Apple’s plans to catch up to rivals in generative AI and revive sagging sales in the Chinese smartphone market will be in focus on Thursday, when the Mac maker is expected to report its biggest quarterly revenue decline in more than a year. Yuvraj Malik for Reuters: ‎ Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling more than 10% year to date as fears mount about its slow roll out of AI services and as a resurgent Huawei takes market share in China. Analysts on average see iPhone sales, which account for about half of Apple’s revenue, falling 10.4% in the first three months of 2024, according to…
Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the world’s most valuable company’s shares jumped more than 4% in extended trade. Yuvraj Malik, Anna Tong, and Stephen Nellis for Reuters: ‎ The rise in Microsoft shares after the bell lifted the company’s stock market value by $128 billion as profit and revenue growth overshadowed its higher-than-expected capital expenditures. “Microsoft’s AI-powered earnings demonstrate that doubling down on innovation is paying off,” said Jeremy Goldman, senior director of briefings at Emarketer, pointing to the company’s early moves in generative AI, such as its large investment in ChatGPT maker OpenAI. Microsoft revenue rose 17% to $61.9…
Microsoft today introduced a version of OneNote that is designed to run on the Apple Vision Pro headset. OneNote for Vision Pro was created for visionOS, and it includes many of the features that are available on OneNote for iPad. The app can be used to write memos, notes, and digital notebooks, and there are options to sync content to OneDrive for access across multiple platforms. There is support for tags like Important and To Do, and notes can be protected with a password. OneNote on Vision Pro works hands-free or with a connected keyboard and mouse. In the future, Microsoft plans to add support for Copilot, two-factor authentication, and inserting images from the camera or the Photos app. OneNote…
On April 16, 2009, Apple hit back following a Microsoft ad that criticized Cupertino for failing to sell decent laptops for less than $1,000. (via Cult of Mac - Apple news, rumors, reviews and how-tos)
Microsoft will advertise that its upcoming Windows laptops with Qualcomm's Snapdragon X Elite processor are faster than the MacBook Air with Apple's latest M3 chip, according to internal documents obtained by The Verge. "Microsoft is so confident in these new Qualcomm chips that it's planning a number of demos that will show how these processors will be faster than an M3 MacBook Air for CPU tasks, AI acceleration, and even app emulation," the report says. Microsoft believes its laptops will offer "faster app emulation" than Apple's Rosetta 2. Introduced in October, the Snapdragon X Elite has Arm-based architecture like Apple silicon. Qualcomm last year claimed that the processor achieved 21% faster multi-core CPU performance than the M3 chip, based on…
On April 5, 2006, Apple released the Boot Camp public beta. The software let users with Intel-based Macs run Windows XP on their machines. (via Cult of Mac - Apple news, rumors, reviews and how-tos)
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