Warren Buffett backs Apple after firm sells millions of shares in iPhone maker

Berkshire Hathaway CEO stressed relationship at annual meeting attracting Apple CEO Tim Cook, Bill Gates and Bill Murray

The billionaire investment tycoon Warren Buffett has stressed his empire will remain a key investor in Apple after it sold billions of dollars’ worth of shares in the iPhone maker.

Thousands of shareholders in Berkshire Hathaway, Buffett’s sprawling conglomerate, have flocked to Omaha, Nebraska, for the firm’s annual meeting – dubbed Woodstock for Capitalists – this weekend.

Continue reading...

iPhone manufacturers in India halt production due to Cyclone Michaung

Foxconn and Pegatron temporarily shut factories near Chennai because of torrential rains that have claimed at least four lives

Taiwan’s Foxconn and Pegatron have halted production of Apple iPhones at their factories near Chennai in southern India because of heavy rains, sources close to the matter said on Monday.

In Tamil Nadu’s capital Chennai, the state’s largest city and a major electronics and manufacturing hub, at least two people died and the runway of one of the country’s busiest airports was submerged after torrential rain as the city braced for a severe cyclone expected to hit in the next 24 hours. Two others had died elsewhere. Cyclone Michaung was expected to make landfall on the coast of the southern Indian state of Andhra Pradesh around noon on Tuesday, the country’s weather office said, with sustained winds of 90kph to 100kph (56mph to 62mph), gusting to 110kph.

Continue reading...

France halts iPhone 12 sales over radiation exposure levels

Apple disputing tests by watchdog that showed radio frequency exposure was higher than permitted

Apple is facing a ban on the sale and potential recall of its iPhone 12 in France, as the US company contests a report that the smartphone exceeds radio frequency exposure limits by the nation’s regulator.

Apple said on Wednesday its iPhone 12 was certified by multiple international bodies as compliant with global radiation standards, disputing tests by the French ANFR watchdog that said the model emits more electromagnetic waves susceptible to be absorbed by the body than permitted.

Continue reading...

China reportedly extends iPhone ban to more workers as tensions with US rise

Apple shares fall as local government and state-owned firms latest to face restrictions on devices at work

China’s government has reportedly expanded its ban of iPhones to local government workers and state-owned companies, a day after it emerged central government employees were forbidden from bringing the devices to work.

Several agencies had begun instructing employees not to bring iPhones to work and the ban was expected to be further extended, Bloomberg reported. Nikkei reported at least one state-owned company had told its employees that anyone working with trade secrets could not bring their iPhones, Apple Watches or AirPods into work from next month.

Continue reading...

First-generation Apple iPhone sells at auction in US for $190,000

Device launched by Steve Jobs in 2007 with promise to ‘reinvent the phone’ sells for 300 times original price

A 2007 Apple iPhone has been sold at auction for $190,372.80 (£145,416) – 300 times its original sale price.

The 4GB model , originally bought for $599, was still in its factory wrapping and was in exceptional condition, the auction listing said. The auctioneer LCG Auctions described the device as a “popular high-end collectible” and “exceedingly rare”.

Continue reading...

Apple posts first revenue drop in four years

Facebook parent company Meta bucks trend with better earnings than expected, as Apple sees first profit miss in seven years

The A-Team of big tech – Apple, Amazon and Alphabet – all delivered disappointing results on Thursday a day after Facebook owner Meta bucked the gloomy trend in technology, delivering better-than-expected results.

Apple shares slid more than 4% on Thursday after the company posted a disappointing first-quarter earnings report, including rare misses on revenue, profit and sales.

Continue reading...

Supply fears as China lockdown hits world’s largest iPhone factory

Foxconn plant in Zhengzhou, from which many workers have fled, now under seven-day Covid lockdown

Chinese authorities have announced a seven-day coronavirus lockdown in the area around the world’s largest iPhone factory, stoking concern that production will be severely curtailed ahead of the Christmas period.

