Tag: Earnings

Can the Apple Watch Be the Ultimate Health Tracker? Apple Faces Technical and Legal Challenges
Technology

Can the Apple Watch Be the Ultimate Health Tracker? Apple Faces Technical and Legal Challenges

Apple’s widening effort to turn its nine-year-old watch from a luxury timepiece into the ultimate all-in-one medical device is taking it into territory that is legally treacherous as well as potentially profitable.This month’s suspension of Apple Watch sales was the starkest sign yet that the world’s most valuable tech company is treading new ground as it adds health features to the device. While Apple on Wednesday won a temporary reprieve to resume sales, specialists in medical devices say the technical and legal challenges are likely to continue.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Can the Apple Watch Be the Ultimate Health Tracker? Apple Faces Technical and Legal Challenges
World

Can the Apple Watch Be the Ultimate Health Tracker? Apple Faces Technical and Legal Challenges

Apple’s widening effort to turn its nine-year-old watch from a luxury timepiece into the ultimate all-in-one medical device is taking it into territory that is legally treacherous as well as potentially profitable.This month’s suspension of Apple Watch sales was the starkest sign yet that the world’s most valuable tech company is treading new ground as it adds health features to the device. While Apple on Wednesday won a temporary reprieve to resume sales, specialists in medical devices say the technical and legal challenges are likely to continue.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban
World

Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban

Updated Dec. 27, 2023 5:50 pm ETApple won approval Wednesday to restart most sales in its $18 billion smartwatch business after a U.S. appeals court paused a federal agency’s import ban on some models of the device.The Apple Watch Series 9 and Ultra 2 models, for which sales were halted in the past week, were once again available in stores on Wednesday and will return online Thursday, according to the company. They will continue to be sold in the coming weeks while the court weighs Apple’s request to stay the ban while its appeal is considered.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban
World

Apple Can Restart Apple Watch Sales as U.S. Court Pauses Ban

Updated Dec. 27, 2023 5:50 pm ETApple won approval Wednesday to restart most sales in its $18 billion smartwatch business after a U.S. appeals court paused a federal agency’s import ban on some models of the device.The Apple Watch Series 9 and Ultra 2 models, for which sales were halted in the past week, were once again available in stores on Wednesday and will return online Thursday, according to the company. They will continue to be sold in the coming weeks while the court weighs Apple’s request to stay the ban while its appeal is considered.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Appeals U.S. Ban That Halted Watch Sales
Technology

Apple Appeals U.S. Ban That Halted Watch Sales

Updated Dec. 26, 2023 3:21 pm ETApple is appealing a decision by a federal trade agency that forced it to stop selling two models of its smartwatches after the agency said Apple violated patents of a competitor.Apple said in court documents filed Tuesday the company will suffer “irreparable harm” if the ban stays in place, since the models are its two most popular. The watch models affected are its newest ones: the Apple Watch Series 9 and the Apple Watch Ultra 2.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Appeals U.S. Ban That Halted Watch Sales
World

Apple Appeals U.S. Ban That Halted Watch Sales

Updated Dec. 26, 2023 2:45 pm ETApple is appealing a decision by a federal trade agency that forced it to stop selling two models of its smartwatches after the agency said Apple violated patents of a competitor.Apple said in court documents filed Tuesday the company will suffer “irreparable harm” if the ban stays in place, since the models are its two most popular. The watch models affected are its newest ones: the Apple Watch Series 9 and the Apple Watch Ultra 2.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Shoppers Kept Spending This Holiday Season
World

Shoppers Kept Spending This Holiday Season

Updated Dec. 26, 2023 9:14 am ETShoppers opened their wallets this holiday season as they have for much of 2023, even crowding into shopping malls to scoop up last-minute holiday gifts and discounts in the days before Christmas.U.S. retail sales rose 3.1% from Nov. 1 through Dec. 24, according to Mastercard SpendingPulse, which measures sales in stores and online. The estimate, which isn’t adjusted for inflation, reflects a year marked by rising prices and a strong U.S. job market.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Looks Cheap—but It Has Burned Investors Before
Money

China Looks Cheap—but It Has Burned Investors Before

Updated Dec. 26, 2023 12:04 am ETThe smartest strategy for investors in Chinese assets this year: Do something else.Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country’s currency. In many cases, even throwing away 5% or 10% of your cash would have been less costly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
China Looks Cheap—but It Has Burned Investors Before
World

China Looks Cheap—but It Has Burned Investors Before

Dec. 25, 2023 11:00 pm ETThe smartest strategy for investors in Chinese assets this year: Do something else.Sitting on cash was more profitable in 2023 than investing in Chinese shares, buying bonds sold by Chinese companies or betting on the performance of the yuan, the country’s currency. In many cases, even throwing away 5% or 10% of your cash would have been less costly.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
New Yelp Has Earned Its Extra Stars
Money

New Yelp Has Earned Its Extra Stars

Buying growth is rarely a cheap concept, especially for small tech companies that lack the pocketbooks of their much larger peers. Yelp knows this well. Founded 19 years ago as a pioneer in the field of online reviews for local businesses, Yelp has established an Internet advertising business now generating more than $1.2 billion a year in revenue. That is a 10-fold increase from when the company went public in 2012—and about what Google generates in ad revenue every two days. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8