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Home » A week of peaks and troughs for Apple: From record iPhone sales to legal and regulatory challenges – Apple (NASDAQ:AAPL), Walt Disney (NYSE:DIS)
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A week of peaks and troughs for Apple: From record iPhone sales to legal and regulatory challenges – Apple (NASDAQ:AAPL), Walt Disney (NYSE:DIS)

adminBy adminOctober 27, 2024No Comments3 Mins Read
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This past week has been like a roller coaster. apple company AAPL. From facing a US investigation that threatens the company’s iPhone chip production to setting new iPhone sales records, the tech giant has seen it all. Amid these developments, Apple found itself in the middle of a patent dispute and saw major streaming services leave the App Store. Here’s a recap of the major stories that unfolded over the past week.

US investigation threatens Apple’s iPhone chip production

The U.S. Department of Commerce has launched an investigation into the following matters: Taiwan Semiconductor Manufacturing Co., Ltd. TSMsuspected of violating sanctions. The investigation focuses on whether TSMC violated sanctions by supplying the chips. Huawei Technologies Via an intermediary company. The investigation could potentially disrupt production of Apple’s iPhone and Mac chips.

Read the full article here.

Disney and Hulu bypass Apple’s App Store

of walt disney company DIS has stopped allowing customers to subscribe to Hulu and Disney+ through Apple’s App Store, thereby avoiding the iPhone maker’s in-app purchase fees. The entertainment giant is now directing customers to its website where they can view all plans and sign up for a subscription directly. This avoids the 15-30% fees that Apple charges on each transaction via in-app purchases.

Read the full article here.

SEE ALSO: Apple hints at major Mac updates with rumored M4-powered lineup

Apple Intelligence faces skepticism

Apple’s long-awaited new artificial intelligence system, Apple Intelligence, has some skepticism. Bloomberg columnist Mark Garman expressed doubts about the system, suggesting that when new AI features are announced next week, they may not meet high expectations and leave consumers disappointed and confused. did.

Read the full article here.

Record iPhone sales in Q3

Apple set a new iPhone sales record in the third quarter of 2024, coinciding with a broader recovery in the global smartphone market. Canalys said Apple’s iPhone sales were narrowly ahead. Samsung Electronics Co., Ltd. SSNLFboth tech giants have an 18% market share.

Read the full article here.

Apple wins patent dispute against Masimo

A Delaware jury has ruled in favor of Apple in a patent infringement case against it. Masimo Co., Ltd. Betterawarded Cupertino a symbolic $250 in damages. The jury found that Masimo infringed Apple’s patents related to health technology in older smartwatch models that are no longer sold.

Read the full article here.

Read next:

Russian President reportedly asked Elon Musk to restrict Starlink services in Taiwan as a favor to Xi Jinping

Photo credit: Shutterstock

This story was generated and edited using Benzinga Neuro Ronak Jainism

Market news and data powered by Benzinga API

© 2024 Benzinga.com. Benzinga does not provide investment advice. Unauthorized reproduction is prohibited.



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