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Apple cuts iPhone 13 product output by as many as 10 million units in wake of global chip shortage

Because the supply chain doesn’t love global chip shortages. Apple is apparently set to reduce its 2021 iPhone 13 product output but as many as 10 million units given the global chip shortage. Where the company had previously expected to produce 90 million units of the handsets, the number may be curtailed to 80 million. […]

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Rumor: Apple to announce next-gen iPhone on September 14, hold global launch on September 24

If you were wondering when the next-gen iPhone would be announced and then released, this might be the answer. Per prolific leaker Jon Prosser, the “iPhone 13” handset will be announced on September 14 with a global launch on September 24. Following a report that suggested a potential launch date of September 17, Prosser explained […]

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Apple posts 3Q 2020 results, cites $59.7 billion revenue, $11.25 billion profit for the quarter

Apple on Thursday announced the financial results for the third quarter of 2020, and considering the economic circumstances, they’re pretty amazing. The company posted a revenue of $59.7 billion with a net quarterly profit of $11.25 billion. Both revenue and earnings per share were June quarter records. The gross margin for the quarter stood at […]

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South Korea may inspire global App Store policy change

According to CNET, South Korea’s Fair Trade Commission (FTC) has ordered Google and Apple to remove specific clauses pertaining to refunds contained within applications’ terms and services on both Google’s Play Store and Apple’s App Store (for iPhone and iPad). The Commission declared that the clauses were, “explicitly unfair and responsible for damages to the consumer”. In a press release, […]