Apple has introduced a new leasing program called Upgrade in the U.S., allowing customers to lease iPhones for up to two years starting at $17.99 per month through a partnership with Klarna. The program also offers leasing options for Apple Watches, Macs, and iPads, aiming to make devices more affordable amid rising prices. This move helps Apple shift from high upfront costs to manageable monthly payments and may encourage customers to upgrade devices more frequently. The program replaces the iPhone Upgrade Program and competes with carrier installment plans, with no security deposit required and flexible end-of-lease options.
Apple briefly reached a $5 trillion market capitalization for the first time, overtaking Nvidia as the most valuable publicly traded company. Apple's shares have risen 25% this year, outperforming other tech giants, despite lower spending on AI infra...
Amazon is shifting its AI strategy by winding down most Nova models to prioritize a new frontier model led by Pieter Abbeel, with a debut expected at the re:Invent conference. Corning reported mixed guidance with Q3 revenue below expectations despite...
Apple became the second company ever to surpass a $5 trillion market valuation, reaching $5.04 trillion after its shares hit a session high of $342.89. This milestone was driven by strong demand for Apple products and its choice to avoid heavy AI spe...
Apple has become the second company ever to reach a $5 trillion market capitalization. The tech giant is also preparing to enter the smart home market more aggressively with new products centered around its Siri AI assistant, including a hub device, ...
The FTSE 100 index rose 98 points to 10,880, nearing its all-time high, driven by strong quarterly results from Unilever, which posted its best volume growth in over ten years. Other notable gainers included GSK, Diageo, and Croda, buoyed by positive...