Foxconn’s plant in Zhengzhou, which employs about 200,000 people, produces the majority of Apple’s new phones, including the new iPhone 14.

Continue reading...

Apple weathers tech industry storm to top profit and revenue targets

The company reported an 8% increase of earnings at $90.1bn beating Wall Street expectations with net profit of $1.29 a share

Apple’s quarterly earnings on Thursday revealed that the company is weathering the ongoing tech downturn better than its competitors, reporting revenue and profit that topped Wall Street targets.

Revenue rose 8% this quarter to $90.1bn, above estimates of $88.9bn, while net profit was $1.29 a share, topping with the average analyst estimate of $1.27 a share, according to data from the market research firm Refinitiv.

Continue reading...

EU votes to force all phones to use same charger by 2024

Apple will be forced to change charger after EU votes to use USB-C connectors

The European parliament has voted to introduce a single charging port for mobile phones, tablets and cameras by 2024 in a move that presents difficulties for Apple, whose iPhones use a different power connector.

The vote confirms an earlier agreement among EU institutions and will make USB-C connectors used by Android-based devices the EU standard, forcing Apple to change its charging port for its devices.

Continue reading...

Apple shifts some iPhone 14 production from China to India

Move taken against background of China’s Covid lockdowns and geopolitical tensions between Beijing and Washington

Apple has begun making iPhone 14s in India, as it moves some production away from China for the first time against a backdrop of Chinese Covid-19 pandemic lockdowns and geopolitical tensions between the US and the country’s communist government.

A production line in Chennai has begun operation, assembling the iPhone 14 for the domestic Indian market. The move, which marks the first time the company has assembled iPhones outside of China in the same year they were released, is part of a plan to disentangle its manufacturing operations from the Chinese state.

Continue reading...

Claim for £750m against Apple launched alleging battery ‘throttling’

Consumer champion Justin Gutmann alleges older iPhones made slower to cope with software updates

A consumer champion has launched a more than £750m legal claim against Apple, linked to an incident in 2017 relating to a power management tool on older iPhones.

Justin Gutmann has accused the tech giant of slowing down the performance of iPhone handsets – a process known as “throttling” – by hiding a power management tool in software updates to combat performance issues and stop older devices from shutting down suddenly.

Continue reading...

Meta asks to be spared tighter rules in Australia, saying iPhone’s tracking blocker is hurting business

Company tells consumer watchdog it is set to lose $10bn this year in wake of Apple iOS feature hampering ability to collect user data

Meta says Apple’s decision to allow users to stop apps tracking them on their phones has diminished Facebook’s advertising market power, and therefore the social media giant should not face further regulation in Australia.

In mid-2021 Apple rolled out a new feature in iOS 14.5 called “app tracking transparency” which asks for users’ consent before an app can track their activity across websites and apps, and allows users to opt out of the tracking at any time.

Continue reading...

iPhone 13 Pro Max review: Apple’s heavyweight super phone

Top-priced, big screen, two-day battery life and cracking cameras – but just too heavy to beat the best

Apple’s latest super-sized smartphone is a beast in all directions, but is bigger really better?

The iPhone 13 Pro Max is Apple’s most expensive smartphone, starting at £1,049 ($1,099/A$1,849) – at least £100 more than other models. With the same chips, software, design and camera as the regular sized 13 Pro, size is the key differentiator.

Screen: 6.7in Super Retina XDR with ProMotion (120Hz OLED) (458ppi)

Processor: Apple A15 Bionic

RAM: 6GB

Storage: 128, 256, 512GB or 1TB

Operating system: iOS 15.1

Camera: Triple 12MP rear cameras with OIS, 12MP front-facing camera

Connectivity: 5G, wifi 6, NFC, Bluetooth 5, Lightning, ultra wideband and GNSS

Water resistance: IP68 (6 metres for 30 mins)

Dimensions: 160.8 x 78.1 x 7.7mm

Weight: 240g

Continue reading...

