Apple is poised for a strong Q4 2024 and beyond, driven by the iPhone 16 launch and potential new product introductions. Revenue growth is expected to be 7% in 2025 and 5-7% in 2026, or greater, with gross margins in the mid-40% range. Risks include potential product launch failures, extended hardware upgrade cycles, and regulatory scrutiny.
Apple "fell out" of talks to invest in OpenAI's next funding round, The Wall Street Journal reported. The ongoing funding round, which could value OpenAI at $150 billion, could raise up to $6.5 billion.
Apple reportedly dialed back its plans for releasing movies in theaters, planning to instead keep many of them on its streaming service. This shift followed disappointing box office results from some big-budget films, Bloomberg reported Friday (Sept.
A federal judge narrowed a lawsuit accusing Apple of violating the privacy of iPhone, iPad and Apple Watch users by collecting their personal data through proprietary apps such as the App Store, Apple Music and Apple TV.
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