PYMNTS

NOVEMBER 5, 2020

Apple has been ordered to face a lawsuit from shareholders over CEO Tim Cook's reported concealment of falling iPhone demand in China, Reuters reports, which caused investors to lose billions. The delay caused Apple's market capitalization to fall from $2.295 trillion on Sept. 5) that the shareholders, led by a U.K.

Apple 145

Apple California Regional Report 145

PYMNTS

MARCH 6, 2020

Venture capital firm Sequoia Capital warned in an email to entrepreneurs on Thursday that the coronavirus could potentially be the herald of a “prolonged” global economic slow-down. Sequoia, a fixture in Silicon Valley for decades, and has funded companies such as Apple, Google, Instagram, DoorDash and more for decades.

Capital 174

Capital Apple Google Software 174

PYMNTS

FEBRUARY 18, 2019

In an attempt to lower its reliance on the iPhone, Apple is overhauling its leadership ranks and changing its priorities so that it is focused more on services, artificial intelligence, hardware and retail, reported The Wall Street Journal. Apple’s moves come at a time when demand for its iPhones is starting to slow.

Apple 163

Apple Leadership Maine Google 163

PYMNTS

OCTOBER 6, 2019

Increased demand for iPhone 11 has prompted Apple to step production by about 10 percent, Nikkei Asian Review reported on Friday (Oct. Previously, Apple was quite conservative about placing orders”, which were less than for last year’s new iPhone, a source told Nikkei. It also raised Apple’s target price. Demand is good for now.

Apple 131

Apple Capital Security Marketing 131

PYMNTS

MAY 11, 2020

Mumbai-based Tata Capital , a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage their accounts. Tata Capital is deeply invested in providing easy access of credit to merchants and dealers through its Channel Finance and Term Loan products.

Capital 141

Capital Mobile User Experience Groups 141

PYMNTS

DECEMBER 16, 2018

Apple took a hit late last week after Ming-Chi Kuo, the closely followed Apple analyst at TF International Securities, warned that demand for Apple’s iPhones is much lower than expected. Kuo’s report sent shares of Apple lower and is worrisome given his close relationship to a supplier.

Apple 162

Apple Security Report Meeting 162

PYMNTS

MAY 1, 2019

Apple’s shares jumped in trading on Wednesday (May 1) on the back of a strong showing for its second quarter, setting the stage for another push above the $1 trillion market capitalization. It’s a milestone Apple briefly hit in August, only to see its stock fall as demand in China slumped.

Apple 122

Apple Marketing Capital Report 122

PYMNTS

DECEMBER 17, 2019

Apple ’s wearables are poised for strong growth over the next four years, according to the International Data Corporation (IDC). The innovative technology giant continues to dominate the wearables industry with its AirPods, Beats headphones and Apple Watch offerings. million units in 2019, and nearly double to 273.7

Apple 133

Apple Samsung Trends Analytics 133

PYMNTS

AUGUST 15, 2019

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. Not with a bang but a whimper?

Apple 148

Apple Cards Analysis United States 148

PYMNTS

MAY 22, 2019

An analyst has revealed that Tesla missed out on the chance to sell to Apple six years ago for around $240 per share. Around 2013, there was a serious bid from Apple at around $240 a share,” Craig Irwin, an analyst at Roth Capital Partners, told CNBC. Apple bid for Tesla. This is something we did multiple checks on.

Apple 154

Apple San Francisco California Capital 154

PYMNTS

FEBRUARY 17, 2019

PullString , a San Francisco maker of technology that enables people to design and publish voice-activated apps, was acquired by Apple. With Amazon leading in the voice-activated speaker market thanks to Alexa and her slew of skills, Apple is trying to fight back. It also has to contend with Google, relegating it to third place.

Apple 143

Apple San Francisco Google Report 143

PYMNTS

JULY 25, 2018

When eBay announced that it would be accepting Apple Pay , it wasn’t the only new development for the online marketplace. Bloomberg reported Tuesday (July 24) that eBay will begin offering merchants up to $100,000 in financing through Square Capital. Square Capital is likely to see a significant boost to its financing volumes.

Lending 134

Lending Capital Apple Operations 134

PYMNTS

NOVEMBER 6, 2020

Apple has started taking preorders for a new line of iPhones and HomePod speakers, the company said in a Friday (Nov. This is the first time Apple has simultaneously launched four different iPhone models. Apple's fourth quarter and fiscal year ended Sept. Its market capitalization had been $2.295 trillion on Sept.

