoenix Mall of Asia. This would be Apple’s third own retail store in India — after Mumbai and Delhi. According to the comp...

August 1, 2025 4:39 PM

CEO Tim Cook says Apple ready to open its wallet to catch up in AI

Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as Microsoft and Alphabet's Google, both of which have attracted hundreds of millions of users to their AI-powered chatbots and assistants. That growth has come at a steep cost, h...