Apple is partnering with Klarna to introduce Apple Upgrade, a lease-to-own program launching July 28. It allows customers to pay for Apple devices like iPhones, iPads, Macs, and Watches over 24 to 36 months, with options to keep, return, or upgrade devices. This move aims to ease the impact of rising hardware prices due to chip shortages. Apple will phase out its existing iPhone Upgrade program to focus on this broader offering, helping maintain sales amid supply challenges and company transitions.
On Election Day, Nvidia regained its position as the world's most valuable company, surpassing Apple with a market value of $4.99 trillion compared to Apple's $4.84 trillion. This shift is driven by strong AI demand, which has increased memory prices...
Apple reported $89.7 billion in purchase obligations to manufacturing partners for fiscal 2026, a 60% increase from the previous year, with $82.7 billion due within 12 months. This surge is driven by rising memory and storage costs amid supply constr...
Apple achieved a record $114.5 billion revenue in Q3 without investing heavily in AI infrastructure, relying instead on partnerships and on-device AI. Meanwhile, Alphabet spent $51.36 billion on capital expenditures, resulting in negative free cash f...
Apple announced a redesigned Health app powered by its AI, Apple Intelligence, offering personalized health recommendations and insights on sleep, heart health, fitness, and more. The app, available first to developers in the iOS 27.3 beta, will be r...
Jim Cramer highlighted an unidentified large seller offloading shares of Palantir and Apple right after both companies reported better-than-expected earnings. Palantir showed strong revenue growth but faces concerns over contract value growth and hig...
