iPhone

  • Apple’s loudest activist investor just dumped his stake

    Apple’s loudest activist investor just dumped his stake

    Carl Icahn, one of Apple’s biggest activist investors, told CNBC he has exited his position in the company. He was known for basically trying to pressure Apple into bumping up its efforts to return value to investors. At the time he declared his position, Apple was in the process of a $100 billion several-year capital return program that included buybacks and dividends, but that… Read More

  • Global smartphone market shrinks, year over year

    Global smartphone market shrinks, year over year

    Worldwide sales of smartphones declined year over year, from Q1 2015 to Q1 2016, according to figures from analyst Strategy Analytics, which it says is the first time in the history of what it dubs the “modern smartphone market” that this has occurred. Read More

  • Why Apple’s stock fell off a cliff today

    Why Apple’s stock fell off a cliff today

    Apple took a more than $40 billion hit today after reporting its second-quarter earnings — and it was bleak. Shares of Apple were down more than 8 percent in extended trading at one point today. Things went about as poorly as you could expect: the company couldn’t hit revenue or earnings targets, iPhone sales fell off a cliff from the year-ago quarter and its third-quarter guidance… Read More

  • Apple iPhone sees first YOY sales dip ever

    Apple iPhone sees first YOY sales dip ever

    For the first time in its history, the iPhone is experiencing a drop in sales. In 2015 at this same time, Apple sold 61 million units of the iPhone. This year, for the period ending March, Apple only sold 51.2 million units, representing a 16 percent YOY drop. This shouldn’t come as a surprise for most folks who know that we are close to (if not already at) peak iPhone levels. There… Read More

  • Everything you need to know about Apple’s huge second-quarter miss

    Okay folks, this is the big one. Last year the company brought in revenue of $58 billion — and it showed its first decline in 13 years by posting revenue of $50.6 billion for the second quarter this year, missing analyst expectations on its revenue and guidance by quite a bit. We’re parsing through all the details right now — here’s everything you need to know… Read More

  • FBI to keep Apple guessing on San Bernardino iPhone hack

    FBI to keep Apple guessing on San Bernardino iPhone hack

    The FBI plans not to disclose to Apple the method it used to access an iPhone belonging to the San Bernardino shooting suspect, or submit it for an internal government review, according to a Wall Street Journal report. The FBI announced in March that it had purchased a hacking tool from a third party that enabled it to access data on an iPhone used by Syed Farook. Farook and his wife… Read More

  • What to expect for Apple’s second-quarter results

    What to expect for Apple’s second-quarter results

    Apple will report its second-quarter earnings, and all eyes are going to be on the company’s iPhone sales. That’s because the big question for Apple is going to be whether or not iPhone sales have hit a wall and that the company will see a year-over-year decline in revenue, marking a significant moment for the company which has traditionally steadily grown iPhone sales to generate… Read More

  • Have we seen the last of the All Writs Act in the encryption fight?

    Have we seen the last of the All Writs Act in the encryption fight?

    A judge today officially put an end to the fight between the Justice Department and Apple over unlocking the iPhone of a New York man convicted of selling drugs. U.S. District Judge Margo Brodie denied as moot the government’s request to force Apple to help extract data from the phone after an individual provided the passcode to the government. This is the second time in recent… Read More

  • Apple doesn’t consider government intrusion a primary iPhone security threat, yet

    Apple doesn’t consider government intrusion a primary iPhone security threat, yet

    Despite Apple’s highly publicized sparring match with the FBI over unlocking an iPhone that belonged to one of the San Bernardino shooters, security engineers pushed back against the idea of Apple as an opponent to the government in a meeting with reporters. Senior Apple engineers feel that government intrusion is not their primary threat model when designing iPhone security and said… Read More

  • San Bernardino iPhone was hacked using a zero-day exploit

    San Bernardino iPhone was hacked using a zero-day exploit

    When terrorists attacked and killed 14 people in San Bernardino, an iPhone 5c was recovered. The phone was said to contain pertinent information that the FBI really wanted their mitts on, and the Washington Post today reports that it was able to, with the help of professional hackers using a security flaw in the iPhone that was previously unknown. Read More