Apple iPhone 13 mini review: still the boss of small phones

Mini model trounces competition with great camera and performance, but isn’t the best iPhone for the year

The iPhone 13 mini takes what’s great about the full-size iPhone 13 and squeezes it into a body not much larger than the iPhone 5S without cutting back on features or power.

The smallest of Apple’s 2021 lineup costs £679 ($699/A$1,199), sitting above the £389 iPhone SE and below the £779 iPhone 13.

Continue reading...

Apple may cut iPhone 13 production by millions as US warns of Christmas shortages

Shares in Apple fall as global chip shortage and supply chain issues prompt White House to admit there could be empty shelves during festive season

Apple may slash the number of iPhone 13s it will make this year by up to 10m because of a shortage of computer chips amid a worldwide supply chain crunch that led the White House to warn that “there will be things that people can’t get” at Christmas.

Apple was expected to produce 90m units of the new iPhone models this year but has told its manufacturers that the number would be lower because chip suppliers including Broadcom and Texas Instruments were struggling to deliver components, Bloomberg reported on Tuesday.

Continue reading...

iOS 15 release: everything you need to know about Apple’s big update

Free software upgrades for iPhone, iPad and Watch improve notifications, Safari, FaceTime and more due for release

Apple plans to release software updates for its iPhone, iPad and smartwatch on Monday, which will add new features for compatible devices.

Announced at the firm’s developer conference in June, iOS 15, iPadOS 15 and WatchOS 8 bring new ways to deal with notifications, tools to keep work and home life separate, the ability to FaceTime video call with non-Apple users and more.

Continue reading...

Apple still reliant on one core product as it nudges $3tn hurdle

The iPhone maker may be set to break market records, but it’s starting to look more and more like a one-gadget pony

If Apple is to become the world’s first three-trillion-dollar company, the iPhone will play a key role in that feat. The tech firm unveils the latest iteration of its signature product on Tuesday, and the success of the iPhone 13 will determine how quickly Apple goes from its current market capitalisation of just under $2.5tn (£1.8tn) to $3tn.

“We believe Apple is on a trajectory to hit $3tn by early 2022 and the iPhone 13 will be a lynchpin of growth,” says Dan Ives of investment firm Wedbush Securities.

Continue reading...

Apple iOS 14.5 update includes ‘app tracking transparency’ feature

Setting means iPhone users can stop advertisers following their digital lives – to the ire of Facebook

Users of iPhones can now prevent advertisers tracking them across their apps, after the release of the latest software update from Apple introduced the controversial feature despite the protests of Facebook and the advertising industry.

The update, iOS 14.5, includes a setting called “app tracking transparency”, which for the first time requires applications to ask for users’ consent before they are able to track their activity across other apps and websites.

Continue reading...

Syringes and a flaming heart: iPhone reveals more than 200 new emojis

Options for couples with different skin tones and a bearded man or woman also part of iOS 14.5

More than 200 new emojis will arrive on iPhones with the release of the next operating system update, including a vaccine-ready syringe, a flaming heart and a vast array of options for couples with different skin tones.

The emojis will arrive as part of iOS 14.5, expected to hit iPhones within the next month. The changes, collated from beta versions by Jeremy Burge, the founder and “Chief Emoji Officer” of Emojipedia, are a mixture of all-new creations, modifications to existing emojis, and a few updates unique to Apple’s platform.

Continue reading...

Apple unveils new 5G iPhone 12 line in multiple sizes

New designs and cameras revealed alongside smaller HomePod smart speaker

Apple has unveiled its delayed iPhone 12 line of smartphones in a range of sizes with new designs and 5G connectivity.

Unveiled as part of a online-only event, which was pushed back by more than a month due to the Covid-19 pandemic, the new iPhones mark some of the biggest changes to Apple’s smartphones since the iPhone X in 2017.

Continue reading...