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news/AAPL/2023.01.02/China state media plays down severity of COVID wave before WHO meeting.txt

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+China's abrupt U-turn on COVID controls on Dec. 7, as well as the accuracy of its case and mortality data, have come under increasing scrutiny at home and overseas and prompted some countries to impose travel curbs.The policy shift followed protests over the "zero COVID" approach championed by President Xi Jinping, marking the strongest show of public defiance in his decade-old presidency and coinciding with the slowest growth in China in nearly half a century.As the virus spreads unchecked, funeral parlours report a spike in demand for their services and international health experts predict at least one million deaths in the world's most populous country this year.China reported three new COVID deaths for Monday, up from one for Sunday. Its official death toll since the pandemic began now stands at 5,253.In an article on Tuesday, People's Daily, the official newspaper of the Communist Party, cited several Chinese experts as saying the illness caused by the virus was relatively mild for most people."Severe and critical illnesses account for 3% to 4% of infected patients currently admitted to designated hospitals in Beijing," Tong Zhaohui, Vice President of Beijing Chaoyang Hospital, told the newspaper.Kang Yan, head of West China Tianfu Hospital of Sichuan University, said that in the past three weeks, a total of 46 critically ill patients have been admitted to intensive care units, accounting for about 1% of symptomatic infections.More than 80% of those living in the southwestern Sichuan province have been infected, local health authorities said.The World Health Organization on Friday urged China's health officials to regularly share specific and real-time information on the COVID situation.The agency has invited Chinese scientists to present detailed data on viral sequencing at a meeting of a technical advisory group scheduled for Tuesday. It has also asked China to share data on hospitalizations, deaths and vaccinations.The European Union has offered free COVID vaccines to China to help contain the outbreak, the Financial Times reported on Tuesday.EU government health officials will hold talks on Wednesday on a coordinated response to China's outbreak, the Swedish EU presidency said on Monday. The United States, France, Australia, India and others will require mandatory COVID tests on travellers from China, while Belgium said it will test wastewater from planes from China for new COVID variants.China has rejected criticism of its COVID data and said any new mutations may be more infectious but less harmful."According to the political logic of some people in Europe and the United States, whether China opens or does not open is equally the wrong thing to do," state-run CCTV said in a commentary late on Monday.ECONOMIC CONCERNSAs Chinese workers and shoppers are falling ill, concerns mount about growth prospects in the world's second-largest economy, weighing on Asian stocks.Data on Tuesday showed China's factory activity shrank at a sharper pace in December as the COVID wave disrupted production and hurt demand.December shipments from Foxconn's Zhengzhou iPhone plant, disrupted late last year by a COVID outbreak that prompted worker departures and unrest, were 90% of the firm's initial plans, a source with direct knowledge of the matter said. A "bushfire" of infections in China in coming months is likely to hurt its economy this year and drag on global growth, said the head of the International Monetary Fund, Kristalina Georgieva."China is entering the most dangerous weeks of the pandemic," warned analysts at Capital Economics."The authorities are making almost no efforts now to slow the spread of infections and, with the migration ahead of Lunar New Year getting started, any parts of the country not currently in a major COVID wave will be soon."Mobility data suggested that economic activity was depressed nationwide and would likely remain so until the infection wave began to subside, they added.China's Ministry of Culture and Tourism said the domestic tourism market saw 52.71 million trips during the New Year holiday, flat year-on-year and only 43% of the 2019 levels, before the pandemic.The revenue generated was over 26.52 billion yuan ($3.84 billion), up 4% year-on-year but only about 35% of the revenue created in 2019, the ministry said.Expectations are higher for China's biggest holiday, the Lunar New Year, later this month, when some experts expect daily COVID cases to have already peaked in many parts of the country. Some hotels in the southern tourist resort of Sanya are fully booked for the period, Chinese media reported. (Reporting by Beijing and Shanghai bureaus; Writing by Marius Zaharia; Editing by Raju Gopalakrishnan)By Bernard Orr

news/AAPL/2023.01.02/Foxconn Zhengzhou plant's Dec shipments hit 90% of original target - source.txt

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+Foxconn declined to comment. The world's largest iPhone manufacturing facility was hit late last year by a COVID-19 outbreak that prompted worker departures and unrest as well as production disruptions.  (Reporting by Yimou Lee in Taipei, Writing by Brenda Goh; Editing by Christian Schmollinger)

news/AAPL/2023.01.02/Foxconn's COVID-hit China plant close to resuming full production -sources.txt

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+TAIPEI, Jan 3 (Reuters) - Foxconn's COVID-hit iPhone
+plant in China's Zhengzhou city is almost back to full
+production, with its December shipments reaching about 90% of
+initial plans, two people with direct knowledge of the matter
+said.Foxconn, formally Hon Hai Precision Industry Co Ltd
+, declined to comment.Production at the world's largest manufacturing facility of
+Apple Inc's iPhones was heavily affected late last year
+after a COVID-19 outbreak and curbs taken to control the virus
+prompted thousands of workers to leave. It was also hit by a
+bout of worker unrest over payment issues.Foxconn has been offering bonuses to attract new workers and
+convince those still there to stay on. A company source told
+Reuters last month that it was aiming for the plant to resume
+full production around late December to early January."Production has almost fully resumed," said one of the
+people on Tuesday, who declined to be identified as the
+information was private.The second person said production was nearly back to normal
+but that company officials remained cautious over the outlook
+due to a spike of COVID-19 cases across China."We expect a peak for cases before or after the Lunar New
+Year holiday," the person said, referring to the week-long break
+that starts on Jan 21. "We don't know if that will cause any
+issues."On Saturday, the government-owned broadcaster of Henan
+province, where the plant is located, quoted an executive from
+the factory as saying that the plant's workforce was currently
+stable at 200,000 staff and that it had also stabilised its
+supply chain, enabling production capacity to recover.The plant is able to accommodate as many as 300,000 workers.The Zhengzhou plant's troubles highlighted the difficulties
+companies and workers had in adhering to China's zero-COVID-19
+policy.The central government in early December, after
+Foxconn's woes and a string of protests over the policy,
+abruptly dropped the policy to adopt a strategy of living with
+the virus. The move was greeted by widespread relief but has
+also precipitated a wave of infections across the country.
+(Reporting by Yimou Lee in Taipei; Writing by Brenda Goh;
+Editing by Christian Schmollinger and Christopher Cushing)

news/AAPL/2023.01.02/No Easy Way Out : The Challenges In Diversifying Your Supply Chain.txt

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+Increased tensions between the two largest economies, a recent war, and a pandemic have caused the economic and geopolitical world order to shift. These tensions have increased supply chain risks and caused companies to evaluate strategies that reduce reliance on certain regions. It is a tall task for any economy in the world, and especially for the US, which for example is reliant on China for over half a trillion dollars of imported goods in 2021.Apple Inc. is a highly visible example of the risk that companies assume by overrelying on non-localized production. That strategy will cost Apple an estimated 6 million units of lost iPhone sales in 2022 given recent factory shutdowns, and Apple is certainly not alone.Diversifying the supply chain comes with benefits, but is no easy task. It is frequently a costly endeavor, increasing the cost of goods and requiring significant investment. If it were more profitable and efficient, more companies would implement it. Below are some of the key areas to watch out for while reshoring production or diversifying your supplier base.1. Where are my suppliers' suppliers?Let's say Walmart wants to buy more US-manufactured stuffed animals. If the eyeballs, nose, fabric, and stuffing are all made in India, has Walmart reduced its reliance on India? The supply chain of a finished good is dependent on the production location of all its components and raw materials. Moving finished good production further away from component production frequently adds complexity and cost, even if closer to the end market.2. Is the global transportation and power infrastructure in place?China has tremendous rail and port infrastructure that enables it to efficiently move goods from the factory floor to the world. Other regions of the world don't possess the excess port and rail capacity required to efficiently absorb additional production. That doesn't mean you can't move your supply chain to those regions; it just becomes even more vital that your logistics team finds the right local partners that reliably operate in the area.Additionally, many parts of the globe are not able to supply the population centers that might be ideally suited for a factory with reliable electricity and gas. This adds risk of lost production. Significant investment is required to build a strong infrastructural ecosystem, and that investment usually requires government support.3. Can my organization manage a diversified supply chain?Companies have made significant investments into their organizations to build the technical know-how required to manage a single source supply chain—whether that be supplier quality or purchasing department. That organizational know-how would have to be duplicated in more regions.4. Can I find people to work in my factories?Labor shortages in the US have been well-documented. Finding skilled employees to fill up a factory in the US is a challenge. Fed Chair Jerome Powell recently mentioned many disruptive factors in the labor market such as pandemic deaths, early retirements, and lower immigration. Furthermore, labor is not as plentiful as you might assume in certain low-cost countries such as Vietnam and Mexico. Vietnam has a 2% unemployment rate and Mexico a 4% rate. If you want employees in these countries, be prepared to offer competitive wages or operate with greater efficiency using automation.5. Can I find space to build my factory?There is currently a 3% vacancy rate for industrial real estate in the United States, which is a historically low figure. If you want space, be prepared to outbid your competitors for an expensive lease or put on your hard hat. If you decide to invest in a new building, don't expect it soon due to global supply chain issues for building materials.6. Am I willing to absorb increased inventory?Companies that diversify their supply chain must financially and operationally be prepared to manage the complexity of more inventory piles around the globe.In conclusion, supplier diversification is beneficial to obtain control and maintain continuous supply, but it comes with huge investments, upskilling, and added costs in a competitive environment. It is crucial for companies to ensure people, processes, and systems are upgraded and a detailed actionable plan is in place when ready to execute.The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
+Mr Akshay Balachandran
+AlixPartners
+909 3rd Ave
+New York
+NY 10022
+UNITED STATES
+Fax: 2070987401
+E-mail: bokelly@alixpartners.com
+URL: www.alixpartners.com
+© Mondaq Ltd, 2023 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com, source Business Briefing

news/AAPL/2023.01.03/APPLE INC : Gets a Buy rating from JP Morgan.txt

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+In a research note published by Samik Chatterjee, JP Morgan advises its customers to buy the stock. The target price remains unchanged at USD 190.

news/AAPL/2023.01.03/Apple's market value falls below $2 trillion for the first time since 2021.txt

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+Apple was the first company to hit $3 trillion in market value on Jan. 3 last year.Exane BNP Paribas analyst Jerome Ramel downgraded Apple to "neutral" from "outperform" with a price target cut to $140 from $180, according to a report by thefly.com.  The iPhone maker's shares were down about 4% at $124.65.  (Reporting by Nivedita Balu in Bengaluru; Editing by Arun Koyyur)

news/AAPL/2023.01.03/Apple's stock market value falls below $2 trillion.txt

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+Jan 3 (Reuters) - Apple Inc's stock market
+value shrank sharply on Tuesday following its steep drop last
+year, leaving it below $2 trillion for the first time since
+March 2021.The sell-off came a year after the iPhone maker became the
+first company to reach the $3 trillion market capitalization
+milestone.Apple's shares declined 3.7% to $125.07 after Exane BNP
+Paribas analyst Jerome Ramel downgraded the company to "neutral"
+from "outperform," slashing his price target to $140 from $180,
+according to Refinitiv Eikon.Also exacerbating investors' worries that a slowing
+global economy and high inflation may be hurting demand for
+Apple devices, Nikkeireported, citing unnamed suppliers, that Apple has told suppliers to
+manufacture fewer parts for its ear buds, watches and laptops.The drop in Apple's share price put its market
+capitalization at $1.99 trillion.Ramel cut his iPhone shipment targets for fiscal 2023 to 224
+million units from 245 million units, reflecting supply chain
+issues from manufacturer Foxconn and consumers cutting back
+spending on high-end phones.At Apple's current stock price, the company's value is just
+ahead of Microsoft Corp, valued at about $1.8 trillion.With investors worried about consumer demand, analysts on
+average expect the Cupertino, California company to report a 1%
+drop in December-quarter revenue in the coming weeks, according
+to Refinitiv. That would mark Apple's first quarterly revenue
+decline since the March quarter of 2019."They (Apple) tend to skew to the high-end consumer device
+customer but even that demographic might be being affected by
+the high price of everything," Bokeh Capital Partners' Kim
+Forrest said.Last year's steep sell-off on Wall Street punished
+tech-related heavyweights as investors worried about rising
+interest rates dumped stocks with high valuations.The combined stock market value of Apple, Microsoft,
+Amazon.com Inc, Alphabet Inc and Meta
+Platforms now accounts for about 18% of the S&P 500,
+down from as much as 24% in 2020.Even after its 27% drop last year, Apple has provided
+stellar returns to long-term shareholders. Investors who bought
+and held Apple shares when cofounder Steve Jobs launched the
+iPhone in 2007 have enjoyed a gain of over 4,000%, not including
+dividends, compared to a 180% gain in the S&P 500 over the same
+period.(Reporting by Nivedita Balu in Bengaluru; Editing by Arun
+Koyyur and Richard Chang)

news/AAPL/2023.01.03/Asian equities rise, dollar sways as focus firmly on Fed minutes.txt

