The year-over-year fall is the worst performance of the top five PC manufacturers and comes amid fears of a recession and weakened consumer demand, IDC said.
At Apple, Steve Jobs held every employee to a rare standard, regardless of department — and it helped push the company forward, says CEO Tim Cook.
The chair of the House Select Committee on the Chinese Communist Party has previously said he wants Iger and Big Tech executives to testify before the panel.
Analysts at Morgan Stanley said that if Microsoft is able to launch its own app store, it would be an “immaterial risk” to Apple, but still a long-term threat.
Apple reports December quarter earnings on Thursday, and there are a lot of factors pointing to the company’s first year-over-year revenue decline since 2019.
This year’s disclosure suggests that Apple’s App Store growth has plateaued.
Apple first hit a $2 trillion valuation in August 2020, as the pandemic boosted its sales of computers to work or study from home.
Shares of Club holding Apple (APPL) slid to a new 52-week low in midday trading Wednesday, a move that’s in line with our expectations for the iPhone maker.