Apple 116

Apple Capital System Company 116

Bank Innovation

AUGUST 9, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, speaks with Alyson Clarke, principal analyst at Forrester Research, about the following developments: With the much-awaited launch of Apple Card, the tech giant has taken a page […].

Apple 210

Apple Cards Video Fintech 210

PYMNTS

FEBRUARY 18, 2019

Sam Jadallah, the former CEO of defunct smart lock company Otto, has been hired to head up home initiatives — including HomePod and HomeKit — at Apple. The news comes after Apple recently acquired startup PullString, which specializes in voice-enabled toys and could help the company launch products that create a connected living room.

Apple 136

Apple Google Samsung Survey 136

PYMNTS

AUGUST 1, 2019

Google’s parent company Alphabet has surpassed Apple as the company with the biggest cash reserves in the world, according to a report by the Financial Times. The move comes as Apple has made a conscious decision to let go of some of its cash reserves, and about six years after activist investor Carl Icahn pressured the company to do so.

Apple 122

Apple Washington New York Google 122

PYMNTS

AUGUST 27, 2019

Menlo Park-based Enjoy Technology , the eCommerce startup led by Ron Johnson, former VP of retail operations for Apple, has raised an additional $150 million in Series C funding, TechCrunch reported on Tuesday (Aug. Prior investors include Riverwood Capital, Stamos Capital, Kleiner Perkins, Highland Capital and Oak Capital Management.

Apple 116

Apple Capital Technology Retail 116

PYMNTS

JULY 14, 2020

stores for Google Pay and Apple Pay users. In February, Molnar told PYMNTS why Afterpay went public nine months after its first-ever capital raise. “We Afterpay Ltd. , the Australian buy now, pay later (BNPL) company, announced Tuesday (July 14) in separate press releases that it will offer its BNPL services at U.S.

Google 151

Google Apple Retail Millennials 151

PYMNTS

JUNE 26, 2019

Apple has bought autonomous car startup Drive.ai, according to a report by CNBC. The purchase price isn’t known, but Axios is reporting that Apple probably paid less than the $77 million Drive.ai raised in venture capital. raised in venture capital. Apple called the cuts restructuring at the time.

Apple 100

Apple Arlington California Texas 100

PYMNTS

NOVEMBER 11, 2019

Apple is said to be planning a launch of augmented reality (AR) headsets in 2022, and a year later, introduce smart glasses with the same technology, The Information reported on Monday (Nov. The product timetables run counter to recent analyst and media reports that said an Apple AR device could arrive as early as next year.

Apple 102

Apple Survey Capital Google 102

PYMNTS

AUGUST 1, 2018

Amid the race to reach $1 trillion in market capitalization, analysts are predicting that Amazon will win over Apple. Even so, Apple could potentially pull off an upset. But, while Apple is getting a lot of accolades from analysts on Wall Street and investors, it won’t hold the top spot for market capitalization for long.

Apple 100

Apple Marketing Capital California 100

PYMNTS

JANUARY 14, 2019

Global investment firm RBC Capital Markets sent out a note on Sunday (Jan. 13) saying that Apple’s services revenue growth has slowed to 18 percent year-over-year, when it was expected to be at about 27 percent. 14), Apple’s stock dropped about 1.3 Apple has hinted that it will be releasing new products this year.

Apple 115

Apple Google Taxes Capital 115

PYMNTS

NOVEMBER 26, 2018

Despite a recent report, Apple still leads Microsoft in market capitalization by $26 billion. According to 9to5Mac , changes in outstanding share counts mean Microsoft did not pass Apple in market cap as the site previously reported, and other news outlets continue to report. Apple’s market cap is $817.6

Apple 124

Apple Marketing Capital Report 124

Bank Innovation

APRIL 5, 2016

Capital One Financial Corp. Job ads for more than a dozen positions in the Big Apple were recently posted, and quite a few of them directly relate to the bank’s innovation effort. may be based in McLean, Va., but it’s adding significant innovation staff to its New York office. Here are just a Read More.

New York 150

New York Capital Innovation Apple 150

PYMNTS

SEPTEMBER 11, 2019

Apple has reached a rare milestone for a second time. 11) trading and gave the company a capitalization of $1.01 Apple crossed the $1 trillion mark in August of last year, but dropped due to slow iPhone sales in China. Apple crossed the $1 trillion mark in August of last year, but dropped due to slow iPhone sales in China.

