Apple has been working of Artificial Intelligence and Machine Learning for decades, but Apple-watcher Ben Bajarin believes that Apple is more cautious about publicly touting its own AI prowess in light of the recent controversies surrounding Microsoft’s Bing AI and Google’s Bard ChatGPT competitor. Apple M2 Pro Neural Engine Ben Bajarin for Fast Company: Apple’s largest computing-platform competitors—Microsoft and Google—have been showing their cards around their bets in generative AI. We can assume that, beyond their current applications, they will likely add AI to their Windows and Android operating systems. How Apple might compete is an open question. But Apple has some core differentiators when it comes to anything it does in AI, including generative AI. • SILICON • PRIVACY • DEVELOPERS…

The US smartphone market remained tough for manufacturers in the first calendar quarter of 2023, but Apple's market share grew as Android users moved to iOS.iPhone shipments fell but Apple's market share grew anywayOnce again, Apple was the only company to see growth during a smartphone market contraction. As a result, it took the top place for global smartphone market share, and it also grew in the US, according to Counterpoint Research. Read more...

The US smartphone market remained tough for manufacturers in the first calendar quarter of 2023, but Apple's market share grew as Android users moved to iOS.iPhone shipments fell but Apple's market share grew anywayOnce again, Apple was the only company to see growth during a smartphone market contraction. As a result, it took the top place for global smartphone market share, and it also grew in the US, according to Counterpoint Research. Read more...

Apple on Monday failed to convince a U.S. appeals court that security startup Corellium infringed its copyrights by simulating its iOS operating system to help researchers find security flaws in Apple devices. Apple’s iOS 16 Blake Brittain for Reuters: The 11th U.S. Circuit Court of Appeals said Corellium lawfully recreated Apple’s system under the U.S. copyright doctrine of fair use, furthering scientific progress by aiding important security research. Florida-based Corellium’s software allows users to run iOS on non-Apple devices and inspect and modify the operating system in ways that allow security researchers to search for vulnerabilities more effectively. Apple sued Corellium for copyright infringement in South Florida federal court in 2019. Apple unsuccessfully tried to buy Corellium for nearly $23…

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 once again beat analysts’ consensus expectations on Thursday, showing off the world’s most valuable company’s resilience in a slowing global economy thanks to stronger-than-expected iPhone sales and notable inroads in India and other emerging markets. Stephen Nellis for Reuters: Apple executives on Thursday said gross profit margins for the current quarter would be better than forecast despite an expected dip in revenue as supply-chain issues have improved. Apple said sales for its fiscal second quarter ended April 1 fell 2.5% to $94.8 billion, ahead of expectations for a 4.4% decline, according to Refinitiv data. Profit was flat at $1.52 per share, compared with estimates of $1.43 per share. iPhone sales were up 1.5% to $51.3 billion, besting expectations for…