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+MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.91%, set for a third straight day of gains for the year. The index fell 20% in 2022. Japan's Nikkei lost 1.12% in early trade, while Australia's S&P/ASX 200 index rose 1.28%.Overnight, Wall Street's main indexes closed lower with the biggest drags from Tesla and Apple as U.S. equities make a slow start to the year after their steepest annual losses since 2008 in 2022. [.N] China's stocks opened flat, while Hong Kong's Hang Seng Index opened roughly 1% higher. Investors have pinned their hopes on a swift post-COVID era recovery in China after the country started dismantling strict curbs. "The market has made a pretty tentative start to the year ... (and) is still grappling with the notion of what we are going to see from the Fed this year," said Rob Carnell, head of ING's Asia-Pacific research."There are two camps out there and they are wrestling for dominance in terms of the view. Some days higher-for-longer wins some days higher-then-lower camp wins," Carnell said.Minutes from the Fed's December meeting, when it cautioned rates may need to remain higher for longer, are due to be released later on Wednesday.Investors will parse the minutes to figure out whether more policy tightening is likely.Markets are pricing in rate cuts for late 2023, with fed fund futures implying a range of 4.25% to 4.5% by December.Investors will get a better picture of the U.S. labour market this week, with several pieces of data scheduled in the week, culminating in the employment report on Friday. A weakening jobs market is seen as one of the key pieces needed to convince the Fed to begin slowing its monetary tightening path."It is too early to start betting on a Fed pivot this year and that should make this difficult environment for stocks," said Edward Moya, senior market analyst at Oanda in New York. In the currency market, the euro was up 0.14% to $1.0561 in early Asian hours, not far off its three-week lows of $1.0519 it touched overnight. A surprise slowdown in German inflation rallied bunds and sent the common currency sliding.The dollar index, which measures the greenback against six other currencies fell 0.162% after rising 1% overnight. Sterling was last trading at $1.1983, up 0.14% on the day. The pound fell 0.7% overnight.The yield on 10-year Treasury notes was down 5.7 basis points to 3.735%, while the yield on the 30-year Treasury bond was down 4.5 basis points to 3.846%. The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down 3.7 basis points at 4.368%.Oil prices steadied on Wednesday after diving 4.1% on Tuesday, the largest daily decline in more than three months, weighed by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar.U.S. crude was 0.08% lower at $76.87 per barrel and Brent was at $82.13, up 0.04% on the day. [O/R] (Reporting by Ankur Banerjee; Editing by Sam Holmes)By Ankur Banerjee

news/AAPL/2023.01.03/Dollar jumps, U.S. stocks buck global rally.txt

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+*Global shares edge up, but Wall Street drops*Correlation with dollar softens*Yen takes a breather from recent rallyLONDON/NEW YORK, Jan 3 (Reuters) - The dollar jumped on
+Tuesday as oil prices sank, while U.S. stocks bucked a global
+equities rally in a macro-packed week that could offer a steer
+on when and where U.S. interest rates might peak.The MSCI All-World index fell 0.2%, dragged
+by losses in U.S. stocks. The Dow Jones Industrial Average
+ended little changed, the S&P 500 dropped 0.4%,
+and the Nasdaq Composite lost 0.76%.Losses in U.S. stocks were led by a 12.2% tumble in
+electric-vehicle maker Tesla after it missed Wall
+Street estimates for quarterly deliveries. IPhone maker Apple
+Inc dropped 3.7% to its lowest since June 2021
+following a rating downgrade due to production cuts in China.The U.S. dollar firmed ahead of Wednesday's release
+of the minutes from the Federal Reserve's last meeting, with
+expectations they will signal more policy tightening is in
+store.A higher dollar walloped oil prices, which also took a
+beating from concerns about slowing global economic growth,
+especially after data showed China's factory activity shrank in
+December."We expect the December FOMC minutes to shed additional
+light on Fed officials' policy views for 2023. Note that at the
+meeting, the Committee signalled broad expectations for a
+substantially higher terminal rate this year," analysts at TD
+Securities said in a note.The dollar index jumped 0.94% to 104.64.The euro was the worst-performing currency against the
+dollar, falling by the most since late September,
+after German regional inflation data showed consumer price
+pressures eased sharply in December, thanks in large part to
+government measures to contain natural gas bills for households
+and businesses.Data on U.S. payrolls this week is expected to show the
+labour market remains tight, while EU consumer prices could show
+some slowdown in inflation as energy prices ease."Energy base effects will bring about a sizeable reduction
+in inflation in the major economies in 2023, but stickiness in
+core components, much of this stemming from tight labour
+markets, will prevent an early dovish policy 'pivot' by central
+banks," analysts at NatWest Markets wrote in a note.They expect interest rates to top out at 5% in the United
+States, 2.25% in the EU and 4.5% in Britain and to stay there
+for the entire year. Markets, on the other hand, are pricing in
+rate cuts for late 2023, with fed fund futures implying
+a range of 4.25% to 4.5% by December."The thing that makes me nervous about this year is that we
+still do not know the full impact of the very significant
+monetary tightening that's taken place across the advanced
+world," Berenberg Senior Economist Kallum Pickering said."It takes a good year, or 18 months, for the full effect to
+kick in," he said.Central banks have expressed concern about rising wages,
+even as consumers have struggled to keep up with the soaring
+cost of living and companies are running out of room to protect
+their profitability by raising their own prices.However, said Pickering, the labour market tends to lag the
+broader economy by some time, meaning there is a risk that
+central banks could be raising interest rates by more than the
+economy can withstand."What central banks are inducing is essentially excess
+cyclicality, which is - they overstimulated in 2021 and
+triggered an inflationary boom and then overtightened in 2022
+and triggered a disinflationary recession. It’s exactly the
+opposite of what you want central banks to do," he said.EUROPEAN SHARES RALLYOn the markets, European shares rose thanks to gains in
+classic defensive sectors, such as healthcare and food and
+beverages. Drugmakers Novo Nordisk, Astrazeneca
+and Roche were among the biggest positive
+weights on the STOXX 600, along with NestleThe STOXX, which lost 13% in 2022, rose 1.2%. The FTSE 100
+, the only major European index not to trade on Monday,
+rose 1.4%.Markets have for a while priced in an eventual U.S. easing,
+but they were badly wrong-footed by the Bank of Japan's shock
+upward shift in its ceiling for bond yields.The BOJ is now considering raising its inflation forecasts
+in January to show price growth close to its 2% target in fiscal
+2023 and 2024, according to the Nikkei.Such a move at its next policy meeting on Jan. 17-18 would
+only add to speculation of an end to ultra-loose policy, which
+has essentially acted as a floor for bond yields globally.The policy shift has boosted the yen across the board, with
+the dollar losing 5% in December and the euro 2.3%.The yen took a breather on Tuesday, easing 0.3% against the
+dollar to 130.895. The dollar earlier touched a six-month low of
+129.52 yen.Oil succumbed to the strength of the dollar, and concern
+about demand in China, the world's second-largest economy, added
+to the downward momentum.A batch of surveys has shown China's factory activity shrank
+at the sharpest pace in nearly three years as COVID infections
+swept through production lines."China is entering the most dangerous weeks of the
+pandemic," warned analysts at Capital Economics.Brent crude lost 4.2% to settle at $82.10 a barrel.(Reporting by Koh Gui Qing in New York and Amanda Cooper in
+London
+Additional reporting by Wayne Cole in Sydney
+Editing by Andrea Ricci and Matthew Lewis)

news/AAPL/2023.01.03/Dollar posts big gains, U.S. stocks buck global rally.txt

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+*Global shares edge up, but Wall Street drops*Correlation with dollar softens*Yen takes a breather from recent rallyLONDON/NEW YORK, Jan 3 (Reuters) - The dollar jumped on
+Tuesday as oil prices sank, while U.S. stocks bucked a global
+equities rally in a macro-packed week that could offer a steer
+on when and where U.S. interest rates might peak.The MSCI All-World index fell 0.5%, dragged
+by losses in U.S. stocks. The Dow Jones Industrial Average
+lost 0.64%, the S&P 500 dropped 0.9%, and the
+Nasdaq Composite lost 1.3%.Losses in U.S. stocks were led by a 14.7% tumble in
+electric-vehicle maker Tesla after it missed Wall
+Street estimates for quarterly deliveries. iPhone maker Apple
+Inc dropped 4.3% to its lowest since June 2021
+following a rating downgrade due to production cuts in China.The U.S. dollar firmed ahead of Wednesday's
+release of the minutes from the Federal Reserve's last meeting,
+with expectations they will signal more policy tightening is in
+store.A higher dollar walloped oil prices, which also took a
+beating from concerns about slowing global economic growth,
+especially after data showedChina's factory activity shrank in December."We expect the December FOMC minutes to shed additional
+light on Fed officials' policy views for 2023. Note that at the
+meeting, the Committee signalled broad expectations for a
+substantially higher terminal rate this year," analysts at TD
+Securities said in a note.The dollar index jumped 0.97% to 104.66.The euro was the worst-performing currency against the
+dollar, falling by the most since late September,
+after German regional inflation data showed consumer price
+pressures eased sharply in December, thanks in large part to
+government measures to contain natural gas bills for households
+and businesses.Data on U.S. payrolls this week is expected to show the
+labour market remains tight, while EU consumer prices could show
+some slowdown in inflation as energy prices ease."Energy base effects will bring about a sizeable reduction
+in inflation in the major economies in 2023, but stickiness in
+core components, much of this stemming from tight labour
+markets, will prevent an early dovish policy 'pivot' by central
+banks," analysts at NatWest Markets wrote in a note.They expect interest rates to top out at 5% in the United
+States, 2.25% in the EU and 4.5% in Britain and to stay there
+for the entire year. Markets, on the other hand, are pricing in
+rate cuts for late 2023, with fed fund futures implying
+a range of 4.25% to 4.5% by December."The thing that makes me nervous about this year is that we
+still do not know the full impact of the very significant
+monetary tightening that's taken place across the advanced
+world," Berenberg Senior Economist Kallum Pickering said."It takes a good year, or 18 months, for the full effect to
+kick in," he said.Central banks have expressed concern about rising wages,
+even as consumers have struggled to keep up with the soaring
+cost of living and companies are running out of room to protect
+their profitability by raising their own prices.But, Pickering said, the labour market tends to lag the
+broader economy by some time, meaning that there is a risk that
+central banks could be raising interest rates by more than the
+economy can withstand."What central banks are inducing is essentially excess
+cyclicality, which is - they overstimulated in 2021 and
+triggered an inflationary boom and then overtightened in 2022
+and triggered a disinflationary recession. It’s exactly the
+opposite of what you want central banks to do," he said.EUROPEAN SHARES RALLYOn the markets, European shares rose thanks to gains in
+classic defensive sectors, such as healthcare and food and
+beverages. Drugmakers Novo Nordisk, Astrazeneca
+and Roche were among the biggest positive
+weights on the STOXX 600, along with NestleThe STOXX, which lost 13% in 2022, rose 1.2%. The FTSE 100
+, the only major European index not to trade on Monday,
+rose 1.4%.Markets have for a while priced in an eventual U.S. easing,
+but they were badly wrong-footed by the Bank of Japan's shock
+upward shift in its ceiling for bond yields.The BOJ is now considering raising its inflation forecasts
+in January to show price growth close to its 2% target in fiscal
+2023 and 2024, according to the Nikkei.Such a move at its next policy meeting on Jan. 17-18 would
+only add to speculation of an end to ultra-loose policy, which
+has essentially acted as a floor for bond yields globally.The policy shift has boosted the yen across the board, with
+the dollar losing 5% in December and the euro 2.3%.The yen took a breather on Tuesday, easing 0.4% against the
+dollar to 130.69. The dollar earlier touched a six-month low of
+129.52 yen.Oil succumbed to the strength of the dollar, and concern
+about demand in China, the world's second-largest economy, added
+to the downward momentum.A batch of surveys has shown China's factory activity shrank
+at the sharpest pace in nearly three years as COVID infections
+swept through production lines."China is entering the most dangerous weeks of the
+pandemic," warned analysts at Capital Economics.Brent crude lost 3% to trade around $83.32 a barrel.(Reporting by Wayne Cole; Editing by Bradley Perrett, Sam
+Holmes, Chizu Nomiyama and Andrea Ricci)

news/AAPL/2023.01.03/Japan's Nikkei hits over 3-month low tracking subdued Wall Street.txt

