Apple company headlines, earnings, strategy, leadership, and market-moving business updates.
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A new report says Apple is making its iPhone app marketplace more open in Brazil, with the change designed to bring additional competition to app distribution in the country.
THE APEX TIMES
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Tim Cook indicated that higher costs for iPhone components, including memory, may be difficult to avoid, a comment market watchers linked to a fresh rally in Micron Technology shares.
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A post attributed to President Trump said Apple plans to have Intel build chips, lifting investor sentiment toward the chipmaker’s ongoing recovery efforts.
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A market report says Apple’s chip collaboration with Intel to design and build processors in the United States may give the iPhone maker more leverage over supply and capacity ahead of the next wave of AI-driven hardware demand.
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Shares of memory and storage suppliers rallied after Apple indicated it would pass through higher memory costs, according to a report citing market commentary. SanDisk and Micron rose sharply intraday and moved close to their recent 52-week peaks.
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The company says the Brazil competition regulator agreement will expand developer options for app distribution and payments outside Apple’s In-App Purchase, paired with new safeguards aimed at reducing privacy and security risks.
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Intel rose sharply in premarket trading after President Donald Trump said in a social-media post that Apple and Intel had reached an agreement to design and build semiconductors in the United States. Apple and Intel had not publicly confirmed the reported arrangement at the time of the post.
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A post attributed to U.S. President Donald Trump, shared on Truth Social, said Intel would manufacture chips for Apple, a claim that sparked a sharp rise in Intel-related trading momentum.
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A post by President Trump said the U.S. owns 10% of Intel and that the stake is now worth about $60 billion, as Intel shares moved higher following renewed attention on a chip arrangement involving Apple.
