Apple Inc. is a multinational technology company with its headquarters in Cupertino, California. Over the years, the company has maintained its position as one of the world’s leading technology giants, and its business news is always followed keenly by tech enthusiasts and investors alike. Here are the top five latest business news you need to know from Apple.
1. Apple’s revenue surges to $81.4 billion in Q2 2021
Apple announced in April 2021 that it had achieved record-breaking revenue of $81.4 billion in the second quarter of the year. This figure represented a 54% increase compared to the same period in 2020. The company attributed this surge in revenue to the high demand for its products and services, especially the iPhone 12, which had been launched in the previous quarter.
2. Apple invests $430 billion in US economy and announces new campus
In April 2021, Apple announced that it would invest $430 billion in the US economy over the next five years. This investment would be directed towards creating new jobs, supporting existing businesses, and funding innovation in various sectors. The company also revealed plans to build a new campus in North Carolina that would employ 3,000 people and focus on the development of advanced technologies.
3. Apple ordered to allow alternative payment systems on its App Store
In September 2021, a US judge ruled that Apple must allow developers to use alternative payment systems on its App Store. This ruling was in response to a lawsuit that had been filed by Epic Games, the creators of the popular game Fortnite. Apple had been accused of locking developers into using its payment system and charging a commission of up to 30% on all transactions.
4. Apple announces new privacy features for iOS 15
Apple announced in June 2021 that it would introduce new privacy features for iPhone users with the release of iOS 15. These features included the ability to hide your IP address, prevent tracking by email senders, and generate unique email addresses for different services. The move was seen as a response to growing concerns over data privacy and security.
5. Apple unveils new AirPods and MacBook Pro
In October 2021, Apple announced the release of new AirPods and MacBook Pro models. The new AirPods were designed to deliver high-quality audio performance, while the MacBook Pro boasted a faster processor and longer battery life. These releases were seen as attempts by Apple to maintain its dominance in the competitive consumer technology market.
In conclusion, Apple remains a key player in the global technology industry, and its business news is always worth following. From record-breaking revenue to new product releases, the company continues to innovate and push the boundaries of what is possible with technology. With its focus on privacy, innovation, and investment in the US economy, Apple remains one of the most exciting companies to watch in the years to come.
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