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iPhone

Reuters | Equities.com |

Apple Inc said on Tuesday it would host its annual developers’ conference in an online-only format for the second year in a row, from June 7 to June 11, as COVID-19 cases rise in the United States.

The iPhone maker’s Worldwide Developers Conference, usually held in San Jose, California with more than 5,000 people attending, was moved completely online for the first time in June last year due to the coronavirus outbreak.


Kimberly Redmond | Equities.com |

Apple Inc is testing new iOS software that will enable iPhone users to unlock their device while wearing a face mask – as long as they are wearing an Apple Watch.

The update released this week, which is part of a beta test expected to be broadly rolled out soon, enables an iPhone to communicate with a synced Apple Watch when the smartphone is raised to use Face ID.


Reuters | Equities.com |

Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57% rise in China sales.

Apple shipped its iPhone 12 lineup several weeks later than usual, but an expanded number of models and new look appear to have tapped into pent up demand for upgrades, especially in China. The company also posted strong sales of its Mac laptops and iPads in the quarter, driven by consumers working, learning and playing from home during the pandemic.


Reuters | Equities.com |

Apple Inc plans to raise iPhone manufacturing by nearly 30% to up to 96 million units in the first half of 2021, Japanese financial daily Nikkei reported on Tuesday, prompting another jump in the shares of the California-based tech giant.

Citing unnamed sources, Nikkei said the company had asked suppliers to produce around 95 million to 96 million iPhones. That target would include the latest iPhone 12 as well as older iPhone 11 and SE models, but could be undermined by an industry shortage of key components, it said.


Reuters | Equities.com |

Apple Inc said on Wednesday it plans to start a program to lower its App Store commissions for software developers who make $1 million or less in proceeds each year from the store, but some of the company’s critics called the move “window dressing.”

Apple takes a 30% cut of most purchases made on the App Store, although the commission drops to 15% for subscriptions that remain active for more than a year.

The iPhone maker said developers will automatically get the lower 15% rate if they generate $1 million or less in proceeds - defined as the portion of store purchases that the developer keeps - in a calendar year.