Last week, we saw a report from Consumer Intelligence Research Partners (CIRP) on Apple achieving an all-time high iPhone average selling price. Today, the firm released a study showing that Apple's iPhone 12 models accounted for 63% of US iPhone sales in Q1 2021. This is a significant increase from the previous quarter, where the iPhone 12 models accounted for 56% of US iPhone sales.
Apple Inc on Monday failed to convince a US appeals court that security startup Corellium Inc infringed its copyrights by simulating its iOS operating system without permission. The three-judge panel of the 11th US Circuit Court of Appeals upheld a lower court ruling that Corellium's creation of virtual iOS devices was fair use because it was for a transformative purpose and Apple failed to show that it suffered harm.
Apple is known for its security measures, and changing an Apple ID password is an important step to keep your data secure. To prepare more effectively for the process of changing an Apple ID password, remember these three tips from expert Erik Eckel. First, make sure to have a backup of your data. Second, use a strong password and enable two-factor authentication. Third, keep your devices up to date with the latest software updates.
Apple's CEO, Tim Cook, has been praised for his leadership during the pandemic, and the company's stock has been performing well. "Apple and Cook are in a position to gain market share and hire talent," Wedbush Securities analyst Dan Ives says. The company has been investing heavily in research and development and has launched new products such as the M1 chip and AirTags.
Apple has been working to make its products more accessible to creators and artists. Apps introduce powerful features designed for iPad to deliver the ultimate mobile studio for video and music creators. The latest update to GarageBand includes new sound packs, beat sequencer, and more.
Apple has been growing and returning significant amounts to shareholders. The company has a strong balance sheet and generates significant cash flow. Click here to see why AAPL stock is a Buy.
Advanced Micro Devices (NASDAQ:AMD) announced a new chip for thin-and-light notebooks that it specifically claims beats Apple's year-old M1 chip. Did the company cherry-pick benchmarks to make its claim? Some experts think so. However, the new AMD chip is still a significant achievement for the company and could give Apple some competition in the laptop market.
Employees at a unionized Apple store in Towson, Md., want to start accepting tips from customers. Based on their proposal, customers paying with a credit card would be able to add a tip on the receipt, with the funds going directly to the employees. This would be a significant change for Apple, as the company has traditionally discouraged tipping.
This year's Worldwide Developers Conference (WWDC) is expected to be a big one for Apple. The company is rumored to be announcing new hardware, software, and services. If you weren't very excited about the event prior to yesterday, you might want to reconsider. Apple has been teasing the event with cryptic messages and images on its website.