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Apple News and Brief History

Before you can properly understand Apple News, it’s important to know its history. Apple was founded by Steve Jobs and Steve Wozniak in 1976. In 1977, Apple’s sales were growing with the success of its early computers. Within a few years, Jobs and Wozniak hired designers and a production line crew. Apple went public in 1980 and was an instant success. Over the next few years, Apple shipped new computers featuring new graphical user interfaces, such as the original Macintosh in 1984. As the market for personal computers expanded through the 1990s, Apple lost market share to the cheaper Microsoft Windows on PC clones. Eventually, Wozniak and Jobs both left Apple. Jobs would go on to found NeXT and would return to Apple when NeXT was acquired in the late 90s. Apple then began a journey to the great second act in the history of the business world.

Since the release of the iPod in 2001, Apple has become a major player once again in the technology industry. After releasing the iPhone in 2007, the iPad in 2010, and the Apple Watch in 2015, Apple is now one of the largest companies in the world. Apple’s worldwide annual revenue totaled $274.5 billion for its 2020 fiscal year.

Today, Apple operates retail stores all across the world, has a growing services division, and an ever-expanding hardware lineup. The technology industry follows Apple news to see where the company is headed in the future.

Keep reading for the latest Apple news

Apple patent covers AirPower’s ‘magnetic vision system’ used to prevent metal objects from damaging mat

Apple AirPower

New patents granted to Apple today reveal some of the possible problems its now-fabled AirPower mat might have needed to resolve before its public release, including what Apple calls a “magnetic vision system”.

Recently, we’ve been hearing reports of AirPower hitting the production stage, however, with Apple still tight-lipped on the product since last year, today’s patents offer another glimmer of hope.


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Apple dismisses over 200 staff members from autonomous vehicle department

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A report from CNBC this morning says Apple has cut over 200 employees from its top-secret “Project Titan” autonomous vehicle program. In a statement, however, the company says it still sees a “huge opportunity” in the space.

An Apple spokesperson acknowledged the changes, but attributed them to staff restructuring rather than layoffs.


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Apple admits Qualcomm was sole source of 4G modems, had no where else to turn

A report from Bloomberg details how Apple’s director of cellular systems architecture, Matthias Sauer, testified that the company sought 4G cellular modems from an array of different companies besides Qualcomm, however, none were able to provide market-ready 4G modems in time.

The news is a big boost to the chipmaker’s case, who is fighting claims that its near market monopoly has forced phone manufactures to pay fixed, inflated prices on chip licensing royalties.


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Ron Howard’s ‘Imagine Documentaries’ nabs first-look deal with Apple

Director Ron Howard and production partner Brian Grazer have penned a new, first-look deal with Apple to air its Imagine Documentaries films on the company’s upcoming video streaming service, reports Variety.

Fittingly, the primary focus of the documentaries generally center around a musician’s story, with the production company’s most recent release, “The Beatles: Eight Days a Week — The Touring Years”, winning the 2017 Grammy for Best Music Film.


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Apple increases ‘health’ related hiring as job openings rise 400% since 2017

Apple has been slowly but surely growing hiring rates for jobs related to “health” fields. The company’s job openings with the word specifically mentioned in the career title have increased 400% as the company continues to view health as its “greatest contribution to mankind”.

According to new data by Thinknum, Apple has 75 open job listings with the word “health” in the career title, as compared to just 15 openings in October 2017.


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iPhone 11 rumors: 4,000mAh battery, 120Hz display, faster wireless charging, more

Update: This site is mirroring this Twitter user’s iPhone 11 wish list, rather than providing any new information. The items mentioned should be disregarded. Original story below.

Sketchy new reports from Chinese website Weibo claim to offer up some interesting new tidbits regarding Apple’s upcoming iPhone 11. Most interesting is the possibility of a display with a higher refresh rate, similar to the 120Hz rate found on iPad Pro.

The report also calls for a larger, 4,000mAh battery on the Max model, with much faster 15W wireless charging also in tow.


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Report: Apple cuts iPhone 8, XR, XS, XS Max prices for Chinese vendors

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A report from China’s National Business Daily says Chinese iPhone vendors received word yesterday regarding price cuts to iPhone 8, 8 Plus, XR, XS and XS Max.

The biggest price cut comes to the iPhone XR, which allegedly is seeing a 450 yuan (~$66) discount, bringing the total XR price to 5250 yuan (about $770). Generally though, most iPhones are seeing a 400 yuan (~$59) reduction.