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+TOKYO, Jan 4 (Reuters) - Japan's Nikkei share average
+hit a more than three-month low on the first day of trading
+session of 2023 on Wednesday, tracking Wall Street's weak finish
+overnight, while the yen's strength against the dollar also
+weighed on sentiment.The Nikkei lost 1.42% to 25,742.66 by the midday
+break, its lowest level since Oct. 3. The broader Topix
+lost 1.02% to 1,872.43.
+Wall Street's main indexes closed lower overnight with the
+biggest drags from Tesla and Apple, while investors worried
+about the U.S. Federal Reserve's interest-rate hiking path as
+they awaited minutes from its December policy meeting.In Japan, clothing brand Uniqlo's owner Fast Retailing
+lost 2.11% , dragging the Nikkei the most, while chip
+testing equipment maker Advantest fell 2.24%.
+Drugmakers Daiichi Sankyo tanked 5.69% and Eisai
+slipped 6.31%.On top of Wall Street weakness, the yen's gain against the
+dollar also weighed on investor sentiment, Maki Sawada,
+strategist at Nomura Securities, told reporters.The yen rose to a seven-month high against the greenback on
+Tuesday on rising expectations that the Bank of Japan might move
+away from its ultra-easy monetary policy.All but three industry sub-indexes fell. The banking sector
+jumped 2.86% to become the top gainer among the 33
+industry groups, and insurance firms gained 0.8%.
+The brokerage sector inched up 0.07%.Of the 225 Nikkei components, 31 stocks rose while 194
+declined.The volume of shares traded on the Tokyo Stock Exchange's
+main board was 0.68 billion, compared to the average of 1.18
+billion in the last 30 days.
+(Reporting by Junko Fujita; Editing by Rashmi Aich)

news/AAPL/2023.01.03/MarketScreener's World Press Review: January 3rd, 20...txt

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+
+RTL, ITV,  Mediaset, Warner Bros Discovery, Disney, Netflix, Shopify & Apple, Tesla, General Electric, GE Healthcare, Southwest Airlines, Exxon Mobil, Chevron, TG Therapeutics, Meta, Panasonic, Top Glove feature in this press review!
+
+
+
+
+
+ 
+ 

news/AAPL/2023.01.03/Marketmind: Every picture Tesla story.txt

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+If the first proper global trading day of 2023 offers any clue on how the following 12 months will unfold, buckle up. The fairly upbeat mood in Asia and Europe was crushed in U.S. hours as another collapse in Tesla Inc shares dragged tech lower, soured risk appetite, and prompted defensive flows into Treasuries and the dollar. Equity, bond and currency volatility rose also, and the negative close on Wall Street will likely set the tone for Asia's open on Wednesday. Tech investors, in particular, should brace themselves.Tesla plunged as much as 15% on Tuesday after it missed Wall Street estimates for quarterly deliveries, and the company has lost almost 75% of its market cap in barely over a year. iPhone maker Apple Inc dropped to its lowest since June 2021 and its market cap dipped below $2 trillion.Hong Kong's Hang Seng tech index kicked off the year with a stellar 2.5% rise on Tuesday and the MSCI Asia tech index has advanced three days in a row, its best run in a month. But all that seems poised to reverse on Wednesday. Rising interest rates was the scythe that cut tech off at the knees last year as the U.S. Federal Reserve embarked on the most aggressive tightening cycle in 40 years. The cycle may be drawing to a close, but the Fed may yet surprise on the upside this year.Job openings on Wednesday and non-farm payrolls on Friday will give the most up-to-date pulse of the U.S. labor market. Solid numbers, including wage growth, could tilt expectations for next month's policy meeting back up to a 50 basis point hike from 25 bps.Before that, the Fed on Wednesday releases the minutes of its Dec. 13-14 policy meeting.  Global financial conditions - across developed and emerging markets - have tightened since then, according to Goldman Sachs. Its U.S. financial conditions index has risen some 40 bps, mainly due to higher long rates and lower equities.If global tech and equity bulls are to get any traction, easing financial conditions and central bank rate hike expectations will have to set in first. Three key developments that could provide more direction to markets on Wednesday: - India S&P Global services PMI (December)- U.S. Fed policy meeting minutes - U.S. 'JOLTS' job openings (November) (Reporting by Jamie McGeever in Orlando, Fla.; Editing by Marguerita Choy)By Jamie McGeever

news/AAPL/2023.01.03/Nvidia, Foxconn to build autonomous vehicle platforms.txt

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+Taiwanese contract manufacturer Foxconn said it will manufacture electronic control units (ECUs) for cars based on Nvidia's DRIVE Orin chip made specifically for computing in connected and autonomous vehicles.The ECUs will serve the global automotive market, Foxconn said.Nvidia sees a market opportunity of $300 billion in the automotive sector and reported revenue of $251 million in the third quarter from the segment.The chipmaker said the tie-up will allow it to scale efforts to meet growing demand for chips made for autonomous and connected vehicles.  Foxconn, which operates a vehicle manufacturing facility in Ohio, said its vehicles will contain ECUs based on DRIVE Orin and Nvidia's DRIVE Hyperion sensors for autonomous driving.Foxconn makes electric vehicles for Lordstown Motors Corp and has a contract to make Fisker Inc's second car model, PEAR. It also manufactures Apple Inc's products.  (Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)

news/AAPL/2023.01.03/Stocks start 2023 with a dip; Apple, Tesla shares drag.txt

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+The Dow ended about flat. The S&P 500 finished four tenths of a percent lower, while the Nasdaq ended down about three quarters of a percent.Investors are awaiting minutes from the Fed's December meeting due on Wednesday for clues about how aggressive the central bank might be with monetary policy tightening this year and whether it might trigger a recession.Dan Wantrobski is associate director of research at Janney Montgomery Scott."What's driving the down move in the stock markets today is reassessment on how severe a recession can be in the U.S., based on what we've seen out of Fed policy thus far. I think traders are starting to reevaluate, you know, how severe the type of recession that the Fed is trying to engineer here. And a lot is going to depend on labor data that comes out, wage gains, employment data, as well as other things like ISM production numbers, PPI and of course, CPI. So I think until you get more clarity around that, we could continue to see higher volatility in the markets and more kind of this rangebound trading that they're setting us up with today."Shares of Tesla hit their lowest level since August 2020, falling more than 12% on Tuesday, extending a steep decline in 2022 after Elon Musk's electric vehicle maker missed Wall Street estimates for quarterly deliveries.  Energy stocks, which saw stellar gains in 2022, started the year in the red as oil prices fell on bleak business activity data from China.And shares of Apple slumped, closing below the $2 trillion valuation mark for the first time since March 2021, after a report from Nikkei Asia pointed to weaker demand.

news/AAPL/2023.01.03/Wall St falls in 2023 trading kick-off; Apple, Tesla shares drag.txt

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+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*Tesla shares plunge on Q4 deliveries miss*Apple hits lowest level since June 2021*Indexes down: Dow 0.56%, S&P 0.81%, Nasdaq 1.09%Jan 3 (Reuters) - Wall Street's main indexes dropped on
+the first trading day of 2023 with big drags from Tesla and
+Apple, while investors worried about the Federal Reserve's
+interest-rate hiking path as they awaited minutes from its
+December meeting.Shares in electric vehicle maker Tesla Inc were
+down 13%, making it Nasdaq's biggest percentage decliner after
+missing Wall Street estimates for quarterly deliveries. iPhone
+maker Apple Inc was down 4% after hitting its lowest
+level since June 2021 following an analyst rating downgrade due
+to production cuts in China.Consumer discretionary and technology stocks
+slipped more than 1% each.The energy sector, which logged stellar gains in
+2022, slid more than 4%, tracking lower oil prices on bleak
+business activity data from China and concerns about the outlook
+for the global economy..The main U.S. stock indexes had ended 2022 with their
+steepest annual losses since 2008 following the Fed's fastest
+pace of rate hikes since the 1980s to stamp out decades-high
+inflation."Even though the calendar has changed, a lot of the main
+issues for the market have not, specifically with the Federal
+Reserve tightening monetary policy as it's still concerned about
+inflation," said Chris Zaccarelli, chief investment officer at
+Independent Advisor Alliance in Charlotte, North Carolina."We're in a bear market. Negative is the default reaction to
+everything," he said. "Until the Fed really changes their tone,
+it's an uphill battle for the market."By 2:22 p.m. ET, the Dow Jones Industrial Average had
+fallen 186.41 points, or 0.56%, to 32,960.84; the S&P 500
+had lost 31.1 points, or 0.81%, to 3,808.4; and the Nasdaq
+Composite had dropped 114.14 points, or 1.09%, to
+10,352.35.The S&P 500 shed 19.4% in 2022, marking a roughly $8
+trillion decline in market capitalization, while the Nasdaq fell
+33.1%, dragged down by growth stocks.Investors on Wednesday will closely monitor the minutes of
+the Fed's December policy meeting, when the central bank raised
+interest rates by 50 basis points after four straight 75 basis
+points hikes, and signaled rates could stay higher for longer.Other economic data due this week includes the ISM
+manufacturing report, also on Wednesday, and December's jobs
+report on Friday.Weakness in the labor market could give the Fed a reason to
+ease its monetary policy tightening, but the data so far has
+shown the market remains tight despite rate hikes.Money market participants see a 68% chance the Fed will
+raise the benchmark rate by 25 basis points to 4.50% to 4.75% in
+February, with the rates peaking at 4.98% by June.In other equity market action, U.S.-listed Chinese firms
+such as Alibaba Group Holding Ltd, JD.com Inc
+and Pinduoduo Inc rose between 1% and 5% on
+post-COVID-19 recovery hopes.Advancing issues outnumbered declining ones on the NYSE by a
+1.10-to-1 ratio; on Nasdaq, a 1.01-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and five new lows;
+the Nasdaq Composite recorded 83 new highs and 44 new lows.
+(Reporting by Sinéad Carew in New York; Shubham Batra, Ankika
+Biswas and Amruta Khandekar in Bengaluru; Editing by Shounak
+Dasgupta, Arun Koyyur and Jonathan Oatis)

news/AAPL/2023.01.03/Wall St falters at start of 2023 as Apple, Tesla shares fall.txt

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+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*Tesla drops on Q4 deliveries miss*Apple hits lowest since June 2021*Indexes down: Dow 0.58%, S&P 0.85%, Nasdaq 1.26%Jan 3 (Reuters) - Wall Street's main indexes dropped on
+the first trading day of 2023 due to heavy losses in Tesla and
+Apple, while investors awaited minutes from the last policy
+meeting of the Federal Reserve for more clarity on the path of
+interest rate hikes.The electric-vehicle maker fell 13.7% after missing
+Wall Street estimates for quarterly deliveries and iPhone maker
+Apple Inc dropped 3.9% to its lowest since June 2021
+following a rating downgrade due to production cuts in China.Consumer discretionary and technology stocks
+slipped more than 1% each.The energy sector, which logged stellar gains in
+2022, slid 2.7%, tracking lower oil prices on bleak business
+activity data from China and concerns about the outlook for the
+global economy amid recession worries..Other rate-sensitive technology and growth stocks such as
+Alphabet Inc, Meta Platforms Inc and
+Amazon.com Inc were up between 0.9% and 2.9%."The market, like today, is not very much about fundamentals
+or news, it's more about the emotion of a start of a new year
+and investors trying to decide if a recovery is in front of
+them," said Rick Meckler, partner at Cherry Lane Investments in
+New Vernon, New Jersey."Given last year's weak performance, I would certainly
+expect a better year ahead."The main stock indexes ended 2022 with their steepest annual
+losses since 2008 following the Fed's fastest pace of rate hikes
+since the 1980s to stamp out decades-high inflation.The S&P 500 shed 19.4% in 2022, marking a roughly $8
+trillion decline in market capitalization, while the Nasdaq fell
+33.1%, dragged down by growth stocks.Investors on Wednesday will closely monitor the minutes of
+the Fed's December policy meeting, when the central bank raised
+interest rates by 50 basis points after four straight 75-bps
+hikes and signaled rates could stay higher for longer.Other economic data due this week includes December's jobs
+report and the ISM manufacturing report.Weakness in the labor market could give the Fed a reason to
+ease its monetary policy tightening, but the data so far has
+shown that the market remains tight despite interest rate hikes.Money market participants see a 68% chance the Fed will
+raise the benchmark rate by 25 bps to 4.50%-4.75% in February,
+with the rates peaking at 4.98% by June.At 12:17 p.m. ET, the Dow Jones Industrial Average
+was down 190.79 points, or 0.58%, at 32,956.46, the S&P 500
+was down 32.46 points, or 0.85%, at 3,807.04, and the
+Nasdaq Composite was down 131.84 points, or 1.26%, at
+10,334.64.U.S.-listed Chinese firms such as Alibaba Group Holding Ltd
+, JD.com Inc, Pinduoduo Inc rose between
+1% and 4% on post-COVID recovery hopes.Advancing issues outnumbered decliners by a 1.16-to-1 ratio
+on the NYSE and by a 1.08-to-1 ratio on the Nasdaq.The S&P index recorded one new 52-week highs and 5 new lows,
+while the Nasdaq recorded 80 new highs and 32 new lows.
+(Reporting by Shubham Batra, Ankika Biswas and Amruta Khandekar
+in Bengaluru; Editing by Shounak Dasgupta and Arun Koyyur)

news/AAPL/2023.01.03/Wall St starts the year with a dip; Apple, Tesla shares drag.txt

