Cook isn't the only CEO worried about this problem.
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Cook isn't the only CEO worried about this problem.
Apple’s Q2 earnings report gave Wall Street a lot to like. Bank of America analysts were all praise for the Cupertino giant’s performance, giving them enough confidence to raise their price target to $330 (18% higher than current prices), while keeping a buy rating. Q2 was another massive ...
Apple has held exploratory discussions about using Intel and Samsung Electronics to produce the main processors for its devices, Bloomberg News reported on Monday, citing people familiar with the deliberations. Apple executives have made visits to a Samsung plant under development in Texas and, separately, also held preliminary talks with Intel about enlisting the company's chipmaking services, Bloomberg reported. While the move would offer Apple a secondary option beyond its longtime partner Taiwan Semiconductor Manufacturing Co, the iPhone-maker is also concerned about using non-TSMC technology, the report said, citing worries about reliability and scale.
(Bloomberg) -- Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Gi
(Bloomberg) -- Apple Inc. is preparing a new “Create a Pass” feature for its next major iPhone software update, allowing users to build and customize their own digital tickets and gift cards within the Wallet app.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions on RefinersUS Denies Iran Report That Naval Ship Was Hit by MissilesSupertanker Appears to
Apple just delivered a quarter that surprised even its skeptics. Services grew faster than expected. Margins held up better than feared. And for a company that has spent much of 2026 navigating tariff concerns and AI doubts, the results landed exactly when it needed them to. Morgan Stanley noticed. ...
(Bloomberg) -- After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says
(Bloomberg) -- Greg Abel didn’t take long to address the elephant in the room.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Thousands Evacuated as Mayon Volcano EruptsIran Juggles Oil Cuts and Storage Strain to Resist US BlockadeIn his first few minutes addressing Berkshire Hathaway Inc. shareholders on Saturday — the first an
(Bloomberg) -- The world’s biggest technology companies posted strong earnings last week, showing that the artificial intelligence boom is alive and well. But in the stock market, investors are getting more granular as they try to divvy up the winners and losers in the AI trade.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Tho