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Kif Leswing, CNBC.com’s Posts
Apple stock is up since the company announced its chief design officer, Jony Ive, would leave later this year.
When Jony Ive leaves Apple later this year as its outgoing Chief Design Officer, he leaves a job where he was responsible for all design across Apple, including its hardware, user interfaces, packaging, architectural projects and “new ideas,” according to his Apple biography.
Apple’s iPhone is an incredible moneymaking machine. In the first three months of 2019, Apple sold $31 billion worth of iPhones.
At the same time, the iPhone is becoming less important to Apple’s total sales as the smartphone industry stalls globally.
Apple could release iPhones in 2020 equipped with 5G modems, according to research notes from TF International Securities analyst Ming-Chi Kuo.
Apple probably paid Qualcomm between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday.
An improved camera system will be a major selling point for Apple’s 2019 iPhone lineup, according to a research note from TF International Securities analyst Ming-Chi Kuo.
Apple’s new subscription service for news and magazines, Apple News+, had over 200,000 people subscribe to a free one-month trial in the first 48 hours it was available, according to the New York Times.
Apple announced a streaming video service and an Apple credit card on Monday.