A big concern hanging over Apple (AAPL) stock is whether the company can continue to grow iPhone unit sales after the huge success of last year’s iPhone 6 series. Morgan Stanley analyst Katy Huberty has soured on prospects for iPhone growth next year. In a report Monday, she forecast iPhone unit sales to decline 3% in calendar 2016. Just two months ago, Huberty had boosted her estimate for iPhone unit sales growth next year to 7% from 3%. Citing
For China’s “robolution” to succeed, companies such as Apple (AAPL) iPhone supplier Foxconn Technology must make it happen. Both Taiwan-headquartered Foxconn and China face big challenges in replacing human workers with robots. Why automate? Amid Apple’s effort to utilize more contract manufacturers, Foxconn needs robots to improve productivity and address concerns over harsh working conditions for its human employees. China, meanwhile, is losing
Apple (AAPL) is known for the elegant design of its products, but the company’s awkward-looking iPhone battery case with the Quasimodo hump is drawing ridicule. In an interview with Mashable, Apple CEO Tim Cook defended the design of the new battery case. He also took offense at calling the raised battery pack in back a “hump.” “I probably wouldn’t call it ‘the hump,'” Cook said, adding that he was aware of such comments about the Smart Battery