@@ -0,0 +1,56 @@
+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*Tesla shares plunge on Q4 deliveries miss*Apple marks lowest closing level since June 2021*Indexes down: Dow 0.03%, S&P 0.40%, Nasdaq 0.76%Jan 3 (Reuters) - Wall Street's main indexes closed
+lower on the first trading day of 2023 with the biggest drags
+from Tesla and Apple, while investors worried about the Federal
+Reserve's interest-rate hiking path as they awaited minutes from
+its December meeting.Shares in electric vehicle maker Tesla Inc closed
+down 12% after hitting their lowest level since August 2020 and
+put pressure on the consumer discretionary sector
+following a miss on Wall Street estimates for fourth-quarter
+deliveries.Apple Inc shares sank 3.7%, with the iPhone maker
+hitting its lowest level since June 2021, after a report from
+Nikkei Asia pointed to weaker demand. In addition, an analyst
+downgraded their rating of the stock due to production cuts in
+COVID-19-hit China.The energy sector, which logged stellar gains in
+2022, closed down 3.6% in the year's first trading day as oil
+prices fell on bleak business activity data from China and
+concerns about the global economic outlook..The main U.S. stock indexes in 2022 showed their steepest
+annual losses since 2008 following the Fed's fastest pace of
+rate hikes since the 1980s to stamp out decades-high inflation."2022 was a terrible year for equity markets. Some of the
+reasons for that haven't dissipated because we turned the
+calendar," said Michael James, managing director of equity
+trading at Wedbush Securities in Los Angeles. "There's still
+elevated anxiety, uncertainty about the Fed and inflation. Until
+there's clarity on that, it's going to be tough to make any
+upside headway in equity markets."Given Apple and Tesla's clout in the market, James also
+cited specific concerns about them for broader S&P weakness
+Tuesday.The Dow Jones Industrial Average fell 10.88 points,
+or 0.03%, to 33,136.37; the S&P 500 lost 15.36 points, or
+0.40%, to 3,824.14; and the Nasdaq Composite dropped
+79.50 points, or 0.76%, to 10,386.99.The S&P 500 had shed 19.4% in 2022, marking a roughly $8
+trillion decline in market capitalization, while the Nasdaq fell
+33.1%, dragged down by growth stocks.Among the S&P 500's 11 major sectors, behind energy,
+technology was the second biggest decliner, losing 1%, with
+Apple hastening the decline as it ended the day with a market
+valuation below $2 trillion for the first time since March 2021.Tesla's biggest daily percentage drop since September 2020
+helped make the consumer discretionary index the S&P's
+third weakest sector on the day with a 0.6% drop.The benchmark's biggest gainer on the day was communications
+services, with Facebook parent Meta Platforms Inc
+leading the advancers there with a gain of 3.7%.Investors on Wednesday will closely monitor the minutes of
+the Fed's December policy meeting, when the central bank raised
+interest rates by 50 basis points after four straight 75 basis
+points hikes and signaled rates could stay higher for longer.Other economic data due this week includes the ISM
+manufacturing report, also on Wednesday, and December's jobs
+report on Friday.Weakness in the labor market could give the Fed a reason to
+ease its monetary policy tightening, but the data so far has
+shown that market remains tight despite rate hikes.Money market participants see a 68% chance the Fed will
+raise the benchmark rate by 25 basis points to 4.50% to 4.75% in
+February, with the rates peaking at 4.98% by June..Advancing issues outnumbered declining ones on the NYSE by a
+1.42-to-1 ratio; on Nasdaq, a 1.20-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and five new lows;
+the Nasdaq Composite recorded 92 new highs and 58 new lows.On U.S. exchanges 10.618 billion shares changed hands,
+marking an uptick from the previous week's lower volume due to
+the holiday season. It compared with the 10.799 billion-share
+average for the last 20 trading days.
+(Reporting by Sinéad Carew in New York; Shubham Batra, Ankika
+Biswas and Amruta Khandekar in Bengaluru; Editing by Shounak
+Dasgupta, Arun Koyyur and Jonathan Oatis)

news/AAPL/2023.01.03/Wall Street drops as Apple, energy stocks weigh.txt

@@ -0,0 +1,42 @@
+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*Tesla falls as quarterly deliveries miss estimates*China ADRs gain on post-COVID recovery hopes*Indexes down: Dow 0.07%, S&P 0.26%, Nasdaq 0.56%Jan 3 (Reuters) - Wall Street's main indexes fell on the
+first trading day of the year following declines in Apple and
+energy stocks, with investors awaiting the Federal Reserve's
+meeting minutes for further clarity on the path of future
+interest rate hikes.Most of the major S&P 500 sectors were in the red, with
+information technology stocks pulled lower by a 3%
+drop in the shares of iPhone maker Apple Inc following
+a report of a rating downgrade by Exane BNP Paribas.Tesla Inc fell nearly 10% as the electric-vehicle
+maker missed Wall Street estimates for quarterly deliveries.Other rate-sensitive technology and growth stocks such as
+Alphabet Inc, Meta Platforms Inc, Microsoft
+and Amazon.com Inc were up between 0.6% and
+2.0%.The energy sector, which logged stellar gains in 2022, fell
+1.2% tracking oil prices lower on bleak business activity data
+from China as well as concerns about the global economic
+outlook."The market, like today, is not very much about fundamentals
+or news, it's more about the emotion of a start of a new year
+and investors trying to decide if a recovery is in front of
+them," said Rick Meckler, partner at Cherry Lane Investments in
+New Vernon, New Jersey.The main U.S. stock indexes ended 2022 with their steepest
+annual losses since 2008 against the backdrop of the Fed's
+fastest pace of rate hikes since the 1980s.The S&P 500 shed 19.4% in 2022, marking a roughly $8
+trillion decline in market cap, while the Nasdaq fell 33.1%,
+dragged down by growth stocks.Investors on Wednesday will closely monitor the minutes of
+the Fed's December policy meeting, when the central bank raised
+interest rates by 50 basis points after four back-to-back 75-bps
+hikes and signaled rates could stay higher for a while.Other economic data due this week includes December's
+nonfarm payrolls report as well as the ISM manufacturing report,
+which will give further clues on the strength of the economy and
+the labor market.Money market participants see a 68.8% chance the Fed will
+raise the benchmark rate by 25 bps to 4.50%-4.75% in February,
+with the rates peaking at 4.94% by June.At 10:48 a.m. ET, the Dow Jones Industrial Average
+was down 24.82 points, or 0.07%, at 33,122.43, the S&P 500
+was down 9.92 points, or 0.26%, at 3,829.58, and the
+Nasdaq Composite was down 58.43 points, or 0.56%, at
+10,408.05.U.S.-listed Chinese firms such as Alibaba Group Holding Ltd
+, JD.com Inc, Pinduoduo Inc rose between
+3% and 6% on post-COVID recovery hopes.Advancing issues outnumbered decliners for a 1.85-to-1 ratio
+on the NYSE and a 1.57-to-1 ratio on the Nasdaq.The S&P index recorded no new 52-week high and one new low,
+while the Nasdaq recorded 73 new highs and 23 new lows.
+(Reporting by Shubham Batra, Ankika Biswas and Amruta Khandekar
+in Bengaluru; Editing by Shounak Dasgupta)

news/AAPL/2023.01.04/Apple to sign Luxshare for iPhone production in China - FT.txt

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+Luxshare has been producing small numbers of the iPhone 14 Pro Max at its Kunshan plant, to make up for lost production at Foxconn's Zhengzhou factory last year, the report added.Analysts expected Apple to diversify its supplier base amid production disruptions in China due to employee unrest at a factory operated by Foxconn and COVID-19 induced lockdowns.Apple in November warned of lower shipments of its premium iPhone 14 models following significant production cuts.The iPhone maker and Luxshare did not immediately respond to Reuters requests for comment. (Reporting by Akash Sriram in Bengaluru; Editing by Shailesh Kuber)

news/AAPL/2023.01.04/At CES 2023, Sony's 'Gran Turismo' flags new entertainment strategy.txt

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+The movie reflects the transformation of the maker of the Walkman and Bravia TVs from a primarily hardware-focused innovator to broad-based entertainment provider. It also represents a significant bridging of the divides between Sony Pictures Entertainment, Sony PlayStation and Sony Music, according to a dozen current and former senior executives interviewed by Reuters."I defined our identity as a creative entertainment company with a solid foundation on technology," Sony chief executive Kenichiro Yoshida said.The film's appearance at CES on a stage typically reserved for big-screen TVs and robot pets caps $10 billion in investments in music, games and anime over the last five years."Gran Turismo" is one of 10 game-inspired film and television projects in various stages of development.HBO's "The Last of Us," about a man hired to smuggle a 14-year-old girl across a pandemic-plagued America, debuts on Jan. 15. "The New Yorker" suggested the series could break the curse of bad video-game adaptations.Last month, Amazon Prime Video ordered "God of War," a live action adaptation of the PlayStation hit based on Greek mythology.Sony's "creative entertainment" company approach extends beyond content.A Sony-Honda electric vehicle, scheduled to reach consumers by 2026, is being framed as a rolling showcase of Sony's entertainment, gaming and camera sensor prowess. It will also generate recurring subscription revenue like other content services."Eventually, we think in the long term, the mobility space will become an entertainment space," Yoshida said.The high-profile projects, which could not have happened even three years ago, grew out of regular conversations among Sony executives, as they sought a way to work together more effectively.Sony resisted chasing after Netflix with a rival service and fended off an activist shareholder's call to sell or spin off its media and entertainment assets in 2020.Instead it struck deals to provide movies to Netflix and Walt Disney Co's Disney+ and series to HBO, Amazon and Apple Inc's Apple TV+.The shift is reflected in Sony's results, with two-thirds of operating profit coming from games, music and the film studio. Operating profit rose 8% to 344 billion yen ($2.6 billion) for the July-September quarter, beating analyst estimates. In November, with the music business offsetting weakness in the games group, Sony hiked its full-year operating profit forecast."This is a complete pivot of this company into something that's no longer an electronics company," said Ulrike Schaede, a professor of Japanese Business at UC San Diego's School of Global Policy and Strategy.Schaede said the company now has a coherent corporate narrative that would make it easier to unite the company's divisions."That's the new Sony," she said. "Now, can they deliver? I don't know."TREASURE CHESTWhen veteran media executive Tony Vinciquerra was recruited as chairman of Sony Pictures in 2017, the division was reeling after a string of box office flops including the 2016 reboot of the "Ghostbusters" franchise. DVD and Blu-ray disc revenue had plummeted under pressure from streaming services, and there were rumors of a possible sale, media executives said.But Vinciquerra was attracted by the opportunity to leverage the company's assets: "Sony is the only company in the media business that has not only television or film, but music, PlayStation, and technology," he said in an interview.Sony had struggled for decades to achieve the "synergy" the company touted with its 1989 acquisition of Columbia Pictures Entertainment.At best, these forced collaborations ended up as product placement in a movie or marketing promotion. At worst, they got in the way of adapting to the digital era.Entertainment executives then came up with PlayStation Productions: a division within the games group located on the Culver City studio lot and dedicated to film and television adaptations.It acted as a cultural attaché to Hollywood, "someone who could talk in their language," PlayStation chief Jim Ryan said in an interview, "in a non-confrontational, non-adversarial way just, you know, just try to do the best thing for both divisions."The result was "Uncharted," last year's release starring "Spider-Man's" Tom Holland and Mark Wahlberg in a hunt for Magellan's lost treasure. The film delivered $401 million in global ticket sales and became the most-watched film on Netflix when it was released on the streaming service in August.Meanwhile, one of Sony Music's most popular artists, the Puerto Rican rapper Benito Antonio Martínez Ocasio, who performs as "Bad Bunny," will star in "El Muerto," a film drawn from Sony's Marvel Universe of characters, due out in 2024.This August will bring another test of Sony's strategy when "Gran Turismo" hits theaters after languishing for 12 years.The movie is based on British racer Jann Mardenborough, who won the 2011 GT Academy Europe at 19 and went on to a podium finish at the 24-Hours of Le Mans in 2013.Academy Award-nominated director of "District 9" Neil Blomkamp directs a cast that includes "Lord of the Rings" star Orlando Bloom and "Stranger Things" actor David Harbour."We're telling a true story about wish fulfillment," PlayStation Productions chief Asad Qizilbash said. "This kid loved playing Gran Turismo, and at the same time, we're celebrating the game." (Reporting by Dawn Chmielewski in Los Angeles, additional reporting by Kiyoshi Takenaka in Tokyo; Edited by Kenneth Li and Suzanne Goldenberg in New York.)By Dawn Chmielewski

news/AAPL/2023.01.04/French privacy watchdog fines Apple over personalised ads.txt

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+"The advertising targeting settings available from the "Settings" icon of the iPhone were pre-checked by default", the CNIL said in a statement, even though that was not strictly necessary for the device's functioning. It added that the case, which dates back to 2021, concerned an old version of the phone's iOS operating software. The lobby group which brought the case had argued that Apple under iOS 14 had failed to ask iPhone users clearly enough for their prior consent to allow installed mobile apps to gather a key identifier used for targeted ads. Apple said after the announcement it was "disappointed with this decision" and that it would file an appeal. "Apple Search Ads goes further than any other digital advertising platform we are aware of by providing users with a clear choice as to whether or not they would like personalized ads", the company said. Apple's privacy updates, called App Tracking Transparency, give users the option to block apps from tracking activity across apps and websites owned by other companies.The fine was higher than the 6 million euro penalty requested by the CNIL's top adviser. ($1 = 0.9427 euros) (Reporting by Tassilo Hummel; Editing by Tomasz Janowski)

news/AAPL/2023.01.04/Futures edge higher ahead of Fed meeting minutes.txt

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+Minutes from the Fed's previous meeting, when it raised interest rates by half a percentage point and cautioned rates may need to remain higher for longer, are due to be released at 2 p.m. ET (1900 GMT).Meanwhile, U.S.-listed Chinese firms such as Alibaba Group Holding Ltd, JD.com Inc and Baidu Inc jumped more than 6% on hopes of a post-COVID recovery in China and on talk of support for the country's housing sector.Wall Street's main indexes saw a rocky start to 2023 on Tuesday, with the biggest drags being Tesla Inc after the electric-vehicle maker missed estimates on deliveries and Apple Inc that slumped after a rating downgrade.The declines followed a hit to U.S. equities in 2022 on worries of a recession due to aggressive monetary policy tightening, with the three main stock indexes logging their steepest annual losses since 2008.Investors on Wednesday will also monitor job openings data from the U.S. Labor Department and ISM manufacturing data due at 10 a.m. ET to assess the strength of the U.S. economy."The minutes of the latest Fed meeting will be devoured later, in a search for clues about how much higher rates will go before policymakers consider pressing the pause button," said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.Market participants see a 68.8% chance of a 25-basis point rate hike from the U.S. central bank in February, and see rates peaking at 4.95% by June..The more comprehensive non-farm payrolls report is due on Friday, with investors hoping to see signs of cooling in the labor market that could give the Fed reason to slow its monetary policy tightening.At 6:00 a.m. ET, Dow e-minis were up 65 points, or 0.2%, S&P 500 e-minis were up 11.75 points, or 0.31%, and Nasdaq 100 e-minis were up 50.25 points, or 0.46%.Microsoft Corp slipped 2.1% in premarket trading after UBS downgraded the company's shares to "neutral". (Reporting by Shubham Batra and Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta)

news/AAPL/2023.01.04/Global markets live: Microsoft, Nvidia, Cisco, Salesforce, Rivian....txt