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Qualcomm says Tim Cook’s quote was ‘misleading’ and ‘deliberately tarnishes reputation’

On Tuesday, Apple CEO Tim Cook sat down with CNBC and spoke all-things Apple, including a defense of the company’s recent rare earnings miss, calling out reports of a failing iPhone XR and the future of Apple’s services business. During the interview, Cook was quick to address the ongoing lawsuit with California-based chipmaker Qualcomm.


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NVIDIA’s new laptop-friendly RTX GPUs are beasts, but in-house Apple GPUs loom [Poll]

NVIDIA is having a strong CES. After announcing powerful new RTX 2000 series GPUs last year, the company took to Las Vegas this week to show off an array of new laptops featuring the accompanying mobile RTX series.

Powerful gaming laptops are getting thinner and increasingly more capable, and these new chips are certainly the best on the market. The only question left is, will we ever see these featured in a Mac?


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Apple might be suffering from an ‘informal’ consumer boycott in China, analysts say

Analysts from Bank of America Merrill Lynch have suggested that Apple is facing a potentially worrisome “informal boycott” from consumers in China and India. A survey conducted by the bank’s equity research team, cited by Bloomberg, shows user interest in upgrading to iPhone dwindling, with most of the excitement coming from Samsung or Huawei products.


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WSJ report details how Apple lost $9 billion this year due to poor self-investment decision

A report from the Wall Street Journal today details how Apple (AAPL) lost $9 billion this past year due to a single “underperforming investment” — itself. The report explains that after the surplus of cash the company had through Trump’s 2017 tax overhaul, Apple bought back AAPL shares at peak prices, essentially overpaying for themselves.

Even though AAPL yesterday saw its best single-day performance in over five years, the ~$10 gains made on the share price pale in comparison to the significant losses the stock saw over the past weeks.


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Apple lawyers fined or detained? Qualcomm offense intensifies over China iPhone sales ban

As the heated legal saga between Apple and Qualcomm only continues to intensify, the California chipmaker is now insisting that after asking Chinese courts to impose an all-out iPhone ban in the region, it won’t rule out imposing Chinese civil procedure to fine or detain legal representatives from Apple for disobeying the sales ban, according to Global Times China.

A lawyer representing Qualcomm said that under Chinese rules of civil procedure, Qualcomm has the right to ask a court to fine or detain Apple’s four legal representatives in China or bar them from leaving the country.

Further, the company is said to be dissatisfied with Apple’s flippancy towards the Chinese injunction as compared to the recent German one, which saw Apple immediately ban sales of iPhone 7 and iPhone 8 in the country.


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Kantar Worldpanel

Apple stock sees best single-day performance in five years as entire market rebounds

Apple (AAPL) had its best single-day performance at the stock market today, seeing a 7.04% rise, the highest in one day since April 2014. The Dow Jones rose over 1,000 points, as the entire market — particularly FAANG stocks — rebounded after a tumultuous few bearish days.

Tesla (TSLA) also saw significant gains today, rising to over $300 a share after losing 21% of its value over the previous weeks.


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China grants iPhone import and sale ban over Qualcomm dispute, but Apple seemingly has a workaround [U]

[Update 1:33 ET: Apple says it will appeal the injunction in China (despite the ban seemingly not affecting iPhone sales.]

CNBC reported breaking news this morning that China has granted an injunction against Apple over its patent dispute with Qualcomm, a move that the chip maker claims “bans the import and sale of nearly all iPhone models in China.” Apple has issued a statement, however, saying that “all iPhone models remain available for our customers in China.”


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Apple Authorized Reseller store goes live on Amazon․com ahead of Black Friday and Cyber Monday

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We learned earlier this month that Apple and Amazon struck a deal that will see iPhones and iPads officially sold on the online marketplace, and now the first listings for iPhones, iPads, Macs, Apple Watches, and other Apple products are starting to go live. The move puts Apple products in front of more customers just in time for Black Friday and Cyber Monday when the most holiday shopping happens.


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Chase launches Apple Ultimate Rewards Store for buying products with points

Chase is expanding its rewards program for credit card holders with a new way to buy Apple products using points. The new Apple Ultimate Rewards Store includes a variety of Apple hardware including iPhone, Apple Watch, iPad, Mac, HomePod, and Apple TV. Chase is also launching a limited time offer on eligible Apple merchandise to promote the new program.


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