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Apple to boost China investments as demand slows

Apple Inc. will boost its investment in China and build its first Asia-Pacific research and development center in the country, chief executive Tim Cook said. Cook made the pledge during a trip to Chin ...More

EJ Insight2016-08-17

Apple sells more iPhones than expected in third quarter

Apple Inc. sold more iPhones than Wall Street expected in the third quarter and estimated its revenue in the current period would top many analysts' targets, soothing fears that demand for the company ...More

EJ Insight2016-07-27

Apple taps veteran executive to oversee car project

Apple Inc. has placed a senior executive in charge of its electric vehicle development program called Project Titan, the Wall Street Journal reports, citing unnamed sources. Bob Mansfield, one of the ...More

EJ Insight2016-07-26

India discussing Apple's request for FDI rules waiver

The Indian government said it was discussing Apple Inc.'s foreign direct investment application that seeks a waiver from a local sourcing rule, Reuters reports. Nirmala Sitharaman, commerce and indust ...More

EJ Insight2016-05-31

Tim Cook: I saw an iPhone in a 350-year-old painting

The iPhone was apparently invented almost 350 years ago, if Apple Inc. chief executive Tim Cook's interpretation of a Dutch painting can taken seriously. During a chat at the Start-up Fest event in Am ...More

EJ Insight2016-05-26

Chinese ride-hailing giant Didi eyeing 2018 US listing

Chinese ride-hailing service Didi Chuxing is moving toward a 2018 initial public offering in the United States. Didi, valued at US$25 billion, would be the most high-profile Chinese listing in the US ...More

EJ Insight2016-05-17

Good Apple, bad Apple

There is a saying that a bad apple spoils the barrel. Now, what if there is only one good apple in a barrel of bad apples? Well, this is the dilemma being faced by Apple Inc. The US tech giant has se ...More

EJ Insight2016-04-28

Apple Watch outsells iPhone in first year

Apple Inc. sold twice as many of its Apple Watches in the device's first year as iPhones in the smartphone's debut year. Yet the smartwatch is dogged by a perception of disappointment that seems prema ...More

EJ Insight2016-04-25

Intel founder Andy Grove dies at 79

Andy Grove, one of the architects of Silicon Valley’s growth into the world’s center of technology creation, died on Monday. He was 79. “We are deeply saddened by the passing of former Intel chairman ...More

EJ Insight2016-03-22

Cheapest iPhone ever is out

Apple Inc. has launched its lowest-priced iPhone and slashed the price of its smart watch. The new four-inch iPhone SE will start at US$399, or US$50 less than the iPhone 5S where it is based on, but ...More

EJ Insight2016-03-22

Apple rejects court order on San Bernardino shooter's iPhone

Apple Inc. said it will contest a court order to help the FBI unlock an iPhone used by one of the shooters involved in a December terror attack in San Bernardino, California. In a statement Wednesday, ...More

EJ Insight2016-02-18

VR could be the next big thing for tech titans

With the global smartphone market slowing, gadget makers such as Apple, Samsung and HTC are seeking the next growth engine for their businesses. Amid these efforts, consensus seems to be emerging that ...More

EJ Insight2016-02-09

What Apple can do to drive its growth momentum

Apple Inc.'s long winning streak appears to be coming to an end. The US technology giant forecast a decline in revenue for the current fiscal quarter, citing weak sales of its best-selling gadget iPho ...More

EJ Insight2016-02-08

Why the iPhone dream run has ended

There is no better place to gauge the prospects of iPhone, whose maker warned this week of the smartphone's first-ever sales decline, than in Sin Tat Plaza in Hong Kong's Mong Kok district. The buildi ...More

EJ Insight2016-01-28

Apple forecasts sales drop as smartphone market slows down

Apple Inc. said revenue in the first three months of 2016 will be between US$50 billion and US$53 billion, the first time since 2003 that the company has forecast a sales decline. The technology giant ...More

EJ Insight2016-01-27

Tim Cook: Claims Apple is avoiding taxes political crap

Apple Inc. chief executive Tim Cook says the notion that the tech giant is avoiding taxes is "political crap". "Apple pays every tax dollar we owe," Cook told 60 Minutes' Charlie Rose, Reuters reports ...More

EJ Insight2015-12-21

Apple defeats class-action suit over employee bag searches

Apple Inc. defeated a US class-action lawsuit brought by its retail workers over bag search practices at the firm's California stores, Reuters reported. A US district court in San Francisco ruled Satu ...More

EJ Insight2015-11-09

Banks in Hong Kong foresee limited impact from Apple Pay

Apple Pay, Apple Inc.’s mobile payment system, is set to land in Hong Kong next year, but executives at local banks don't expect it to have much of an impact, Apple Daily reported Thursday. When Apple ...More

EJ Insight2015-10-29

Apple profit jumps 31% as Greater China sales double

Apple Inc. posted a profit of US$11.1 billion for its fiscal fourth quarter, up 31 percent from a year ago, fueled by sales of the iPhone, The New York Times reported. Revenue was US$51.5 billion, up ...More

EJ Insight2015-10-28

Xi starts US visit in Seattle, where he will meet tech titans

President Xi Jinping landed in Seattle on Tuesday to start a week-long US visit, Reuters reported. He will meet US business leaders, be hosted by President Barack Obama at a state dinner at the White ...More

EJ Insight2015-09-23

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