@@ -0,0 +1,21 @@
+
+ 
+ 
+ 
+
+Microsoft and OpenAI are working on a ChatGPT-powered Bing to challenge Google. It fell 4% after UBS lowered its recommendation on the company to "neutral" from "buy".
+Apple's market value falls below $2,000 billion for the first time since 2021. iPhone sales through the three major U.S. telecom carriers rose in November month over month, a sign that demand remains strong, JP Morgan said.
+Outokumpu closes the sale of several long product subsidiaries for €228M.
+Ryanair's December traffic is up 3% from pre-pandemic levels.
+Tokyo Gas is closing in on a deal to buy Rockcliff Energy, according to Reuters.
+Rivian narrowly misses its 2022 production target of 25,000 vehicles.
+Viasat closes Link 16 sale to L3Harris for $2 billion.
+Nvidia and Foxconn will build autonomous vehicle platforms.
+Merck KGaA licenses tumor-targeting cancer therapy to PDS Biotech.
+ADC Therapeutics appoints Mohamed Zaki as medical director.
+Cisco, Heico, Campbell Soup release dividends.
+Salesforce was up 2% in premarket trading as the software company announced Wednesday it plans to cut about 10% of its global workforce and close some of its offices as part of a restructuring plan.
+Rivian Automotive - The electric vehicle maker said Tuesday it narrowly missed its full-year 2022 production target of 25,000 cars.
+U.S.-listed Chinese companies are indicated higher in pre-market trading on hopes for a post-Covid recovery in the Chinese economy. Baidu, Pinduoduo and JD.com were up 4.9% to 6.4%. Alibaba gained 6.7% after its subsidiary Ant Group received approval from Chinese regulators to raise 10.5 billion yuan for its consumer division.
+
+ 

news/AAPL/2023.01.04/Investors are betting that central banks will soon be forced to cut rates.txt

@@ -0,0 +1,44 @@
+
+Wall Street closed its first session of 2023 down. Not on its lows, but still down, hampered by a part of its technology segment and by all of its oil companies. Apple even briefly saw its capitalization fall below the $2,000 billion mark. This is a symbol of investors' fears about the consequences of the economic slowdown that is taking shape this year.
+
+This morning, Wall Street's main indexes opened higher, ahead of the release of the Fed's minutes from its December policy meeting, as investors hope for clues on the future pace of interest rate hikes. It looks like investors are increasingly believing that central banks will be forced to cut rates sooner than expected to avoid damaging economies too much as recession looms.
+The Dow Jones inched up 0.09% at the open, the S&P 500 was up 0.42%, while the Nasdaq Composite gained 0.78%.
+There's some good news, at least in the EU, since the latest inflation data published in Germany and French both show that inflation cooled down more than expected. On another note, mild temperatures and global growth fears have eased pressure on oil (and gas), which explains the big sell-off in energy stocks and some renewed confidence about inflation.
+In China, authorities are reportedly considering new measures to support "too big to fail" developers. Local equity markets are fluctuating with the many reassuring or worrying news about the pandemic. In recent hours, optimism has taken over, even though Beijing has announced the postponement of certain investments to create an autonomous semiconductor industry in the country, in response to US restrictions. Meanwhile, it is also reportedly discussing a partial lifting of the import ban on Australian coal, according to Bloomberg.
+A few words on cryptocurrencies too, with Sam Bankman-Fried pleading not guilty to the charges against him in the FTX / Alameda case, apparently to buy time for his defense. The US federal banking regulatory agencies issued a joint statement to reiterate their caution towards cryptoassets.
+ 
+Economic highlights of the day:
+The final version of the December PMI indicators for the world's major economies are on the agenda, this time for services. In the US, there will also be the JOLTS survey on job openings in December and the minutes of the last Fed meeting. All the agenda is here. 
+The dollar is down to EUR 0.9425 and GBP 0.8304. The ounce of gold is strengthening to 1857 dollars. Oil retreats, with North Sea Brent crude at USD 79.17 a barrel and US light crude WTI at USD 74.11 The yield on 10-year US debt is falling to 3.73%. Bitcoin is still hovering around USD 16,800.
+ 
+In corporate news:
+* Apple's iPhone sales through the three major U.S. telecom carriers rose in November month over month, a sign that demand remains strong, JP Morgan said. Apple shares were up 1% in premarket trading.
+* Oil companies Exxon Mobil and Chevron were down 1% and 1.2%, respectively, as oil prices fell on concerns about Chinese demand.
+* Salesforce was up 2% in premarket trading as the software company announced Wednesday it plans to cut about 10% of its global workforce and close some of its offices as part of a restructuring plan.
+* Microsoft was down 2.2% in premarket trading after UBS lowered its recommendation on the company to "neutral" from "buy".
+* Rivian Automotive - The electric vehicle maker said Tuesday it narrowly missed its full-year 2022 production target of 25,000 cars.
+* U.S.-listed Chinese companies are indicated higher in pre-market trading on hopes for a post-Covid recovery in the Chinese economy. Baidu, Pinduoduo and JD.com were up 4.9% to 6.4%. Alibaba gained 6.7% after its subsidiary Ant Group received approval from Chinese regulators to raise 10.5 billion yuan for its consumer division.
+ 
+Analyst recommendations:
+
+Air Products: Baptista Research initiated coverage with a recommendation of hold. PT set to $325.
+Bank of New York Mellon: Goldman Sachs raised its recommendation to buy from neutral. PT up 27% to $59.
+The Boston Beer Co: Jefferies downgrades to underperform from hold. PT down 15% to $275.
+Capricorn Energy: Jefferies downgrades from buy to hold, targeting GBp 270.
+Celanese: RBC Capital Markets upgrades to outperform from sector perform. PT up 22% to $125.
+Chart Industries: Raymond James upgrades to strong buy from market perform. PT jumps 39% to $160.
+Crown Holdings: Baird downgrades to neutral from outperform. PT down 3% to $80.
+CVS Group: Jefferies downgrades from buy to hold, targeting GBp 2060.
+Ezcorp: Canaccord Genuity initiated coverage with a recommendation of buy. PT jumps 68% to $14.
+Forward Air: Jefferies downgrades to hold from buy. PT up 5.1% to $110.
+Indivior: Jefferies remains Buy with a price target raised from GBp 2305 to GBp 2655.
+Kimberly-Clark: Jefferies downgrades to hold from buy. PT up 1.4% to $139.
+Morgan Stanley: Wolfe Research downgrades to underperform from outperform. PT up 7.3% to $92.
+National Grid: Investec upgrades to buy from add. PT up 24% to 1,240 pence.
+Norfolk Southern: Wells Fargo Securities downgrades to equal-weight from overweight. PT down 1.1% to $245.
+Schwab: Goldman Sachs upgrades to buy from neutral. PT up 20% to $98.
+Rolls-Royce: Panmure Gordon & Co downgrades to sell from hold. PT down 46% to 53 pence.
+Sealed Air: Citi downgrades to neutral from buy. PT up 1.5% to $51.
+SM Energy: J.P. Morgan downgrades to neutral from overweight. PT rises 44% to $46.
+Tullow Oil: Jefferies remains Hold with a price target reduced from GBp 40 to GBp 36.92.
+

news/AAPL/2023.01.04/Luxshare says client cooperation normal after Apple production cut report.txt

@@ -0,0 +1 @@
+The electronics manufacturer said it wanted to clarify a recent report from a Taiwanese media outlet which said that Luxshare had suffered the biggest impact from the Apple request. "There are no special changes or impact to the relevant business of the company mentioned in the report," Luxshare said in its statement."Currently the company's cooperation with existing customers is progressing normally and the business is moving forward in an orderly manner according to the work plan."Luxshare makes connector cables for the iPhone and Macbook to manufacturing AirPods and also owns factories capable of making iPhones. A report by Nikkei Asia on Monday citing unnamed suppliers said Apple has told suppliers to manufacture fewer components for its ear buds, watches and laptops as a sluggish global economy and high inflation may be hurting demand for Apple devices. Another supplier, Suzhou Dongshan Precision Manufacturing, which makes printed circuit boards for Apple, said on Thursday in response to a query about the same media reports on its investor Q&A platform that the orders of its core customers were stable. It did not name Apple. A separate report by the Financial Times on Thursday said Apple is set to sign an order with Luxshare to produce premium iPhone models. Foxconn declined to comment. Apple and Luxshare did not immediately respond to requests for comment. (Reporting by Shanghai newsroom and Brenda Goh; Writing by Liz Lee; Editing by Tom Hogue and Jacqueline Wong)

news/AAPL/2023.01.04/MarketScreener's World Press Review: January 4, 2023.txt

@@ -0,0 +1,13 @@
+
+Arm (SoftBank), H20, Apple, Disney, Warner Bros Discovery, Paramount, NBCUniversal (Comcast), Blackstone, Amazon, Rivian Automotive, Southwest Airlines, Exxon, Chevron, 3M Co, Chewy, C.H. Robinson, LG Electronics & Magna feature in this press review!
+
+
+
+
+ 
+
+ 
+ 
+ 
+ 
+ 

news/AAPL/2023.01.04/Stocks end higher as Fed minutes confirm inflation focus.txt

@@ -0,0 +1 @@
+The Dow ended four tenths of a percent higher. The S&P 500 finished up three quarters of a percent, while the Nasdaq ended about seven tenths of a percent higher.Minutes from the Fed's last policy meeting showed officials and Chair Jerome Powell would continue to increase interest rates to control inflation, but gradually to limit the risks to economic growth.Lisa Erickson, senior vice president at U.S. Bank Wealth Management, said the fact that the minutes showed no changes to the Fed's position may have eased some investors' concerns."Overall, really what we see here with the Fed minutes is, again, the same themes that were echoed in the December press conference. And so that really is giving the markets cause really just to see that, for now, the Fed is not really changing its stance with respect to monetary policy."Shares of Microsoft slid more than 4% after UBS downgraded the stock to "neutral" from "buy" on concerns over slowing growth for its cloud business.Shares of Amazon also fell after UBS cut its price target on the stock, citing the same potential softening demand for cloud services.Shares of Apple and Tesla rebounded somewhat, rising 1% and 5% respectively, after sharp moves lower the day prior.And shares of Salesforce rose, after the cloud-based software firm said it plans to cut jobs by 10% and close some offices.

news/AAPL/2023.01.04/Wall St reverses losses as focus turns to Fed minutes.txt

@@ -0,0 +1,43 @@
+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*Fed minutes due at 2 p.m. ET*Job openings fall less than expected*Microsoft falls on UBS rating downgrade*Indexes up: Dow 0.73%, S&P 1.17%, Nasdaq 1.13%Jan 4 (Reuters) - Wall Street's main indexes reversed
+early losses on Wednesday, as investors looked past a set of
+economic data, with focus squarely on the Federal Reserve's
+December meeting minutes for clues on the outlook for interest
+rates.Minutes from the Fed's previous meeting, when it raised
+interest rates by half a percentage point and cautioned rates
+may need to remain higher for longer, are due at 2 p.m. ET (1900
+GMT).The minutes could show the central bank's internal
+deliberations entering a new phase where risks to economic
+growth and employment are given more standing, while curbing
+high inflation remains the top priority."What you'll hear is the Fed needs to continue to hold the
+line and fight inflation ... there'll be some back and forth
+between various members about where the terminal rate should
+land," said Darrell Cronk, chief investment officer at Wells
+Fargo Wealth & Investment Management.U.S. job openings in November indicated a tight labor
+market, giving the Fed cover to stick to its monetary tightening
+campaign for longer, while other data showed manufacturing
+contracted further in December.Minneapolis Fed President Neel Kashkari on Wednesday
+stressed the need for continued rate hikes, setting out his own
+forecast that the policy rate should initially pause at 5.4%.U.S. equities were pummeled in 2022 on worries of a
+recession due to aggressive monetary policy tightening, with the
+three main stock indexes logging their steepest annual losses
+since 2008.Market participants see a 66.7% chance of a 25-basis point
+rate hike from the Fed in February, and see rates peaking at
+4.98% by June.Apple Inc and Tesla Inc bounced back from
+a searing drop in the previous session and rose 2.3% and 5.0%,
+respectively."People repositioning their portfolios for this year is
+leading the market to see these gains ... people are stepping
+into names that really underperformed last year," said Robert
+Pavlik, senior portfolio manager at Dakota Wealth Management.Meanwhile, Microsoft Corp dropped 4.3% following a
+downgrade by brokerage UBS on worries over slowing growth for
+its cloud services and Office suite.Consumer discretionary and financial stocks
+led the gains among the major S&P 500 sector
+indexes.At 11:52 a.m. ET, the Dow Jones Industrial Average
+was up 241.58 points, or 0.73%, at 33,377.95, the S&P 500
+was up 44.63 points, or 1.17%, at 3,868.77, and the Nasdaq
+Composite was up 117.59 points, or 1.13%, at 10,504.58.Salesforce Inc gained 3.4% on the enterprise
+software firm's workforce reduction plans.Advancing issues outnumbered decliners for a 6.25-to-1 ratio
+on the NYSE and a 3.55-to-1 ratio on the Nasdaq.The S&P index recorded two new 52-week highs and no new low,
+while the Nasdaq recorded 58 new highs and 39 new lows.
+(Reporting by Shubham Batra, Amruta Khandekar and Ankika Biswas
+in Bengaluru; Editing by Shounak Dasgupta)

news/AAPL/2023.01.04/Wall St subdued as signs of tight labor market fuel rate hike fears.txt

