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Apple posts strong shipments, and year-over-year growth as computing industry returns to pre-pandemic levels

It was a long pandemic, but Apple and the larger industry have gotten back to pre-pandemic levels, complete with substantial year-over-year growth. According to 9to5Mac, an IDC report released yesterday on global shipments for Q1 2024 showed that while Apple still doesn’t lead for volume, it did come in number one for YoY growth. IDC […]

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TSMC to receive $6.6 billion grant from United States government to help boost production

TSMC is about to get a hefty chunk of funding from the United States government. The United States Commerce Department on Monday announced that it will be allocating a $6.6 billion subsidy to chip manufacturer TSMC for the advancement of semiconductor production in Phoenix, Arizona. TSMC will also receive $5 billion in loans and be […]

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Rumor: Apple to announce updated iPad models in second week of May

Apple may be looking to launch its new iPad Pro and iPad Air models during the second week of May. Bloomberg’s Mark Gurman stated “For those looking for more specific timing, I’m told the launch will probably happen the week of May 6,” said Gurman, in his Power On newsletter on Sunday. “Another data point […]

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Apple confirms layoffs of more than 700 employees following the cancelation of its Apple Car, other projects

Sometimes projects just don’t work out. Apple has confirmed that the company is laying off more than 700 employees following the cancelation of its Apple Car project and is also reconsidering the project to develop in-house Micro-LED displays. The layoffs became known after the company filed WARN notices in the state of California. Per 9to5Mac, […]

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Apple to hold Q2 2024 earnings call on Thursday, May 2nd

You might want to carve out a few hours for Apple’s financial returns on May 2nd. Per MacRumors, Apple on Thursday announced that its next quarterly earnings conference call will be held on Thursday, May 2, at 2 p.m. Pacific Time. As usual, the call will be streamed live on Apple’s investor website, Apple’s CEO […]