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Apple launches longest device release spree starting Sept 9 event, unveiling new iPhones and more.

Market News
04 Sep 2026
PYMNTS
View Source
Bullish
Apple launches longest device release spree starting Sept 9 event, unveiling new iPhones and more.

Apple will begin its longest series of device releases in company history with the 'Surprise and Shine' event on September 9, 2026. The rollout will extend through 2029 and beyond, featuring new product categories including foldable iPhones, smart home hubs, AirPods with cameras, smart glasses, and advanced AR devices. This wave of innovation coincides with John Ternus taking over as CEO from Tim Cook, highlighting a new era for Apple. The event is expected to showcase the latest iPhones and Apple Watches, setting the stage for years of continuous product launches and technological advancements.

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Apple acqui-hires Huxe team and tech to boost AI audio capabilities amid podcast competition

Apple acqui-hires Huxe team and tech to boost AI audio capabilities amid podcast competition

Apple has agreed to employ key team members from personalized audio startup Huxe and license its technology in a reverse acqui-hire deal. Huxe recently shut down, and Apple disclosed the agreement to the European Commission, signaling a move to enhan...

Company Fundamentals
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$10K in Vanguard Tech ETF on ChatGPT launch grew to $30.5K, beating QQQ's $26.1K over nearly 4 years.

$10K in Vanguard Tech ETF on ChatGPT launch grew to $30.5K, beating QQQ's $26.1K over nearly 4 years.

A $10,000 investment in the Vanguard Information Technology ETF (VGT) on the day ChatGPT launched in November 2022 has grown to $30,482 with dividends reinvested, outperforming the Invesco QQQ Trust (QQQ), which grew to $26,095 over 3.85 years. The k...

Market News
Bullish
1 day ago
Apple shares fall 3% as iPhone 18 Pro component orders cut amid weak demand and rising costs

Apple shares fall 3% as iPhone 18 Pro component orders cut amid weak demand and rising costs

Apple's stock dropped 3% following reports that it reduced component orders for the iPhone 18 Pro by 15-20% for October due to weaker-than-expected demand and higher memory chip prices. This move impacts Apple and its suppliers like Skyworks, which a...

Market News
Bearish
1 day ago
SpaceX's $8B spectrum buy hits telecom stocks; Meta bans ByteDance ads; Apple cuts iPhone 18 Pro orders.

SpaceX's $8B spectrum buy hits telecom stocks; Meta bans ByteDance ads; Apple cuts iPhone 18 Pro orders.

SpaceX is acquiring Grain Management's nationwide 800 MHz spectrum portfolio for $8 billion, pressuring major telecom stocks like Verizon, T-Mobile, and AT&T, which dropped about 6% as Starlink Mobile aims to challenge traditional carriers. Meta has ...

Market News
Bearish
1 day ago
Apple cuts iPhone 18 component orders by 15% amid rising chip costs and weak demand

Apple cuts iPhone 18 component orders by 15% amid rising chip costs and weak demand

Apple has reportedly reduced its component orders for the new iPhone 18 models by at least 15% due to rising memory chip costs and weaker consumer demand. The company faces higher production costs driven by competition for advanced chips used in AI f...

Market News
Bearish
2 days ago
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