US consumer electronics giant Apple is offering Chinese consumers discounts of up to 800 yuan (US$113) on a range of products, from iPhones to MacBooks, in a move to fend off intensifying competition from local rivals such as Huawei Technologies ahead of the Lunar New Year.
Apple has been rebuffed in its latest attempt to untangle a patent dispute that is pushing the company into suspending sales of two popular Apple Watch models as the holiday shopping season wraps up.
The International Trade Commission rejected Apple's bid to get around a late October order revolving around the technology used in the Blood Oxygen measurement feature on the Series 9 and Ultra 2 versions of its internet-connected watch.
Apple today announced financial results for its fiscal 2023 fourth quarter ended September 30, 2023. The Company posted quarterly revenue of $89.5 billion, down 1 percent year over year, and quarterly earnings per diluted share of $1.46, up 13 percent year over year.
Apple has reportedly asked Taiwan-based suppliers to label their products as being produced in China, in an effort to avoid disruption from strict Chinese customs inspections resulting from the visit of the US House speaker, Nancy Pelosi, to Taipei.
A powerful investors’ advisory group has called for shareholders to vote against the $99m (£73m) pay package awarded to Apple boss Tim Cook last year.
In a letter to shareholders, the advisory firm Institutional Shareholder Services (ISS) wrote there were “significant concerns regarding the design and magnitude of the equity award” made to Cook in 2021, adding that half of the award “lacks performance criteria”.
The US Patent and Trademark Office has granted Apple a crucial patent for the MacBook, which might influence future generations of the company’s coveted notebook. The patent depicts a MacBook with two displays, a virtual keyboard, and the ability to charge an iPhone wirelessly. Apple’s patent, which was filed three years ago and was recently awarded, highlights an ambitious design for the MacBook, which is now undergoing design modifications.
La juez federal que supervisa la demanda antimonopolio presentada por Epic Games contra Apple, Yvonne Gonzalez-Rogers, ha emitido una orden judicial permanente que supondrá un duro golpe para el modelo de negocio tipo jardín amurallado de la App Store.
Apple is well known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well known are the organizational design and the associated leadership model that have played a crucial role in the company’s innovation success.
