Apple shares slid 8% in extended trading after the tech giant issued weak guidance for the current period, citing ongoing supply constraints, even as fiscal third-quarter earnings and revenue topped Wall Street expectations according to company financial disclosures. Net income climbed to $29.79 billion, or $2.02 per share, up from $23.43 billion, or $1.57 per … Read more
A European Union court has rejected Apple’s bid to challenge its designation as a “gatekeeper” under the Digital Markets Act (DMA), upholding the Commission’s regulatory authority. The court ruled that Apple’s argument regarding fundamental rights lacked a direct legal connection to the designation, while also dismissing the company’s attempt to treat its five separate App … Read more
SpaceX’s initial weeks as a public company have been defined by extreme market volatility, with shares surging over 60% above the $135 IPO price before facing a sharp 16% slump. According to data from Vanda, retail investors poured a net $405 million into the stock during the first five trading sessions, driven by the “cult … Read more
Microsoft has announced significant price increases for its Xbox console lineup, citing a surge in component costs that has also impacted manufacturers like Apple. According to a company blog post, the Xbox Series S will see price hikes of $100 to $150 depending on the model, while the entry-level Xbox Series X will now retail … Read more
Micron Technology has reached a record 84.9% gross margin, surpassing major U.S. tech firms like Meta and Nvidia, driven by surging demand for artificial intelligence-grade memory. According to company earnings reports, this profit surge stems from strategic customer agreements and a persistent global shortage of high-bandwidth memory (HBM) essential for AI infrastructure. Why is Micron’s … Read more
Apple plans to increase consumer pricing for its hardware lineup to offset rising costs for memory and storage components, CEO Tim Cook confirmed to The Wall Street Journal. The company, which has historically absorbed supply chain fluctuations, now characterizes the current surge in component costs as an unsustainable “hundred-year flood” that will likely lead to … Read more
Apple’s Strong Quarter and the Ternus Transition: What’s Next for the Tech Giant? Apple concluded its fiscal 2026 second quarter with robust results, exceeding expectations across key metrics. Revenue reached $111.2 billion, a 17% increase, while earnings per share jumped 22% to $2.01. This strong performance arrives as Tim Cook prepares to transition into the … Read more
The Era of Ambient Computing: Why AI Smart Glasses are the Next Frontier For over a decade, the smartphone has been the undisputed center of our digital universe. We glance down at our screens to navigate, communicate, and capture memories. However, a seismic shift is occurring. The industry is moving toward “ambient computing”—a world where … Read more
Apple at 50: From Garage Startup to Tech Titan Apple marks its 50th anniversary at a pivotal moment. While the company remains a tech powerhouse—currently valued at over $3.6 trillion—it faces challenges from artificial intelligence advancements and a shifting global landscape. The legacy of Steve Jobs and Steve Wozniak, who revolutionized personal computing, continues to … Read more
The Smartphone Paradox: When Tech Giants Tell You to Disconnect Every week brings fresh evidence of technology’s downsides, and we’re increasingly aware of our dependence on devices. From anxiety and insomnia to isolation and depression, excessive screen time is linked to a growing list of negative impacts. Even learning and memory are affected. Smartphone Bans … Read more