Samsung Display and LG Display are investing billions into MacBook and iPad OLED screens, but declining Mac sales raise profitability concerns.Samsung and LG are hesitant to invest in Gen 8 OLEDThe two companies want to dominate the market for medium-sized OLED panels by constructing new production lines for advanced displays. Rumors suggest they could be used to manufacture OLED displays for the iPad in 2024 and the MacBook in 2026. Read more...

Samsung Display and LG Display are investing billions into MacBook and iPad OLED screens, but declining Mac sales raise profitability concerns.Samsung and LG are hesitant to invest in Gen 8 OLEDThe two companies want to dominate the market for medium-sized OLED panels by constructing new production lines for advanced displays. Rumors suggest they could be used to manufacture OLED displays for the iPad in 2024 and the MacBook in 2026. Read more...

Apple plans to transition Macs and iPads to OLED displays over the next few years, but a new report out of Korea claims panel suppliers are holding back key investment in next-gen OLED production lines over rising concerns about slumping Mac sales. Apple will launch its first OLED iPads next year and South Korean panel makers intend to use their existing Gen 6 OLED lines to cover Apple's 2024 supply needs. But for iPads and MacBooks after that, Samsung Display and LG Display plan to build Gen 8 production lines, which yield more OLED panels per substrate than Gen 6 lines and are more cost effective. However, according to The Elec, the two panel makers have yet to place orders…

Tom Forte, DA Davidson managing director and senior research analyst, joins CNBC’s “Squawk on the Street” to discuss the most important reason for Forte’s Apple upgrade, iPhone strength in reopening China, if iPhone will continue taking share from Android, and much more. Apple last week announced financial results for its fiscal 2023 second quarter ended April 1, 2023. The Company posted quarterly revenue of $94.8 billion, down 3 percent year over year, and quarterly earnings per diluted share of $1.52, unchanged year over year. “We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high,” said…

Users of Apple products are characterized by a variety of factors that contribute to their unique demographics and preferences. While it is important to note that not all Apple users share the same characteristics, here are some common traits often associated with Apple product users: (more…)

Warren Buffett’s investment in Apple stock has in recent years become far and away the most prominent holding in Berkshire Hathaway’s $360 billion equity portfolio. Warren Buffett addresses shareholders at the annual meeting of his Berkshire Hathaway Inc. during webcast in Omaha, Nebraska May 2, 2020 (video still via Yahoo Finance) Josh Schafer for Yahoo Finance: Berkshire first bought the stock in 2016, and since then Apple has grown to a $110 billion position comprising roughly 40% of Berkshire’s stock holdings. Berkshire owns just under 6% of Apple. The rapid growth has positioned the largest US public company as a fixture in Berkshire Hathaway’s annual shareholder letters and Buffett’s comments during annual meetings. At Berkshire’s annual shareholders meeting on Saturday,…