Investors see Microsoft’s stock market value leaving Apple behind
By Noel Randewich (Reuters) – Microsoft’s early lead in artificial intelligence has the software heavyweight’s stock market value poised to pull decisively ahead of Apple‘s over the next five years,…
Microsoft hits $3 trillion market value, second to Apple
By Chibuike Oguh NEW YORK (Reuters) – Microsoft’s stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world’s second most…
Apple’s iPhone shipments in China drop 2% in Q4 as Huawei grows market share
By Yelin Mo and Brenda Goh iPhone: BEIJING (Reuters) – Apple’s smartphone shipments in China shrank 2.1% in the final quarter of 2023 from the same year-ago period, hurt by…
Samsung packs newest Galaxy S24 smartphones with AI functions to beat Apple
By Joyce Lee Galaxy S24: SEOUL (Reuters) – Samsung Electronics latest premium smartphones, unveiled on Wednesday, will have multiple AI functions, such as simultaneous translation of foreign language phone calls,…
Microsoft edges out Apple as world’s most valuable company
By Noel Randewich (Reuters) – Microsoft‘s stock market value ended a trading session higher than Apple’s for the first time since 2021 on Friday, making it the world’s most valuable…
Apple slides to eight-week low after second rating downgrade in a week
Βy Yuvraj Malik (Reuters) – Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the tech giant its second downgrade this…
US regulator denies Apple, Disney bids to skip votes on AI
By Ross Kerber (Reuters) – Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward by a labor group, the top U.S. securities regulator has…
Apple agrees to settle lawsuit over iTunes gift card scam
By Jonathan Stempel (Reuters) – Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit its gift cards, and keep stolen funds for itself. According…
Apple hits seven-week low after Barclays downgrade
By Aditya Soni and Medha Singh (Reuters) – Apple on Tuesday fell nearly 3% to a seven-week low after Barclays downgraded the shares of the world’s most valuable firm on…
Apple can temporarily sell smartwatches after US appeals court win
By Blake Brittain and Jaspreet Singh (Reuters) – Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission’s import…