Global PC shipments, also including tablets, fell in the third quarter although remaining well above pre-COVID-19 pandemic levels, new research by Canalys showed. Modest Slippage In Q3 PC shipments fell 2 percent year-over-year in the third quarter to 122.1 million units, with tablets and Chromebooks serving as drags, the report said. Tablet shipments fell 15 percent year-over-year…
Facebook Targets Apple’s 30 Percent Commission With Latest Move
Facebook Inc, rebranded as Meta Platforms Inc, announced its plans to sneak around Apple Inc’s infamous platform fees in an ongoing war between significant software companies and the iOS creator. Facebook would give eligible creators on its platform new custom links that allow them to accept payments directly, circumventing Apple’s 30 percent cut. Creators who…
Chip Shortages and Supply Chain Woes Will Last Through 2022, Business Figures Say
A chip shortage that is disrupting auto production and the technology industry is expected to continue until the end of 2022, according to ARM Holdings, a leading semiconductor designer based in Cambridge, England. Industries hit the most due to shortages include consumer electronics, switch consoles, and especially, the automobile sector. Based on one estimate, manufacturers…
Apple and Facebook Clashing Could Be a Major Tech Story of 2022, Says Expert
Facebook Inc., or Meta Platforms’, foray into smartwatches, wearables, and mixed reality headsets is setting up the stage for a major clash with Apple Inc., as per Mark Gurman, an expert on the Tim Cook-led company. What Happened In the latest edition of his newsletter, the award-winning journalist pointed to a number of upcoming products…
Apple Co-Founder Steve Wozniak Says Tracing Crypto Is Hard but Possible
Apple Inc co-founder Steve Wozniak believes that crypto will be used effectively in the future, but said its hard-to-trace nature could be challenging to its wider adoption. What Happened In a recent interview with Yahoo Finance, Wozniak said crypto has “an awful lot of promise” enabled by blockchain technology. “Yes, I am in that camp…
Why Apple Analysts Prefer to Look Past Supply Chain Challenges, Remain Bullish After Q4 Revenue Miss
Apple Inc. shares have come under selling pressure after the company’s fourth-quarter revenues missed expectations amid supply chain constraints. The Apple Analysts Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Apple shares and reduced the price target from $166 to $164. Oppenheimer analyst Martin Yang reiterated an Outperform rating and raised the price…
Apple Objects to Links to Outside Payments Ahead of Epic Games Hearing
October 30, 2021
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Apple Inc. on Friday outlined its objections to allowing app developers to link to third-party payment options ahead of a hearing next month that could determine whether a set of antitrust court orders is put on pause. After a lengthy trial earlier this year brought by “Fortnite” creator Epic Games, U.S. District Court Judge Yvonne…
Wall Street Shakes Off Amazon, Apple Weakness to End Modestly Higher
October 30, 2021
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NEW YORK—U.S. stocks shook off early declines and closed out the last trading day of the month with modest gains on Friday as a rise in Microsoft helped offset declines in Amazon and Apple after disappointing quarterly earnings from the online retailer and iPhone maker. Microsoft Corp.’s shares closed at a record high of $331.62…
NTD Business Full Broadcast (Oct. 29)
Inflation remains hot, but the treasury secretary says president Biden’s new trillion dollar spending bill could help with that. we check with an expert. Apple’s CEO Tim cook says the tech giant missed out on $6 billion dollars because of supply chain issues. And more disruptions are expected, especially during the holiday season. And Facebook…
Move Over Apple, Microsoft Now the World’s Most Valuable Company
Apple Inc. lost its crown as the world’s most valuable public company to Microsoft Corp. on Friday, as the iPhone maker’s shares continued their downward slide. Apple took a $6 billion hit to its sales during the fiscal fourth quarter due to a nagging global supply chain problem, leading to a miss on Wall Street…
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