@@ -0,0 +1,45 @@
+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*Fed minutes due at 2 p.m. ET*Job openings fall less than expected*Microsoft falls on UBS rating downgrade*Indexes mixed: Dow down 0.11%, S&P up 0.01%, Nasdaq down
+0.25%Jan 4 (Reuters) - Wall Street's main indexes were
+subdued on Wednesday as data showed U.S. job openings fell less
+than expected, fuelling investor anxiety about interest rate
+hikes ahead of the Federal Reserve's December meeting minutes.A survey from the Labor Department showed job openings fell
+54,000 to 10.458 million on the last day of November, compared
+with expectations of 10 million job openings.The data indicated a still tight labor market that could
+give the Fed cover to keep rates higher for longer.Meanwhile, Apple Inc rose 0.6%, while
+electric-vehicle maker Tesla Inc jumped 2.3%, with both
+the shares recovering from a searing drop in the previous
+session.The gains eased some of the pressure on the benchmark S&P
+500 index.Microsoft Corp dropped 5.2% following a downgrade
+by brokerage UBS on worries over slowing growth for its cloud
+services and Office suite.Consumer discretionary stocks rose 0.3%, while the
+tech sector fell 0.4%.A separate report showed U.S. manufacturing contracted
+further in December. The Institute for Supply Management (ISM)
+said its manufacturing PMI dropped to 48.4 last month from 49.0
+in November, contracting for a second straight month.Minutes from the Fed's previous meeting, when it raised
+interest rates by half a percentage point and cautioned rates
+may need to remain higher for longer, are due to be released at
+2 p.m. ET (1900 GMT).The Fed minutes could show the central bank's internal
+deliberations entering a new phase where risks to economic
+growth and employment are given more standing, while curbing
+high inflation remains the top priority.U.S. equities were pummeled in 2022 on worries of a
+recession due to aggressive monetary policy tightening, with the
+three main stock indexes logging their steepest annual losses
+since 2008."It's a new year, but we're stuck with the same macro
+conditions, which are still pretty discouraging," said Dave
+Grecsek, managing director in investment strategy and research
+at Aspiriant."Two things that are really going to drive near-term market
+returns - whether Fed is going to stick to its word and be as
+firm with inflation and policy rates and whether the U.S. and
+the European economies enter recession."Market participants see a 68% chance of a 25-basis point
+rate hike from the Fed in February, and see rates peaking at
+4.99% by June.
+At 10:28 a.m. ET, the Dow Jones Industrial Average was
+down 37.17 points, or 0.11%, at 33,099.20, the S&P 500
+was up 0.44 points, or 0.01%, at 3,824.58, and the Nasdaq
+Composite was down 26.38 points, or 0.25%, at 10,360.61.Salesforce Inc gained 2.8% on the enterprise
+software firm's workforce reduction plans.Advancing issues outnumbered decliners by a 3.53-to-1 ratio
+on the NYSE and by a 2.18-to-1 ratio on the Nasdaq.The S&P index recorded 2 new 52-week highs and no new lows,
+while the Nasdaq recorded 55 new highs and 31 new lows.
+(Reporting by Shubham Batra, Amruta Khandekar and Ankika Biswas
+in Bengaluru; Editing by Shounak Dasgupta)

