PANews, citing Bloomberg, reported that Apple has lowered the daily budget cap for some engineers using AI models from 300 USD to 200 USD, and plans to further reduce some teams' caps to 100 USD. Apple declined to comment.
PANews publishes an Apple earnings preview, stating that Apple's performance this quarter may meet or slightly exceed expectations, but next-quarter guidance may fall short of market expectations.
PANews cited Jintong Finance as reporting that Apple CEO John Ternus defended the company’s AI strategy, saying it would use AI, but would not launch products solely for the sake of AI.
BlockBeats cited BIT stock platform data as saying that Apple's market capitalization at Friday's close was 5030000000000 USD, surpassing Nvidia's 4930000000000 USD, and returning to the position of the world's most valuable publicly listed company.
PANews, citing Apple's official press release, reported that Apple has released a new PROLED XDR display with touch support for the first time, and MacBook Pro announced U.S. starting prices and November 6 delivery arrangements.
Reports say that Russia has added Apple and Microsoft to the relevant register, requiring the two companies to store user data for 3 years and provide it when requested by security authorities. Refusal to cooperate could result in fines and blocking in Russia.
Ahead of Apple's earnings report, Monness Crespi Hardt analyst Brian White raised the price target from 335 USD to 355 USD, while maintaining a Buy rating.
South Korean regulators found that, while Apple and Google nominally allow third-party payments, their fees are too high and they delay app reviews, fining them respectively 15500000 USD and 32000000 USD. The companies must allow external payment links within apps and improve their review processes.
Saxo Bank’s analysis states that Apple will November 2 release its earnings report after the U.S. stock market closes, with the options market expecting the stock price to move by approximately 4.3%, above the average move on the day after historical earnings reports.
The Korea Communications Commission determined that Google and Apple violated the Telecommunications Business Act and imposed fines of 42900000000 KRW and 20810000000 KRW, respectively, while requiring both companies to rectify their business procedures.