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European chip makers see stocks tumble after Apple’s disappointing revenue forecast

Following Tim Cook’s letter to investors warning them of poor Q4 iPhone sales, Apple’s major suppliers have been hit hard, especially those in Europe. A number of European chip makers have seen stocks tumble overnight. CNBC reports that Austrian chipmaker AMS saw share fall by 19%, while Swiss firm STMicroelectronics …

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Apple blames China for major iPhone sales slump

Apple chief Tim Cook has released a letter to investors blaming economic weakness, amongst other things, for lower revenues than previously estimated. The iPhone maker anticipated revenue of about $84bn (£67bn) for the three months to 29th December. This follows the November forecast of sales of at least $89bn – …

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Oxford startup hub to be opened by Apple’s Tim Cook

A designated hub for startups is set to be opened by Apple’s CEO Tim Cook at Oxford University. Cook will participate in a question and answer session at the site following its unveiling later today, according to the Financial Times. The Foundry will be a dedicated facility used for the …

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Three lessons and three questions from Apple’s WWDC conference

Apple had a whole host of announcements in its WWDC press conference yesterday but what did we learn and what are we still left wondering about from Tim Cook and co.? Jonathan Easton breaks down what happened and where Apple stands going forward. Apple acknowledges its spec shortcomings While the …

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Would a less secure iPhone OS really be ‘bad for America’, or just bad for Apple?

PCR editor Dominic Sacco shares his views on the high-profile battle between the FBI and Apple. Yesterday, Tim Cook told ABC News that the protection of people’s data is incredibly important. "So the trade off here is, we know that doing this could expose people to incredible vulnerabilities. This is not …

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