Bloomberg's Mark Gurman has confirmed that Apple is nearing the introduction of what appears to be a refreshed Mac Studio model, indicating that it could be announced at WWDC next week. On Twitter, Gurman explained that the new Mac in question is codenamed "J475." The current ‌Mac Studio‌ is codenamed "J375," suggesting that the new machine is indeed a next-generation ‌Mac Studio‌ model. Earlier this week, Gurman reported that Apple is testing two desktop Macs equipped with the M2 Max and ‌‌M2‌‌ Ultra chips. The ‌M2‌ Max was released in January upon the launch of the latest 14- and 16-inch MacBook Pro models, but the ‌M2‌ Ultra chip is new and would succeed the M1 Ultra chip that Apple uses…

Apple will begin accepting trade-ins of three new Mac models on June 5, the day of Apple's WWDC 2023 keynote event, according to Bloomberg's Mark Gurman. In a tweet shared earlier today, Gurman said that the Mac Studio, 13-inch M2 MacBook Air, and 13-inch ‌M2‌ MacBook Pro, will become eligible for trade-in with Apple on Monday, June 5. Gurman is expecting new Mac hardware to be unveiled during Apple's keynote on June 5, including an all-new 15-inch MacBook Air model. "Read into that as you will," he added. Apple introduced the ‌Mac Studio‌ in May 2022, offering M1 Max and M1 Ultra chip configurations. Despite the launch of a range of Macs with the ‌M2‌, ‌M2‌ Pro, and ‌M2‌ Max…

Alongside the iOS 16.5, iPadOS 16.5, tvOS 16.5, and macOS Ventura 13.4 updates, Apple has released new 16.5 software created for the HomePod and HomePod mini. According to Apple's release notes, the update adds stability and performance improvements to the ‌HomePod‌. ‌‌‌‌‌‌HomePod‌‌‌‌‌‌‌ software is installed automatically on the ‌‌‌‌‌‌‌HomePod‌‌‌ unless the feature is disabled‌‌‌‌, but the ‌‌‌‌‌‌‌HomePod‌‌‌‌‌‌‌ can also be manually updated in the Home app by following the instructions in our HomePod‌‌ update how to.Related Roundups: HomePod mini, HomePodBuyer's Guide: HomePod Mini (Neutral), HomePod (Buy Now)Related Forum: HomePod, HomeKit, CarPlay, Home & Auto TechnologyThis article, "Apple Releases HomePod 16.5 Software" first appeared on MacRumors.comDiscuss this article in our forums

Apple has a problem that most of us would love: It has too much cash. For AAPL investors, that means massive buybacks and healthy dividends for years to come. Apple’s operating cash flow totaled $28.6 billion in its latest fiscal second quarter (ended April 1, 2023) during which the company spent $19.1 billion buying back 129 million AAPL shares and paid out $3.7 billion in dividends to investors. Sandy Ward for Morningstar: On the one hand, it’s good to be cash-rich because it gives a company plenty of flexibility to manage its businesses in the best of times by investing in innovation and staying competitive… On the other hand, having an ever-growing pile of cash on a company’s balance sheet,…

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…

Apple today began selling the second-generation HomePod and the HomePod mini in Denmark, after launching the speakers in Singapore last month. Apple had discontinued the full-size HomePod in 2021, but the company introduced a second-generation model in January. The new HomePod features a similar design as the original smart speaker, with a larger backlit touch surface and a few other improvements. Despite having two fewer tweeters, reviews found the new HomePod sounds virtually the same as the original, but Siri still has shortcomings compared to other virtual assistants. The smaller HomePod mini was introduced in 2020 and has not received any hardware changes since beyond new color options. The launch of the HomePod mini in Denmark today likely rules out…