Apple music now has 60 Million paid subscribers
Apple Executive Eddy Cue confirmed the number in a French business publication. According to the company, Beats 1 also has "tens of millions of users." Apple Music has shown steady growth since its launch in 2015. The subscription service hit 40 million paid users just over a year ago.
Apple chief designer Jony Ive to leave and start own business
Jony Ive helped bring Apple back from the brink of collapse in the 1990s. He was a close confidant of Apple co-founder Steve Jobs and the lead designer for various key projects, most notably the iPhone.
Apple said to mull shifting 15-30% of output from China
Apple is asking major suppliers to evaluate the cost implications of shifting 15% to 30% of production capacity from China to Southeast Asia, Nikkei reports. Meanwhile, A group of chief executive officers of American corporations are set to meet with Chinese Premier Li Keqiang this week as the simmering trade war ensnares companies from both countries, sources say.
Apple unveils latest gadgets at the Worldwide Developer's Conference
Apple has unveiled its latest gadgets at the annual Worldwide Developer's Conference in San Jose, California. Apart from major improvements, here are a few more things to know.
Huawei Founder Ren Calls Apple His Teacher
Huawei is pushing back against talk that China could target Apple in the trade war, saying there is much to learn from its American rival after overtaking it to become the world's second largest smartphone maker earlier this year. Founder Ren Zhengfei told us why he still considers Apple to be his teacher. He spoke exclusively to Bloomberg's Tom Mackenzie at Huawei's headquarters in Shenzhen.
Supreme Court rules against Apple to allow Antitrust suit
Bloomberg's Jennifer Rie and James Keyte, Brattle Group director of global development, discuss the Supreme Court decision to allow an antitrust suit against Apple to move forward.
Spotify beats forecasts, hits 100 million premium subscribers
Music streaming service Spotify hit 100 million subscribers to its premium streaming service in the first quarter, more than double the number of nearest rival Apple.
Apple, Qualcomm battle continues in U.S. federal court
A federal jury in San Diego will decide if Qualcomm Inc. engaged in illegal patent licensing practices and whether Apple Inc. had the right to stop paying royalties for it.
India iPhone production might be a China hedge: O'Donnell
Bob O'Donnell, Technalysis Research president, discusses the implications of Foxconn Technology Group's plan to mass produce Apple's iPhone in India this year. He speaks on "What'd You Miss?"
Disney’s Iger: We feel confident people will sign up in droves for Disney+
Bob Iger, chairman and chief executive officer at Walt Disney, discusses the details of the company’s new streaming service, how they’re going to bundle channels, their partnerships, staying on the Apple board, his outlook for earnings, Disney content overseas, the Star Wars brand, the acquisition of the Fox assets, where he sees the company in 5 years and the company’s focus on original content.