news/AAPL/2023.01.05/Apple : Fitness+ unveils new offerings for the new year.txt

@@ -0,0 +1,541 @@
+
+
+
+UPDATEJanuary 5, 2023
+
+
+
+          Apple Fitness+ unveils new offerings for the new year
+        
+
+
+        Beginning January 9, the service will introduce a new Kickboxing workout type, a brand-new sleep theme for meditations, a Beyoncé Artist Spotlight, new Time to Walk guests, and three new trainers
+      
+
+
+      In January, Apple Fitness+ launches a slate of new offerings designed to help users stay active and mindful in the new year, including a new Kickboxing workout type.
+    
+
+
+        Apple Fitness+, the award-winning fitness and wellness service that is welcoming to all, is introducing new ways for users to improve their overall well-being in the new year. Starting Monday, January 9, the service will launch Kickboxing, a new total-body cardio workout type. A brand-new meditation theme, Sleep, will join the nine other themes in the Meditation library, all designed to make users' practice more impactful than ever before. To help them get started, a new program called Introduction to Meditations for Sleep - designed to help users wind down before bed and drift off to sleep - will launch.
+      
+
+        Additionally, Artist Spotlight will launch new workouts featuring music by Beyoncé, including songs from her latest album, RENAISSANCE, bringing her iconic music to the service. Time to Walk will kick off its fifth season with new guests, including Golden Globe-nominated actor Jamie Lee Curtis, late-night talk show host Amber Ruffin, Olympic champion figure skater Nathan Chen, and German actor Nina Hoss. Fitness+ will also launch two new Collections - 6 Weeks to Restart Your Fitness and Level Up Your Core Training - as well as welcome three new trainers to the team.
+      
+
+        "No matter where people are on their health and well-being journey, Fitness+ makes it easy to get started and stay motivated with workouts and meditations that are welcoming to all," said Jay Blahnik, Apple's vice president of Fitness Technologies. "Whether people want to boost their cardio with the newest workout type, Kickboxing; move to Beyoncé's latest hits; or wind down before bed with a meditation, there really is something for everyone to take care of their body and mind in the new year."
+      
+
+Kickboxing and New Trainers
+
+
+        Kickboxing workouts can help build full-body fitness, and are a great way to build strength, stamina, coordination, and balance. Starting January 9, Fitness+ will add Kickboxing as a new total-body cardio workout type. Each workout will consist of a distinct round of moves followed by one final round, which will combine the moves users just learned into an all-out one-minute interval. No equipment is required, and workouts will be 10, 20, or 30 minutes long.
+      
+
+        Kickboxing will be led by two Fitness+ trainers. Jamie-Ray Hartshorne, who users know and love from Treadmill, HIIT, and Time to Run workouts, trained in muay thai and professionally competed in Thailand.
+      
+
+
+      History-making muay thai fighter Nez Dally joins the Fitness+ trainer team to lead Kickboxing workouts.
+    
+
+
+        Additionally, Nez Dally will join the trainer team to lead Kickboxing workouts. The muay thai fighter made history when she became the first woman to compete in Thailand wearing a hijab. In her workouts, she brings the drive of a high-achieving athlete to empower users with every jab, cross, and kick.
+      
+
+        In addition to Dally, two more new trainers will join the Fitness+ trainer team in January: Brian Cochrane for HIIT and Jenn Lau for Strength. Cochrane, who hails from Scotland, grew up playing a variety of sports, making his HIIT training a versatile practice. As a former singer in an indie band, he continues to be inspired by the way music and movement come together.
+      
+
+        Lau co-founded a gym in her hometown of Toronto, and she is just as passionate about inclusivity as she is about helping people stay active. She brings tenacity and playfulness to every lift and lunge she teaches.
+      
+
+
+
+
+Fitness+ trainer Jenn Lau is shown.
+
+
+Fitness+ trainer Brian Cochrane is shown.
+
+
+
+
+          Jenn Lau joins the Fitness+ team to lead Strength workouts, and Brian Cochrane joins to lead HIIT.
+        
+
+          Jenn Lau joins the Fitness+ team to lead Strength workouts, and Brian Cochrane joins to lead HIIT.
+        
+
+
+
+previous
+
+
+next
+
+
+
+
+
+Introducing Sleep Meditation
+
+
+        Meditation on Fitness+ is designed to help users release tension and anxiety. A brand-new Meditation theme, Sleep, will be added to the Meditation library, joining the nine other themes, including Calm, Gratitude, Resilience, and Creativity. The robust library is designed to make the practice of meditation more powerful and useful than ever before. New sleep meditations will be added every week, and each practice can be done as part of a wind-down routine or while drifting off.
+      
+
+        To help users get started with sleep meditations, a new program, Introduction to Meditations for Sleep, will launch. The program consists of four 20-minute meditations that conclude with five minutes of relaxing music. The meditations - which can be done in any order at any time, each using different techniques to help users slow down and rest - include "Quiet Your Mind," "Relax Your Body," "Appreciate Your Day," and "Visualize Rest."
+      
+
+
+      A brand-new Meditation theme, Sleep, joins the Meditation library, and Fitness+ will also add a new program, Introduction to Meditations for Sleep, to help users get started.
+    
+
+
+Artist Spotlight with Beyoncé
+
+
+        The Artist Spotlight series - which dedicates an entire workout playlist to a single artist - expands with new workouts featuring music by Beyoncé, including songs from her latest album, RENAISSANCE, bringing her iconic music to the service. On Monday, January 9, seven new workouts featuring the singer's music will be available across Cycling, Dance, HIIT, Pilates, Strength, Treadmill, and Yoga. The energy and themes in each workout are inspired by the album's notion of rediscovering what makes individuals unique and powerful to help uplift users in the new year.
+      
+
+        Fitness+ will also roll out two additional Artist Spotlight offerings: the Foo Fighters on Monday, January 16, and Bad Bunny on Monday, January 23.
+      
+
+
+
+
+Beyoncé's Artist Spotlight is shown in Fitness+.
+
+
+The Foo Fighters' Artist Spotlight is shown in Fitness+.
+
+
+Bad Bunny's Artist Spotlight is shown in Fitness+.
+
+
+
+
+          In January, Fitness+ rolls out three Artist Spotlight offerings: Beyoncé on January 9, the Foo Fighters on January 16, and Bad Bunny on January 23.
+        
+
+          In January, Fitness+ rolls out three Artist Spotlight offerings: Beyoncé on January 9, the Foo Fighters on January 16, and Bad Bunny on January 23.
+        
+
+          In January, Fitness+ rolls out three Artist Spotlight offerings: Beyoncé on January 9, the Foo Fighters on January 16, and Bad Bunny on January 23.
+        
+
+
+
+previous
+
+
+next
+
+
+
+
+
+Time to Walk
+
+
+        Fitness+ will introduce new episodes of Time to Walk, beginning with acclaimed actor Jamie Lee Curtis. Time to Walk - an inspiring audio experience on iPhone and Apple Watch, designed to help people walk more often - features some of the world's most interesting and influential people, who share stories, photos, and music with Fitness+ users. Curtis - a producer, bestselling author, activist, and philanthropist - was most recently nominated for a Golden Globe for her role in the film Everything Everywhere All at Once. On this walk, Curtis reflects on the importance of embracing life's most unexpected moments, the transformative power of serving others in need, and how the death of a beloved public figure led her to a daily ritual of self-reflection.
+      
+
+        As the series kicks off its fifth season, new guests will be added each week, including:
+      
+
+
+
+            Amber Ruffin, host of the late-night talk show The Amber Ruffin Show and co-author of the New York Times bestseller You'll Never Believe What Happened to Lacey: Crazy Stories about Racism.
+          
+
+            Jason Segel, the actor, producer, comedian, and screenwriter best known for his role as Marshall Eriksen in the sitcom How I Met Your Mother, who stars in the upcoming Apple Original comedy Shrinking.
+          
+
+            José Andrés, Spanish chef and founder of the World Central Kitchen, a nonprofit devoted to providing meals in the wake of natural disasters.
+          
+
+            Nina Hoss, one of Germany's biggest stars of the stage and screen, known for her role in the critically acclaimed film Tár.
+          
+
+            Colman Domingo, the actor, writer, and director who gained acclaim and a Tony Award nomination for his performance as Mr. Bones in the Broadway musical The Scottsboro Boys and won an Emmy for his role in Euphoria.
+          
+
+            Nathan Chen, US figure skater, three-time world champion, and 2022 Olympic champion.
+          
+
+            Sheryl Lee Ralph, the actor and singer who most recently won the Primetime Emmy Award for Outstanding Supporting Actress in a Comedy Series for her role in Abbott Elementary.
+          
+
+
+
+
+      Award-winning actor, producer, and activist Jamie Lee Curtis kicks off the fifth season of Time to Walk.
+    
+
+
+Collections
+
+
+        Additionally, Fitness+ will introduce two new Collections, curated content from the Fitness+ library to help users go after their goals or find inspiration:
+      
+
+
+
+6 Weeks to Restart Your Fitness, designed to motivate users to build a new habit by working out every day, featuring a perfect blend of workouts to help users onramp back into fitness. Available January 9. 
+          
+
+Level Up Your Core Training, featuring 10- and 20-minute core workouts taken to the next level with the use of dumbbells. Available January 23.
+          
+
+
+
+
+      Fitness+ introduces two new Collections this month: 6 Weeks to Restart Your Fitness and Level Up Your Core Training.
+    
+
+
+Pricing and Availability
+
+
+
+
+            Apple Fitness+ is available as a subscription service for $9.99 (US) per month or $79.99 (US) per year, and can be shared with up to five other family members. 
+          
+
+            Fitness+ is included in the Apple One Premier plan, which, where available, also gives customers access to Apple Music, Apple TV+, Apple Arcade, Apple News+, and iCloud+ with 2TB of storage, and can be shared with up to five other family members.
+          
+
+            Fitness+ is available in Australia, Austria, Brazil, Canada, Colombia, France, Germany, Indonesia, Ireland, Italy, Malaysia, Mexico, New Zealand, Portugal, Russia, Saudi Arabia, Spain, Switzerland, the UAE, the UK, and the US. 
+          
+
+            Three months of Apple Fitness+ are included for customers who purchase Apple Watch Series 4 or later, iPhone 11 or later, iPad (9th generation) or later, iPad Air (5th generation) or later, iPad mini (6th generation) or later, iPad Pro 11-inch (3rd generation) or later, iPad Pro 12.9-inch (5th generation) or later, Apple TV HD, or Apple TV 4K (2nd generation). One month of Fitness+ is included for all other new subscribers.
+          
+
+            Fitness+ can be shared with up to five other family members for the same price, making it easy for users in the same household to enjoy the service. 
+          
+
+            Apple Fitness+ requires iPhone 8 or later with iOS 16.1, or Apple Watch Series 3 or later with watchOS 7.2 or later paired with iPhone 6s or later with iOS 14.3 or later.
+          
+
+            To get the newest features, users must make sure their devices are running the latest software version.
+          
+
+            All Time to Walk and Time to Run episodes are available in the Fitness app on iPhone with a Fitness+ subscription. Users can also enjoy the episodes with just their Apple Watch paired with AirPods or other Bluetooth-enabled headphones.
+          
+
+            Starting this month, SilverSneakers, the nation's leading fitness program for older adults, will offer members a Fitness+ subscription at no additional cost through select Medicare Advantage plans.
+          
+
+
+
+
+      Share article
+    
+
+
+
+
+
+              Text of this article
+            
+
+
+
+                  January 5, 2023
+                
+
+                  UPDATE
+                
+
+                  Apple Fitness+ unveils new offerings for the new year
+                
+
+                  Beginning January 9, the service will introduce a new Kickboxing workout type, a brand-new sleep theme for meditations, a Beyoncé Artist Spotlight, new Time to Walk guests, and three new trainers
+                
+
+                  Apple Fitness+, the award-winning fitness and wellness service that is welcoming to all, is introducing new ways for users to improve their overall well-being in the new year. Starting Monday, January 9, the service will launch Kickboxing, a new total-body cardio workout type. A brand-new meditation theme, Sleep, will join the nine other themes in the Meditation library, all designed to make users' practice more impactful than ever before. To help them get started, a new program called Introduction to Meditations for Sleep - designed to help users wind down before bed and drift off to sleep - will launch.
+                
+
+                  Additionally, Artist Spotlight will launch new workouts featuring music by Beyoncé, including songs from her latest album, RENAISSANCE, bringing her iconic music to the service. Time to Walk will kick off its fifth season with new guests, including Golden Globe-nominated actor Jamie Lee Curtis, late-night talk show host Amber Ruffin, Olympic champion figure skater Nathan Chen, and German actor Nina Hoss. Fitness+ will also launch two new Collections - 6 Weeks to Restart Your Fitness and Level Up Your Core Training - as well as welcome three new trainers to the team.
+                
+
+                  "No matter where people are on their health and well-being journey, Fitness+ makes it easy to get started and stay motivated with workouts and meditations that are welcoming to all," said Jay Blahnik, Apple's vice president of Fitness Technologies. "Whether people want to boost their cardio with the newest workout type, Kickboxing; move to Beyoncé's latest hits; or wind down before bed with a meditation, there really is something for everyone to take care of their body and mind in the new year."
+                
+
+Kickboxing and New Trainers
+
+
+                  Kickboxing workouts can help build full-body fitness, and are a great way to build strength, stamina, coordination, and balance. Starting January 9, Fitness+ will add Kickboxing as a new total-body cardio workout type. Each workout will consist of a distinct round of moves followed by one final round, which will combine the moves users just learned into an all-out one-minute interval. No equipment is required, and workouts will be 10, 20, or 30 minutes long.
+                
+
+                  Kickboxing will be led by two Fitness+ trainers. Jamie-Ray Hartshorne, who users know and love from Treadmill, HIIT, and Time to Run workouts, trained in muay thai and professionally competed in Thailand.
+                
+
+                  Additionally, Nez Dally will join the trainer team to lead Kickboxing workouts. The muay thai fighter made history when she became the first woman to compete in Thailand wearing a hijab. In her workouts, she brings the drive of a high-achieving athlete to empower users with every jab, cross, and kick.
+                
+
+                  In addition to Dally, two more new trainers will join the Fitness+ trainer team in January: Brian Cochrane for HIIT and Jenn Lau for Strength. Cochrane, who hails from Scotland, grew up playing a variety of sports, making his HIIT training a versatile practice. As a former singer in an indie band, he continues to be inspired by the way music and movement come together.
+                
+
+                  Lau co-founded a gym in her hometown of Toronto, and she is just as passionate about inclusivity as she is about helping people stay active. She brings tenacity and playfulness to every lift and lunge she teaches.
+                
+
+Introducing Sleep Meditation
+
+
+                  Meditation on Fitness+ is designed to help users release tension and anxiety. A brand-new Meditation theme, Sleep, will be added to the Meditation library, joining the nine other themes, including Calm, Gratitude, Resilience, and Creativity. The robust library is designed to make the practice of meditation more powerful and useful than ever before. New sleep meditations will be added every week, and each practice can be done as part of a wind-down routine or while drifting off.
+                
+
+                  To help users get started with sleep meditations, a new program, Introduction to Meditations for Sleep, will launch. The program consists of four 20-minute meditations that conclude with five minutes of relaxing music. The meditations - which can be done in any order at any time, each using different techniques to help users slow down and rest - include "Quiet Your Mind," "Relax Your Body," "Appreciate Your Day," and "Visualize Rest."
+                
+
+Artist Spotlight with Beyoncé
+
+
+                  The Artist Spotlight series - which dedicates an entire workout playlist to a single artist - expands with new workouts featuring music by Beyoncé, including songs from her latest album, RENAISSANCE, bringing her iconic music to the service. On Monday, January 9, seven new workouts featuring the singer's music will be available across Cycling, Dance, HIIT, Pilates, Strength, Treadmill, and Yoga. The energy and themes in each workout are inspired by the album's notion of rediscovering what makes individuals unique and powerful to help uplift users in the new year.
+                
+
+                  Fitness+ will also roll out two additional Artist Spotlight offerings: the Foo Fighters on Monday, January 16, and Bad Bunny on Monday, January 23.
+                
+
+Time to Walk
+
+
+                  Fitness+ will introduce new episodes of Time to Walk, beginning with acclaimed actor Jamie Lee Curtis. Time to Walk - an inspiring audio experience on iPhone and Apple Watch, designed to help people walk more often - features some of the world's most interesting and influential people, who share stories, photos, and music with Fitness+ users. Curtis - a producer, bestselling author, activist, and philanthropist - was most recently nominated for a Golden Globe for her role in the film Everything Everywhere All at Once. On this walk, Curtis reflects on the importance of embracing life's most unexpected moments, the transformative power of serving others in need, and how the death of a beloved public figure led her to a daily ritual of self-reflection.
+                
+
+                  As the series kicks off its fifth season, new guests will be added each week, including:
+                
+
+
+                    Amber Ruffin, host of the late-night talk show The Amber Ruffin Show and co-author of the New York Times bestseller You'll Never Believe What Happened to Lacey: Crazy Stories about Racism.
+                  
+
+                    Jason Segel, the actor, producer, comedian, and screenwriter best known for his role as Marshall Eriksen in the sitcom How I Met Your Mother, who stars in the upcoming Apple Original comedy Shrinking.
+                  
+
+                    José Andrés, Spanish chef and founder of the World Central Kitchen, a nonprofit devoted to providing meals in the wake of natural disasters.
+                  
+
+                    Nina Hoss, one of Germany's biggest stars of the stage and screen, known for her role in the critically acclaimed film Tár.
+                  
+
+                    Colman Domingo, the actor, writer, and director who gained acclaim and a Tony Award nomination for his performance as Mr. Bones in the Broadway musical The Scottsboro Boys and won an Emmy for his role in Euphoria.
+                  
+
+                    Nathan Chen, US figure skater, three-time world champion, and 2022 Olympic champion.
+                  
+
+                    Sheryl Lee Ralph, the actor and singer who most recently won the Primetime Emmy Award for Outstanding Supporting Actress in a Comedy Series for her role in Abbott Elementary.
+                  
+
+
+Collections
+
+
+                  Additionally, Fitness+ will introduce two new Collections, curated content from the Fitness+ library to help users go after their goals or find inspiration:
+                
+
+
+6 Weeks to Restart Your Fitness, designed to motivate users to build a new habit by working out every day, featuring a perfect blend of workouts to help users onramp back into fitness. Available January 9. 
+                  
+
+Level Up Your Core Training, featuring 10- and 20-minute core workouts taken to the next level with the use of dumbbells. Available January 23.
+                  
+
+
+Pricing and Availability
+
+
+
+                    Apple Fitness+ is available as a subscription service for $9.99 (US) per month or $79.99 (US) per year, and can be shared with up to five other family members. 
+                  
+
+                    Fitness+ is included in the Apple One Premier plan, which, where available, also gives customers access to Apple Music, Apple TV+, Apple Arcade, Apple News+, and iCloud+ with 2TB of storage, and can be shared with up to five other family members.
+                  
+
+                    Fitness+ is available in Australia, Austria, Brazil, Canada, Colombia, France, Germany, Indonesia, Ireland, Italy, Malaysia, Mexico, New Zealand, Portugal, Russia, Saudi Arabia, Spain, Switzerland, the UAE, the UK, and the US. 
+                  
+
+                    Three months of Apple Fitness+ are included for customers who purchase Apple Watch Series 4 or later, iPhone 11 or later, iPad (9th generation) or later, iPad Air (5th generation) or later, iPad mini (6th generation) or later, iPad Pro 11-inch (3rd generation) or later, iPad Pro 12.9-inch (5th generation) or later, Apple TV HD, or Apple TV 4K (2nd generation). One month of Fitness+ is included for all other new subscribers.
+                  
+
+                    Fitness+ can be shared with up to five other family members for the same price, making it easy for users in the same household to enjoy the service. 
+                  
+
+                    Apple Fitness+ requires iPhone 8 or later with iOS 16.1, or Apple Watch Series 3 or later with watchOS 7.2 or later paired with iPhone 6s or later with iOS 14.3 or later.
+                  
+
+                    To get the newest features, users must make sure their devices are running the latest software version.
+                  
+
+                    All Time to Walk and Time to Run episodes are available in the Fitness app on iPhone with a Fitness+ subscription. Users can also enjoy the episodes with just their Apple Watch paired with AirPods or other Bluetooth-enabled headphones.
+                  
+
+                    Starting this month, SilverSneakers, the nation's leading fitness program for older adults, will offer members a Fitness+ subscription at no additional cost through select Medicare Advantage plans.
+                  
+
+About Apple Fitness+ Apple Fitness+ is an award-winning fitness and wellness service with studio-style workouts and meditations that are welcoming to all, wherever they are in their journey, and to help users live a healthier day. Subscribers have access to the largest library of workout content in 4K Ultra High Definition, all led by a diverse and inclusive team of trainers. Fitness+ also has workout programs with custom content designed to support users through a season of life or help them prepare for important moments, an Artist Spotlight series with entire playlists by world-renowned music artists, and Collections, which include curated content from the Fitness+ library to help users go after their goals or find inspiration. Fitness+ helps users train their body and mind with a one-of-a-kind engaging experience that can be done anytime, anywhere and motivates users from start to finish with music from today's top artists. Fitness+ is available for iPhone users to subscribe to and enjoy in the 21 countries it is available in, and those with an Apple Watch can continue to take their experience to the next level with personalized real-time metrics that display on iPhone, iPad, and Apple TV. With Fitness+, users can also get moving with inspiring audio experiences, including Time to Walk, featuring some of the world's most interesting and influential people, and Time to Run, designed to help users become more consistent and better runners. Apple Fitness+ is available in English with subtitles in Brazilian Portuguese, English, French, German, Italian, Russian, and Spanish. More information is available at apple.com/apple-fitness-plus. 
+                
+                  Press Contacts
+                
+
+                  Olivia DeJesse
+                
+
+                  Apple
+                
+
+                  oliviad_22@apple.com
+                
+
+                  (424) 326-7049
+                
+
+                  Stephanie Saffer
+                
+
+                  Apple
+                
+
+                  ssaffer@apple.com
+                
+
+                  (408) 974-5160
+                
+
+                  Apple Media Helpline
+                
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+                  media.help@apple.com
+                
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+              Images in this article
+            
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+Download all images
+
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+
+
+
+
+About Apple Fitness+
+
+
+        Apple Fitness+ is an award-winning fitness and wellness service with studio-style workouts and meditations that are welcoming to all, wherever they are in their journey, and to help users live a healthier day. Subscribers have access to the largest library of workout content in 4K Ultra High Definition, all led by a diverse and inclusive team of trainers. Fitness+ also has workout programs with custom content designed to support users through a season of life or help them prepare for important moments, an Artist Spotlight series with entire playlists by world-renowned music artists, and Collections, which include curated content from the Fitness+ library to help users go after their goals or find inspiration. Fitness+ helps users train their body and mind with a one-of-a-kind engaging experience that can be done anytime, anywhere and motivates users from start to finish with music from today's top artists. Fitness+ is available for iPhone users to subscribe to and enjoy in the 21 countries it is available in, and those with an Apple Watch can continue to take their experience to the next level with personalized real-time metrics that display on iPhone, iPad, and Apple TV. With Fitness+, users can also get moving with inspiring audio experiences, including Time to Walk, featuring some of the world's most interesting and influential people, and Time to Run, designed to help users become more consistent and better runners. Apple Fitness+ is available in English with subtitles in Brazilian Portuguese, English, French, German, Italian, Russian, and Spanish. More information is available at apple.com/apple-fitness-plus.
+      
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+            Apple
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+          
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+            Apple
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+            ssaffer@apple.com
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+            (408) 974-5160
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+Apple launches Freeform: a powerful new app designed for creative collaboration
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news/AAPL/2023.01.05/Apple supplier Foxconn says December revenue fell 12.3% y|y.txt

