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Consumer electronics manufacturing

FILE - In this Nov. 3, 2017, file photo, customers buy the iPhone X at the Apple Store on New York's Fifth Avenue. Apple is expected to unveil its biggest and most expensive iPhone on Wednesday, Sept. 12, 2018, as part of a lineup of three new models aimed at widening the product’s appeal amid slowing sales growth. (AP Photo/Richard Drew, File)
September 11, 2018 - 3:47 pm

Apple expected to unveil bigger, pricier iPhone on Wednesday

SAN FRANCISCO (AP) — Apple is expected to unveil its biggest and most expensive iPhone on Wednesday as part of a lineup of three new models aimed at widening the product's appeal amid slowing sales growth. Most of the buzz is swirling around a rumored iPhone that is supposed to boast a 6.5-inch...
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September 08, 2018 - 3:07 pm

Trump: Apple can avoid tariffs by shifting production to US

President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes "massive" additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S. "Start building new plants now. Exciting!"...
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CORRECTING DATE OF ANNOUNCEMENT TO WEDNESDAY - FILE - In this file photo dated Tuesday, Aug. 21, 2018, a Facebook start page is shown on a smartphone in Surfside, Fla. USA. The social media giant Facebook said late Wednesday Aug. 22, 2018, it has banned a quiz app for refusing to be audited and concerns that data on as many as 4 million users was misused, after it found user information was shared with researchers and companies. (AP Photo/Wilfredo Lee, FILE)
August 23, 2018 - 10:41 am

Facebook bans quiz app, pulls its security app over privacy

LONDON (AP) — Facebook has banned a third-party quiz app amid concerns over the possible misuse of users' data and pulled its own security software from Apple's app store after the iPhone maker tightened data security rules. The social media company said Wednesday it took action against the...
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The Samsung Galaxy Note 9 and stylus are shown in this photo, in New York, Tuesday, Aug. 7, 2018. The stylus, a signature Note feature, will now have Bluetooth capability, allowing people to control phones and apps from up to 30 feet away. (AP Photo/Richard Drew)
August 09, 2018 - 3:46 pm

Samsung's new phone shows how hardware innovation has slowed

NEW YORK (AP) — Samsung's new smartphone illustrates the limits of innovation at a time when hardware advances have slowed. The new phone, the Galaxy Note 9, will be faster and will last longer without a recharge. But while earth-shattering new features are in short supply, it will carry an earth-...
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August 08, 2018 - 12:08 am

China mobile tower owner debuts in HK market after $6.9B IPO

HONG KONG (AP) — Shares in the state-owned monopoly that operates China's vast network of mobile phone towers are flat as the company makes its stock market debut in Hong Kong after raising $6.9 billion from investors. China Tower Corp. was trading at 1.27 Hong Kong dollars (16.2 U.S. cents) per...
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FILE - In this Jan. 9, 2007 file photo, Apple CEO Steve Jobs holds up the new iPhone during his keynote address at MacWorld Conference & Expo in San Francisco. Apple has become the world’s first company to be valued at $1 trillion, the financial fruit of tasteful technology that has redefined society since two mavericks named Steve started the company 42 years ago. (AP Photo/Paul Sakuma, File)
August 03, 2018 - 12:02 am

Triumph of the iPhone: Apple cracks trillion-dollar mark

SAN FRANCISCO (AP) — Apple is the world's first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets. The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks...
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FILE - In this Jan. 9, 2007 file photo, Apple CEO Steve Jobs holds up the new iPhone during his keynote address at MacWorld Conference & Expo in San Francisco. Apple has become the world’s first company to be valued at $1 trillion, the financial fruit of tasteful technology that has redefined society since two mavericks named Steve started the company 42 years ago. (AP Photo/Paul Sakuma, File)
August 02, 2018 - 6:26 pm

Financial fruit: Apple becomes 1st trillion-dollar company

SAN FRANCISCO (AP) — Apple is the world's first publicly traded company to be valued at $1 trillion, the financial fruit of stylish technology that has redefined what we expect from our gadgets. The milestone reached Thursday marks the latest triumph of a trend-setting company that two mavericks...
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August 02, 2018 - 12:41 pm

Milestones along the way for Apple's trip to $1 trillion

April 1976 Apple is founded by Steve Jobs, Steve Wozniak and Ronald Wayne. June 1977 The Apple II computer is released. December 1980 Apple goes public and its stock beings trading on the Nasdaq. April 1983 Former PepsiCo executive John Sculley becomes Apple's CEO after being recruited by Steve...
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In this May 31, 2018, photo, a customer enters the Apple store in New York. Apple made more money from higher priced iPhones in the latest quarter, even as unit sales were relatively unchanged. Shares of Apple rose nearly 3 percent Tuesday, July 31, after it reported fiscal third-quarter results that beat Wall Street expectations. (AP Photo/Mark Lennihan)
July 31, 2018 - 7:03 pm

Apple shares rise on jump in average price of iPhones

Apple made more money from higher priced iPhones in the latest quarter, even as the number of phones it sold did not change much. The sluggish unit growth means Apple is no longer the second-biggest smartphone maker behind Samsung. Huawei took that spot, research firm IDC said Tuesday, with 54.2...
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Employees walk past logos of the Samsung Electronics Co. at its office in Seoul, South Korea, Tuesday, July 31, 2018. Samsung Electronics Co. said Tuesday its second-quarter earnings rose 2 percent over a year earlier, missing expectations due to sales of smartphones and display panels that offset robust memory chip sales. (AP Photo/Ahn Young-joon)
July 30, 2018 - 9:56 pm

Samsung Electronics misses forecast on lower phone sales

SEOUL, South Korea (AP) — Samsung Electronics Co. reported a lower-than-expected gain in the second-quarter earnings Tuesday, indicating an end to its streak of record-breaking financial results as sales of smartphones and display panels slowed while memory chip profit stabilized. The South Korean...
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