Apple blamed "strong macroeconomic headwinds" on its surprisingly sluggish quarterly results, in which the smartphone vendor posted revenues and profits below analyst expectations, driven largely by a significant dip in its iPhone shipments. Apple shipped a total of 51.2 million iPhones during its most recent quarter, down from the 61.2 million it shipped during the same quarter last year.
The iPhone 6s and 6s Plus aren't selling as well relative to other Apple models as their predecessors did, according to new data from Consumer Intelligence Research Partners (CIRP).
Smartphone vendors shipped 292 million units in the first quarter of 2016, according to TrendForce, marking a 1.3 percent dip year over year and an 18.6 percent sequential drop from the typically busy holiday quarter.
The FBI paid professional hackers a one-time fee to unlock a San Bernardino terrorist's iPhone rather than employing the Israeli firm Cellebrite, according to a Washington Post report.
U.S. consumers are increasingly buying iPhones from carriers or other retailers rather than Apple, according to a new report obtained by The Wall Street Journal.
Juniper Research said that the integration of near-field communication (NFC) or contactless payment technology into the Apple iPhone gave the industry a "much-needed boost", but further weakened the contactless prospects for mobile network operators that were effectively cut out of the value chain.
Mobile consumers spent an average of $35 on apps per active iPhone in the United States last year, according to a new study from Sensor Tower. The mobile app store market intelligence firm reported the Games category ranked first among per-device spending last year, followed by Music, Social Networking and Entertainment apps.
The iPhone SE had the lowest adoption in its first weekend of availability of any Apple handset since 2012, according to Localytics, and claimed a mere 0.1 percent of the overall iPhone market after its first few days of availability. Sales of the iPad Pro, however, are on par with earlier iPads.
Foxconn finally agreed to a deal to buy Sharp Corp., and it will do so at a steep discount from its original offer. Foxconn will spend $3.5 billion to take over the struggling Japanese consumer electronics behemoth, ending weeks of public negotiations. Foxconn had committed to pay roughly $6.2 billion for a 66 percent stake in Sharp last month before it reportedly discovered more than $3 billion in undisclosed liabilities, prompting it to shelve the deal.
The U.S. Department of Justice moved to vacate a court order forcing Apple to cooperate in a high-profile investigation, saying it was finally able to unlock an iPhone without the company's help. But Apple's battles with federal prosecutors aren't likely to go away soon.