Friday, November 22

Tag: mobile phones

Google’s App Store Power Goes on Trial
6Nov By adminNo Comments
World

Google’s App Store Power Goes on Trial

Updated Nov. 6, 2023 3:44 pm ETSAN FRANCISCO — Google’s power in the digital economy is facing another major legal test starting Monday in a case targeting its role as a gatekeeper on billions of mobile devices.A group of jurors heard opening arguments from Fortnite-maker Epic Games that Google used its dominant position to squeeze excess profits from app developers, as well as the search giant’s response to those allegations. The case forms the second part of Epic’s attack on the two largest mobile software providers after the game developer went up against Apple in a 2021 courtroom battle. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Google’s App Store Power Goes on Trial
6Nov By adminNo Comments
Technology

Google’s App Store Power Goes on Trial

Google’s power in the digital economy will face another major legal test starting Monday in a case targeting its role as a gatekeeper on billions of mobile devices.A group of San Francisco jurors will begin hearing arguments from Fortnite-maker Epic Games that Google used its dominant position to squeeze excess profits from app developers. The case forms the second part of Epic’s attack on the two largest mobile software providers after the game developer went up against Apple in a 2021 courtroom battle. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening
5Nov By adminNo Comments
World

Big Western Brands Are Getting Squeezed by Chinese Belt-Tightening

Updated Nov. 5, 2023 12:01 am ETHONG KONG—Leading Western brands in China are feeling the pinch from the country’s consumer slump.From luxury cosmetics firm Estée Lauder to apparel maker Canada Goose and iPhone seller Apple, companies are reporting weak results, with some saying customers aren’t reopening their wallets almost a year after Covid-related isolation ended.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Investors Aren’t Buying Apple’s New iPhone
3Nov By adminNo Comments
Money

Investors Aren’t Buying Apple’s New iPhone

Compared with its big tech peers inflated by artificial-intelligence hype, Apple seemed to have the lowest bar to clear in the current earnings season. The world’s most valuable company still didn’t quite make it. At the very least, Apple’s fiscal fourth-quarter results late Thursday indicate that its newest iPhones aren’t off to a raging start. The company launched the iPhone 15 family during its usual window about a week before the quarter’s end in late September. iPhone revenue for the quarter rose 3% year over year to about $43.8 billion, in line with analysts’ forecasts. But that compares with a 10% gain in the previous year’s fourth quarter and a 47% surge in 2021, when the iPhone 13 family launched to surprisingly strong demand.Copyright ©2023 Dow Jones & Company, Inc. All Righ...
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Apple Sales Decline as China Market Weighs on Earnings Report
3Nov By adminNo Comments
Technology

Apple Sales Decline as China Market Weighs on Earnings Report

Updated Nov. 2, 2023 6:06 pm ETApple said sales fell for the fourth consecutive quarter, including a decline in China that came as the company faces a broad economic slowdown in the country and new competition from rival Huawei Technologies.The September quarter marks the fourth straight period in which Apple reported year-over-year declines in total revenue, the longest such slump in years. Apple sales were $89.5 billion, down less than 1% from the previous year and largely in line with analyst estimates, even as net income of about $23 billion exceeded expectations.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple Sales Decline as Smartphone Market Remains Challenged
2Nov By adminNo Comments
World

Apple Sales Decline as Smartphone Market Remains Challenged

Apple said quarterly sales fell slightly as the iPhone maker faces declining smartphone demand and new competition in China.Apple sales were $89.5 billion, down less than 1% from the year-ago period and slightly beating analyst estimates of $89.3 billion, according to FactSet. The company’s net income increased 10.8% to $22.95 billion, compared with the $21.8 billion analysts projected. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wireless Companies are Getting More Money out of Your Older Phone
31Oct By adminNo Comments
World

Wireless Companies are Getting More Money out of Your Older Phone

U.S. wireless companies are showing they can still upsell customers in no hurry to buy a new smartphone.AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Wireless Companies are Getting More Money out of Your Older Phone
30Oct By adminNo Comments
World

Wireless Companies are Getting More Money out of Your Older Phone

U.S. wireless companies are showing they can still upsell customers in no hurry to buy a new smartphone.AT&T, T-Mobile US and Verizon Communications made more money from providing wireless services in the third quarter compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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For China, Bullying Apple Suppliers Could Backfire Badly
30Oct By adminNo Comments
Money

For China, Bullying Apple Suppliers Could Backfire Badly

China’s surprise investigation into Apple supplier Foxconn, a key link in the iPhone supply chain, may be intended to send a message. The one Apple and its suppliers actually receive might do China more harm than good.Chinese authorities have launched tax and land-use probes into subsidiaries of Foxconn, formally known as Hon Hai Precision Industry, the company confirmed last week. That is surprising since Foxconn, which is the world’s largest contract electronics manufacturer, has long had an amicable relationship with China—and is one of the biggest employers in the country.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple Raises TV Streaming Price to $9.99
30Oct By adminNo Comments
Technology

Apple Raises TV Streaming Price to $9.99

Updated Oct. 25, 2023 12:21 pm ETApple is raising the monthly price of its TV streaming service to $9.99, joining Netflix, Disney and other companies that have recently increased prices. The iPhone maker is increasing the monthly cost of Apple TV+ by $3, or more than 40%. It is also raising prices for its videogame service Apple Arcade, Apple News+ and its bundle package, Apple One.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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