Goldman Sachs Considers To Exit Partnership With Apple

Goldman Sachs Group Inc. (GS) is considering exiting its partnership with Apple Inc. (AAPL), the Wall Street Journal reported, citing sources familiar with the matter. The report stated that the bank is in talks with American Express Co. (AXP) to take over its Apple credit card and other services with Apple Inc. The iPhone-maker and … Read more

Apple and Meta’s Metaverses Are Both Sad and Lonely

The metaverse has a loneliness problem. Mark Zuckerberg says Apple’s new headset will make everyone lonelier. But even Meta’s headset is, in the end, someone sitting alone on a couch too.   Mark Zuckerberg’s verdict on Apple’s new mixed-reality headset is in: It’s lonesome. “Every demo that they showed was a person sitting on a couch … Read more

The Stock Market’s Strong 2023 Performance Comes Down to 5 Names

One thing that pops up no matter where you look is the Pareto distribution. It’s a probability model that’s also been dubbed the 80-20 rule, and it illustrates how a tiny number of causes are responsible for the lion’s share of effects. For example, it’s like how the top 20% of sales people produce 80% … Read more

Cathie Wood Says Apple Could Be Disrupted by the Rise of ChatGPT Plugins

Apple could be disrupted by the rise of ChatGPT plugins, according to Ark Invest’s Cathie Wood. She made the comment as Apple’s $2.73 trillion market value eclipses the collective market cap of the Russell 2000. The only way to justify Apple’s current valuation is if its health care and payments bets succeed, Wood said. The … Read more

Apple: Tatas get a bite of Apple, start manufacturing iPhone in Bengaluru

In an ambitious manufacturing move in India, the Tata Group has started making the Apple iPhone within the country as it seeks to acquire the Narasapura factory, outside Bengaluru, of Taiwanese giant Wistron, multiple sources have told TOI. The move comes within weeks of Apple CEO Tim Cook having a detailed meeting with Tata Sons … Read more

Apple partner Foxconn buys land in Bengaluru to expand production in India

In a bid to diversify production away from China, Apple partner and Taiwanese multinational electronics contract manufacturer Foxconn on Monday acquired 1.2 million square metre or 13 million square foot land in the Devanahalli area near the Bengaluru airport in Karnataka, reported Focus Taiwan, the national news agency of the Republic of China. Foxconn subsidiary … Read more