Apple 108

Apple Marketing Capital System 108

PYMNTS

JUNE 5, 2018

Through a new Face ID setting, Apple ’s latest iOS 12 potentially allows more than one person to use the feature on a particular iPhone X. The news comes as Apple’s annual developer conference, WWDC , helped boost the company’s shares to an all-time high on Monday (June 4). As a result, Apple’s stock rose as much as 1.7

Apple 115

Apple San Jose Conference California 115

PYMNTS

OCTOBER 25, 2018

Apple is expanding its presence in Southeast Asia, choosing Thailand as the home for its second Apple Store in Southeast Asia. A tech media outlet , citing comments Apple made on its local Thailand website, reported that the store will be part of the upcoming Iconsiam mall, which will be the largest in Bangkok.

Apple 129

Apple Regional California Cards 129

PYMNTS

AUGUST 2, 2018

Apple became the first company trading in the U.S. to have a market capitalization of more than $1 trillion, hitting that milestone earlier on Thursday (Aug. In early-morning trading on Thursday, Apple hit the $1 trillion in market cap when shares passed $207.05.

Apple 101

Apple Marketing America Report 101

Bank Innovation

OCTOBER 18, 2018

Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most convenient option for simple daily transactions, but branches are still necessary for the more complex ones And yet banks should not ignore the shift in banking habits brought on by non-bank technology companies.

Google 225

Google Apple Survey Digital Banking 225

PYMNTS

NOVEMBER 4, 2019

Also, Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple -branded credit card. And Capital One is back online after a major outage. Goldman Extends $10B In Apple Card Credit In First Month. Goldman Sachs has doled out approximately $10 billion in credit lines for the Apple-branded credit card.

Apple 116

Apple Cards Payments Capital 116

PYMNTS

OCTOBER 1, 2019

The iPhone 11 rolled out just over a week ago, and Apple CEO Tim Cook told the German newspaper Bild that the latest model enjoyed a “very strong start,” CNBC reported on Tuesday (Oct. Cook told the newspaper that Apple “could not be happier” with the iPhone 11 launch, although sales figures were not discussed.

Apple 109

Apple Retail Regional Capital 109

PYMNTS

MARCH 27, 2019

That Apple events are tightly produced headline magnets is nothing new. At an Apple device event, seeing all four hanging around the Steve Jobs auditorium is perhaps not quite par for the course — but it’s far from extraordinary, or even really all that surprising. billion apple device owners inside of it. No price was given.

Apple 118

Apple Cards Course Los Angeles 118

PYMNTS

APRIL 23, 2018

Apple doesn’t report earnings until May 1, but that hasn’t stopped Wall Street analysts from cutting their forecasts for iPhone shipments, with Morgan Stanley the most recent to pile on. Thanks to President Trump’s tax reform , Apple was able to bring a lot of cash back into the country.

Apple 109

Apple California Taxes Maine 109

PYMNTS

MAY 29, 2017

A source confirmed with Bloomberg Technology that Apple is working on a processor devoted specifically to AI-related tasks. The chip, known internally as the Apple Neural Engine, would improve the way the company’s devices handle tasks that would otherwise require human intelligence, such as facial and speech recognition.

Apple 108

Apple Google Maine Software 108

PYMNTS

FEBRUARY 2, 2018

To say that Apple didn’t sell a lot of phones during the holiday season would not be fair. Saying Apple didn’t make money during its first fiscal quarter of 2018, would not be fair, either. Apple beat on earnings and revenue expectations, thanks to higher-than-expected device prices. billion and a profit of $3.39 cents a share.

Apple 100

Apple Report Capital Marketing 100

Bank Innovation

AUGUST 22, 2018

As it makes its way to South Africa and continues to amass impressive partnerships with the likes of Alipay and PayPal, Samsung Pay might have completed three years in the mobile payments market, but its numbers still lag its main rival, Apple Pay. Samsung revealed yesterday that it had completed 1.3

Samsung 186

Samsung Apple Maine Mobile 186

PYMNTS

MARCH 9, 2018

Apple needs to watch its back: Amazon might just beat the world’s most valuable publicly listed company to the $1 trillion mark. While Reuters reports that Apple’s market capitalization has reached $893 billion – $141 billion more than the $752 billion market value of Amazon – the eCommerce giant has been quickly gaining steam.

Apple 100

Apple Capital Marketing Retail 100