Apple Inc.

Tech

Berkshire cuts Apple stake by almost half in selling spree

Buffett was unloading shares as the S&P 500 stock index rallied, setting a record high in mid-July.

Artificial Intelligence

Apple to pay OpenAI for ChatGPT through distribution, not cash

According to sources, the partnership isn’t expected to generate meaningful revenue for either party — at least at the outset.
Apple, Google, Meta probed by EU in test of new digital law - THE EDGE SINGAPORE

Tech

Apple, Google, Meta probed by EU in test of new digital law

The European Commission said Monday that Apple and Google’s app store rules will be targeted in the first probes.
Apple is in talks to let Google’s Gemini power iPhone generative AI features - THE EDGE SINGAPORE

Artificial Intelligence

Apple is in talks to let Google’s Gemini power iPhone generative AI features

A deal would give Gemini a key edge with billions of potential users.

Tech

Apple to halt US sales of smartwatches after patent loss

According to analyst estimates, the Apple Watch alone made about US$17 billion in fiscal 2023, which ended in September.

Tech

Apple surprises in China, sets India high during sales slump

Apple Inc. grew revenue in China a surprisingly strong 8% while setting a record for Indian iPhone sales.

Artificial Intelligence

Apple tests 'Apple GPT,' develops generative AI tools to catch OpenAI

Apple shares gained as much as 2.3% to a record high of US$198.23 after Bloomberg reported on the AI effort on Wednesday.

Banking & finance

Goldman Sachs is in talks to exit Apple partnership, WSJ says

The bank is in talks with AmEx. to take over the Apple credit card and other services that the companies offer together.
Apple hits historic US$3 trillion milestone - THE EDGE SINGAPORE

Tech

Apple hits historic US$3 trillion milestone

The iPhone maker gained 2.3% on Friday, adding to a rally that’s added more than US$983 billion to its size this year.
Apple set for record high ahead of mixed-reality headset launch - THE EDGE SINGAPORE

Tech

Apple set for record high ahead of mixed-reality headset launch

At this point, Apple is poised to add US$16.5 billion of market cap, putting it closer to a historic US$3 trillion valuation.
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