TECHNOLOGY

The highly anticipated debut of the Apple iPhone 16 is likely a few months away. Traditionally, iPhones are unveiled in mid-September, and new estimates from Bloomberg suggest that the new AI features could spark a robust smartphone upgrade cycle for the world's most valuable company. 

A person familiar with internal Apple projections and talks with suppliers and partners indicates that the company is forecasting a 10% growth in iPhone shipments compared to their predecessors, (more…)

The world's most valuable company saw its smartphone market share in China shrink in May, even after "deep" discounting, according to UBS analysts citing Counterpoint Research. Apple is also struggling in the US market. 

UBS analyst David Vogt wrote that Apple's iPhone sales have lost market share despite heavy discounting in China. In May, iPhone "sell-through" declined by 2% year-over-year (YoY), marking the fifth consecutive monthly decline. (more…)

French antitrust regulators are reportedly preparing to charge Nvidia for allegedly anti-competitive practices, people with direct knowledge of the matter told Reuters, making it the first enforcer to do so.

The so-called statement of objections by the French regulators comes after dawn raids in the graphics cards sector in September last year which sources said targeted Nvidia.

The initial reaction was a selloff in NVDA stock but it has bounced back somewhat… (more…)