Mizuho

Apple plans to cut production of the iPhone Air amid underwhelming sales performance, Japan's Mizuho Securities believes (via The Elec). The Japanese investment banking and securities firm claims that the iPhone 17 Pro and ‌iPhone 17 Pro‌ Max are seeing higher sales than their predecessors during the same period last year, while the standard iPhone 17 is a major success, performing...

The launch of Apple's first foldable iPhone could be delayed to 2027, according to Japan's Mizuho Securities (via The Elec). The investment banking and securities firm suggested that a potential postponement could be due to Apple taking longer to decide on key design elements such as the hinge. The device is expected to feature a 7.58-inch inner display and a 5.38-inch outer display. The...

Apple shares are currently trading for around $143 after Monday's opening bell, around 3.5 percent lower than Friday's closing price of $148.98. Apple CEO Tim Cook at the company's Worldwide Developers Conference last week Apple's stock has dropped around 8 percent since reaching an all-time high of $156.10 on May 12, amid a wider downturn in the stock market. Technology stocks have been hit...