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苹果公司Bowen Zhang加盟Meta的Superintelligence团队。
news flash· 2025-07-29 17:10
苹果公司Bowen Zhang加盟Meta的Superintelligence团队。 ...
Apple to Open Manufacturing Academy in Detroit, but Don't Expect a US iPhone in the Near Future
CNET· 2025-07-29 15:51
Core Insights - The article focuses on the expertise of Tiffany Wendeln Connors in personal finance and credit cards, highlighting her background and passion for helping individuals make informed financial decisions [1] Group 1 - Tiffany Connors is a senior editor for CNET Money, specializing in credit cards [1] - She has previously covered personal finance topics at The Penny Hoarder [1] - Connors graduated from Bowling Green State University with a degree in journalism [1] Group 2 - She has experience writing and editing for various publications, including the New York Post and Women's Running magazine [1] - Outside of work, Connors enjoys life in St. Petersburg, Florida, with her family and dog [1]
Apple shutters store in China for first time ever as struggles mount in second-largest market
New York Post· 2025-07-29 15:15
Core Insights - Apple is closing its first store in China, located in Dalian's Parkland Mall, due to struggles in the Chinese smartphone market [1][2] - The closure is part of a broader trend of declining consumer spending in China, affecting various retailers including luxury brands [2] - Apple has reported a significant decline in sales in China, with a total revenue of $66.95 billion last year, down nearly 10% from its peak [5] Group 1: Store Closure and Market Conditions - The closure of the Dalian store marks Apple's first shutdown in China since 2008 [1] - The Parkland Mall has seen several retailers exit, prompting Apple's decision to close its store [2] - The Chinese government has initiated stimulus programs to boost spending on smartphones and electric vehicles [3] Group 2: Sales Performance and Competition - Apple has experienced a sales decline in China for six consecutive quarters, with a 25% drop in the final quarter of the last year [3][5][6] - The company's market share in China fell to 15.5% last year, down from 17.9% the previous year, due to increased competition from local brands like Huawei, Xiaomi, and Vivo [8] - Despite the closure, Apple plans to open a new store in Shenzhen and maintain its other store in Dalian, expecting to end the year with 58 stores in China [8][9]
Cash App opens up to Apple Pay and Google Pay for the first time
CNBC· 2025-07-29 13:24
Core Insights - Cash App has launched a new feature called Pools, aimed at simplifying group payments and enhancing peer-to-peer payment capabilities [1][3] - The feature allows users to create a shared balance for group payments, enabling contributions from both Cash App users and those using Apple Pay or Google Pay [2][3] - This launch is part of Cash App's strategy to regain market share against competitors like Venmo, which has shown significant revenue growth recently [4][5] Company Strategy - The introduction of Pools marks a strategic reset for Block, as the company aims to refocus on growing Cash App's user base after disappointing first-quarter results [6] - The company views each non-user contributing to a pool as a potential new user, emphasizing network expansion and virality of peer-to-peer products [8][11] - The development of Pools reflects a cultural shift within Block, characterized by rapid development and a focus on core functionalities [9][10] Market Context - Venmo has reported over 20% year-over-year revenue growth, indicating strong competition in the peer-to-peer payment space [4][5] - Cash App's CEO has acknowledged the need to enhance peer-to-peer engagement as a foundation for the app's success, despite expanding into banking and lending products [11][12] - The Pools feature is currently available to a limited number of users, with plans for broader rollout in the coming months [13]
Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.
CNBC· 2025-07-29 13:00
Core Points - Apple is launching a manufacturing program in Detroit to respond to pressure from President Trump to create more jobs in the U.S. [1][4] - The Apple Manufacturing Academy, managed by Michigan State University, will provide workshops on manufacturing and artificial intelligence for small and medium-sized businesses starting in August [2][5] - Apple aims to train the next generation of U.S. manufacturers, with participation from Apple engineers in the workshops [2][3] Investment and Operations - The announcement is part of Apple's broader strategy to emphasize its U.S. investments, including a commitment to spend over $500 billion in the U.S. over the next five years [5] - Apple plans to assemble AI servers in Houston and source chips from a TSMC factory in Arizona as part of its investment strategy [5] Political Context - The initiative is seen as a response to Trump's calls for Apple to move iPhone production to the U.S., despite the challenges and costs associated with such a move [4][6] - Trump has expressed dissatisfaction with Apple's production expansion in India, indicating a desire for more domestic manufacturing [6][7] Educational Initiatives - Apple operates a similar program focused on software development, with 18 developer academies globally, and the only U.S. academy located in Detroit [8] - The manufacturing academy will also offer consulting services to small businesses and some courses virtually later this year [9]
Rare earths are China's bargaining chip in the trade war — the U.S. is trying to fix that
CNBC· 2025-07-29 12:00
Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. They're also the most important bargaining chip in the U.S. and China trade war. That's because these rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers and high-tech consumer electronics. The United States used to be an industry leader of rare earth production, but for the last several decades, the U.S. and the rest of the world h ...
Apple Marks First-Ever Chinese Store Closure as Sales Fall
PYMNTS.com· 2025-07-29 10:57
Group 1 - Apple is closing its store at Parkland Mall in Dalian City, marking the first store closure in China due to a changing retail landscape [2][3] - The company operates around 56 stores in the greater China region, which constitutes over 10% of its total global retail locations [2] - Apple reported a 2.3% decline in sales in China, totaling $16 billion in the second quarter, which was slightly below analyst expectations [4] Group 2 - China's overall smartphone market has seen a decline, with shipments dropping 4% to 69 million units in the second quarter after six consecutive quarters of growth [4] - Local competitors, particularly Huawei, have gained popularity, with Apple's iPhone ranking fifth in the market, although the company has managed to narrow its decline [5] - The pressures faced by Apple in China are part of a broader crisis as competitors advance in the artificial intelligence sector [5][7]
Apple Q2 2025 Earnings Preview: iPhone Expectations Continue To Move Lower
Seeking Alpha· 2025-07-29 09:15
Core Insights - IHS Markit is a global leader in critical information, analytics, and solutions for major industries and markets that drive economies worldwide [1] - The company serves over 50,000 key business and government customers, including 80% of the Fortune Global 500 and leading financial institutions [1] - IHS Markit is headquartered in London and is committed to sustainable, profitable growth [1] Company Overview - IHS Markit provides next-generation information, analytics, and solutions aimed at improving operational efficiency for its customers in business, finance, and government [1] - The company focuses on delivering deep insights that enable well-informed and confident decision-making [1]
Thinking of Buying Apple Stock? You Need to Hear What Google's CEO Just Said.
The Motley Fool· 2025-07-29 08:42
Google CEO Sundar Pichai's comments about AI glasses are especially relevant to Apple's future. Apple (AAPL 0.04%) is scheduled to announce its fiscal year 2025 third-quarter results on Thursday, after the market closes. Investors will almost certainly focus more on what management says during the earnings call than they do the Q2 results themselves. But if you're thinking about buying Apple stock, there's another earnings call to which you might want to pay attention. Google parent Alphabet (GOOG -0.32%) ( ...