Global smartphone shipments fell 22% year-over-year in Q3 2026 due to a severe memory chip shortage driven by AI data center demand. Apple and Samsung remain nearly tied for market leadership, shipping about 57 million units each, while smaller rivals like Xiaomi and OPPO saw sharper declines. Apple's premium pricing and strong supply chain help it weather rising memory costs better than competitors, but overall phone sales are down as consumers hold onto devices longer. Industry experts expect continued market constraints through 2027, posing challenges for growth despite Apple's resilience.
As of Oct 16, 2026 23:21 WIB, Apple Inc (AAPL) trades at USD 344.83 on Pluang with a 1-day gain of 0.83%. Despite the global smartphone shipment decline, Apple's market cap stands at $4.99 trillion, reflecting its strong position in technology. The typical holding period for AAPL on Pluang is 144 days, indicating steady investor interest amid ongoing industry challenges.
The S&P 500 has gained 22% since March lows, reflecting an early post-midterm rally. However, a pullback of about 17.5% is expected, targeting a range of 6,350–6,450 by early 2027 before a recovery. Key risks include ongoing inflation, challenges in ...
Meta and Apple have partnered to optimize Meta's Muse Spark Open AI model to run efficiently on Apple's Mac Studio with the M5 Ultra chip. This collaboration marks a thaw in relations after years of friction, with Meta releasing the model's weights o...
Adams Diversified Equity Fund reported a 12.9% total return on net asset value for the first nine months of 2026, outperforming the S&P 500's 12.8% and the Morningstar U.S. Large Blend category's 11.5%. The fund's market price return was even higher ...
Nvidia, Apple, and Cisco have pledged multimillion-dollar donations to fund the renovation of President Donald Trump's White House ballroom, with Nvidia and Apple each contributing $25 million and Cisco $5 million. Other major tech companies like Ama...
Apple and Meta have partnered to allow developers to run Meta's Muse Spark Open AI model locally on Apple's high-end Mac Studio computers. This collaboration marks a rare alliance between two rivals, reflecting a shift in Silicon Valley as powerful A...
