Last month, Bloomberg’s Mark Gurman reported that Apple in the early stages of developing an Apple Silicon version of the iMac with a screen larger than 30 inches. In this week’s version of his Power On newsletter, Gurman offers a couple more tidbits on the timeline for this machine, saying that it would be released in late 2024 at the earliest. more… The post Apple’s 32-inch iMac not expected until late 2024 at the earliest, but does it even need to exist? appeared first on 9to5Mac.

Beleaguered Samsung Electronics, peddler of pretend iPhones, reported a disastrous 96% plunge in second-quarter operating profit on Friday as the South Korean dishwasher maker estimated its operating profit fell to 600 billion won ($459 million) in April to June, from 14.1 trillion won a year earlier in a brief preliminary earnings statement. Samsung’s Vice Chairman Lee Jae-yong was sentenced to 2.5 years in prison for bribery in January 2021 Reuters: It would be Samsung’s lowest profit for any quarter since a 590 billion won profit in the first quarter of 2009, according to company data. Shares in Samsung fell 1.4% in early morning trade, underperforming a 0.6% drop in the wider market. Samsung is due to release detailed earnings on…

Some €14.3B ($15.5B) has been sitting in an Apple Irish tax escrow account, while we await for a final ruling on whether or not the sum has to be paid. But it’s reported that the fund has lost almost a billion euros (or dollars) since it was established back in 2018. The current value of the fund – which will either be handed over to the Irish government, or returned to Apple – is said to have fallen to €13.4B ($14.6B) … more… The post Apple Irish tax account has lost almost a billion dollars while awaiting a ruling appeared first on 9to5Mac.

Earlier this year, JustWatch reported market share numbers for streaming platforms in the US during Q1 2023. Now the research company is back with updated numbers for Q2 2023, and while Warner’s now Max grew a little bit, most other platforms like Apple TV+ remained in the same place as before. more… The post Warner’s Max overtakes Disney+ in the US while Apple TV+ remains in the same place appeared first on 9to5Mac.

Apple Studios has revealed a first-look image from Brad Pitt’s hotly anticipated Formula One feature. The drama is produced by Jerry Bruckheimer Films, Pitt’s Plan B Entertainment and seven-time F1 champion Sir Lewis Hamilton’s Dawn Apollo Films banner. Abid Rahman for The Hollywood Reporter: The untitled film, which also features Snowfall star Damson Idris in a lead role, is set in the world of elite motor racing. Pitt stars as a former F1 driver who returns to race for the fictional APXGP team, a middling outfit, alongside Idris’ character. In June 2022, The Hollywood Reporter revealed that the deal for Apple’s F1 feature was a potential game-changer in Hollywood. The unique deal, which calls for a wide theatrical release with…

Macworld Apple’s plan to launch a new Apple Watch Ultra model with a microLED display has taken another knock. It’s been reported this week that the device has hit manufacturing problems and is now unlikely to launch until 2026. This isn’t the first setback to afflict the microLED Ultra. When it was first rumored (as recently as January), pundits predicted that the device would appear at the end of 2024. But by April (based on a subscribers-only tweet from reliable displays expert Ross Young) this had been pushed back to 2025. Now research company TrendForce (via Korean-language site The Elec) says it won’t be here until the first quarter of 2026 at the earliest. In other words, within the space…