@@ -0,0 +1 @@
+The company in a statement said production at the major iPhone factory in China "basically returned to normal" in December. It did not elaborate. (Reporting by Sarah Wu and Yimou Lee; Editing by Christopher Cushing)

news/AAPL/2023.01.05/Apple supplier Foxconn says output recovering despite revenue fall.txt

@@ -0,0 +1,33 @@
+*2022 revenue reached record high*Zhengzhou plant hit by unrest over COVID curbs, pay*Shares close slightly lowerTAIPEI, Jan 5 (Reuters) - Taiwan's Foxconn,
+the world's largest contract electronics maker, said on Thursday
+output at its iPhone plant in China had "basically returned to
+normal" and December revenue, down 12.3% year-on-year, marked
+the start of a recovery.Production of Apple iPhones faced disruption ahead of
+Christmas and January's Lunar New Year holidays, after curbs to
+control COVID-19 prompted thousands of workers to leave
+Foxconn's factory lines in China's Zhengzhou city.Although lower compared with the previous year, the company
+said revenue for December was better than it expected and that a
+"gradual recovery" at its Zhengzhou plant had contributed to
+"double-digit growth" in revenue for its smart consumer
+electronics business compared to November.A Foxconn source familiar with the matter, who could not be
+named because they were not authorised to speak to the press,
+said the growth in December compared to the month prior for its
+consumer electronics business, including smartphones, showed
+major client Apple did not cut orders.A high base from a year earlier, when demand for smartphones
+revived after the early impact of the pandemic, also led to the
+yearly decline in revenue, the person added.Revenue for 2022 rose 10.47% from the previous year to a
+record high, driven by growth across major product lines from
+smartphones to servers, the company said.In the fourth quarter, the Zhengzhou plant grappled with
+strict COVID-19 restrictions, now being eased, that fuelled
+discontent among workers over conditions at the factory. It was
+also hit by worker unrest over pay.Foxconn has offered bonuses to attract new workers and
+convince others to stay on.A company source told Reuters last month it aimed for the
+plant to resume full production around late December-to-early
+January.Analysts say Foxconn assembles around 70% of iPhones, and
+the Zhengzhou plant produces the majority of its premium models
+including iPhone 14 Pro.The company said in Thursday's statement it expects
+first-quarter revenue "to be roughly in line with market
+consensus," without elaborating.Analysts expect first-quarter revenue to grow by 5.6%
+year-on-year, according to Refinitiv.Foxconn shares closed down 0.1%, below the broader market
+which ended up 0.72%.(Reporting by Sarah Wu and Yimou Lee; Editing by Christopher
+Cushing, Emelia Sithole-Matarise and Barbara Lewis)

news/AAPL/2023.01.05/Foxconn says output back to normal after protests.txt

@@ -0,0 +1 @@
+In the fourth quarter, production of iPhones faced disruption as a key factory grappled with strict health-crisis restrictions that fueled discontent among workers over conditions at the factory. Staff also protested over pay. But on Thursday (January 5) Foxconn said that output at the factory in China had returned to normal, and that December sales were better than it expected.The company said revenue for 2022 rose almost 10.5% from the previous year to a record high, driven by growth across major product lines from smartphones to servers.Analysts say Foxconn assembles around 70% of iPhones, and the Zhengzhou plant produces the majority of its premium models, including the iPhone 14 Pro.A company source told Reuters last month it aimed for the plant to resume full production around late December-to-early January.Foxconn shares closed down 0.1%, below the broader market which ended up over 0.7%.

news/AAPL/2023.01.05/MarketScreener's World Press Review: January 5, 2023.txt

@@ -0,0 +1,11 @@
+
+Next, Glencore, HSBC, Legal & General, Dignity, B&M European Value Retail, Ryanair, Meta, Shopify, Microsoft, Amazon, Salesforce, Coinbase, BlackRock, Dell, Walgreens Boots Alliance, CVS Health, Rite Aid, Cineworld, Apple, Foxconn, Luxshare Precision, Sony, Qualcomm, Honda, Alphabet feature in this press review!
+
+
+
+
+ 
+
+ 
+ 
+ 

news/AAPL/2023.01.05/Qualcomm, Iridium partner to bring satellite-based messaging to Android phones.txt

@@ -0,0 +1,20 @@
+Jan 5 (Reuters) - Qualcomm Inc has partnered
+with Iridium Communications Inc to provide a
+satellite-based messaging service on premium smartphones running
+Google's Android operating system, the chipmaker said on
+Thursday.The partnership comes months after Apple Inc
+unveiled a similar feature allowing iPhone 14 models to send
+emergency messages via satellite in some countries such as the
+United States and Canada. Those phones also contain a Qualcomm
+chip that can talk to satellites when there is no Wi-Fi or
+cellular data connection.Qualcomm said on Thursday the new service, Snapdragon
+Satellite, will be available in certain regions from the second
+half of 2023 starting devices using the second generation
+Snapdragon 8 mobile platform.Snapdragon Satellite can also be enabled on other devices
+including laptops, vehicles and tablets, it added, without
+specifying if those devices would need any special equipment.Using Qualcomm's technology messages sent through the
+service will reach Iridium's satellite network. They will then
+be communicated to the recipient or emergency services.GPS-based gadget maker Garmin Ltd will coordinate
+emergency response services to users, Qualcomm said.
+(Reporting by Chavi Mehta in Bengaluru and Jane Lanhee Lee in
+San Francisco; Editing by Shounak Dasgupta)

news/AAPL/2023.01.05/Taiwan exports seen declining for fourth straight m...txt

@@ -0,0 +1 @@
+Taiwan, a global hub for chip production and a key supplier to Apple Inc, is one of Asia's leading exporters of technology goods. The trade data is seen as an important gauge of world demand for tech gadgets.Exports last month were estimated to have dropped 13.3% from a year earlier, a Reuters poll of 12 analysts showed on Thursday, slightly faster than the 13.1% annual contraction seen in November.The export forecasts varied widely, projecting a contraction of between 7.9% and 19.5%. The variation reflected uncertainties over the global economy, supply chain disruptions due to pandemic lockdowns in China, and the fallout of Russia and Ukraine war.Taiwan's finance ministry said last month December exports could be down by 8% to 12% from a year earlier.Separately, the consumer price index was expected to have been 2.5% higher in December than a year earlier, rising faster than the 2.35% annual rate seen in November, according to the poll.The inflation data will be released on Friday followed by the trade data on Saturday. (Reporting By Yimou Lee; Polling by Anant Chandak; Editing by Bradley Perrett)

news/AAPL/2023.01.06/New Hope For Patent Owners Who Can't Or Don't File Formal Responses?.txt

@@ -0,0 +1,12 @@
+Apple Inc. v. Zipit Wireless, Inc. (IPR2021-01124, -01125, -01126, -01129)Director Kathi Vidal has issued a new precedential decision sua sponte that impacts the standard for abandonment of contest in inter partes reviews (IPRs). The decision comes after the Patent Trial and Appeal Board (Board) issued four adverse judgments against patent owner Zipit Wireless, Inc. (Zipit). In June 2021, Apple Inc. filed six petitions for IPRs and these six cases were all assigned to the same panel of APJs. The Board instituted IPRs in all six cases and, in response, Zipit filed Patent Owner Responses to two of the IPRs but chose not to file responses in the remaining four IPRs.The Board subsequently held a hearing on September 21, 2022, during which Zipit was asked whether it was "not contesting if a final written decision or adverse judgment was entered with respect to those IPRs" (referring to the four IPRs not formally opposed with a Patent Owner Response). Zipit responded that it did not file any opposition to the four IPRs and would not contest a final written judgment or adverse opinion if the "Board determines they [Apple, as the petitioner] have met their burden of proof." The Board took Zipit's statements as an abandonment of the contested proceedings, and thereafter issued the four adverse judgments under 37 C.F.R. § 42.73(b)(4).However, the Board's reasoning for the adverse judgment spawned Director Vidal's sua sponte precedential decision. The Director observed that Zipit's non-opposition was not abandonment of the contest, but rather should be more properly interpreted as Zipit stating that it wanted the Board to weigh petitioner's evidence and make the necessary determination under the procedural standard used in IPRs. Because the Board erroneously took Zipit's statements as a complete abandonment, Director Vidal vacated the Board's adverse judgments and remanded to the panel to determine whether Zipit did abandon the contest and, if not, to issue a final written decision on the merits addressing the patentability of the challenged claims.The Director's decision is a reminder of how carefully a patent owner may need to choose its words during an IPR, but the decision also highlights the potential gap in how the procedural burden to institute an IPR differs from the burden used to make a final determination in an IPR. Specifically, under 35 U.S.C. § 314, an IPR may not be instituted unless the petitioner establishes a reasonable likelihood that they will prevail on at least one claim. Once instituted, however, IPRs are conducted according to 35 U.S.C. § 316, which burdens the petitioner with showing unpatentability by a preponderance of evidence. Director Vidal's decision appears to be at least a small win for patent owners because it appears to clarify that patent owners have the choice of not formally participating in an IPR (to save resources, for example), while still asking that the Board make the requisite findings of unpatentability based on the petition and accompanying evidence.At the same time, this decision leaves open the question of whether the different standards applied for institution versus final written decisions would ever lead to the circumstance that the former burden is met but not the latter, at least in the circumstance where a patent owner chooses to not file a formal Patent Owner Response. It seems feasible that the Board could institute on claims A and B due to the strength of the petition against claim A alone, but eventually uphold claim B in a final written decision even where the patent owner does not contest the proceeding via the filing of a formal response. Future decisions from the Board in these and other similar cases should help shed further light on any practical differences between the standard for institution versus the standard for a final finding of unpatentability.The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
+Ms Uzma Ahmed
+Foley & Lardner
+321 North Clark Street, Suite 2800
+Chicago
+IL 60654-5313
+UNITED STATES
+Tel: 312832 4500
+Fax: 312832 4700
+E-mail: info@foley.com
+URL: www.foley.com
+© Mondaq Ltd, 2023 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com, source Business Briefing

news/AAPL/2023.01.06/Samsung profits fall to 8-year low on demand slump.txt

@@ -0,0 +1 @@
+As a flagging global economy hammered memory-chip prices and curbed demand for electronic devices.It was Samsung's smallest quarterly profit since the third quarter of 2014.The dismal estimate is a bellwether for global consumer demand.Samsung's profits are expected to shrink again in the current quarter, analysts said, with a glut driving a further drop in memory-chip prices.The South Korean company - the world's largest memory chip, smartphone and TV maker - announced its October-December operating profit likely fell 69% to 4.3 trillion won, or $3.37 billion, from 13.87 trillion won a year earlier.Rising global interest rates and the cost of living have not only dampened demand for smartphones and other devices but also for the semiconductors Samsung supplies to rivals such as Apple.The firm said in the statement the fall in demand was greater than expected. Despite that, Samsung shares closed 1.4% higher on Friday.One analyst said that was because investors hoped Samsung would have to reduce production, which would help the memory industry overall. Industry watchers also say the firm can use its deep pockets during this downturn to maintain its investment plans and expand market share.

news/AAPL/2023.01.06/Stocks rally as jobs report calms rate hike worries.txt

@@ -0,0 +1 @@
+The Dow rose more than 2%, the S&P 500 gained more than two and a quarter, while the Nasdaq jumped more than two and a half percent.     The U.S. Labor Department's non-farm payrolls report showed 223,000 jobs were added last month, but lower-than-expected wage gains were welcomed by those seeking signs of slowing inflation.     Geetu Sharma, founder and investment manager at AlphasFuture, said it was the best sign yet that the Fed's plan to tame inflation without triggering a recession might work."We definitely had a good jobs report. We not only have a strong labor market, wage growth is less than expected, although I think it's still kind of high, so it's not that we are seeing much decline in inflation concerns but, on a relative basis, wage growth has come in lower than expected and that is raising the odds of a soft landing, if there are any."     As for individual stocks, Costco jumped more than 7% after the membership-only retailer reported strong December sales growth.Shares of Pfizer rose 2.5% after reports of talks with China to secure a license that will allow domestic drugmakers to manufacture and distribute a generic version of its COVID-19 antiviral drug Paxlovid in China.      Megacap tech stocks, including Apple and Amazon, posted big gains on Friday after a rocky week.     But shares of Bed Bath & Beyond continued their downward slide, falling 22.5% to close at just $1.31 a share, after Reuters reported that the home goods retailer was preparing to seek bankruptcy protection in the coming weeks.

news/AAPL/2023.01.06/Wall St jumps as jobs, services data calm rate hike worries.txt

@@ -0,0 +1,43 @@
+(For a Reuters live blog on U.S., UK and European stock
+markets, click LIVE/ or type LIVE/ in a news window)*U.S. December payrolls up 223,000 vs est 200,000*Pfizer up on report of talks with China for generic COVID
+drug*Indexes up: Dow 1.83%, S&P 1.82%, Nasdaq 1.82%Jan 6 (Reuters) - Wall Street's main indexes rallied on
+Friday as data that showed cooling wages and a contraction in
+U.S. services activity eased worries over the Federal Reserve's
+rate-hike trajectory.The nonfarm payrolls rose by 223,000 jobs in December, data
+from the Labor Department showed, while a 0.3% rise in average
+earnings was smaller than expected and lower than the previous
+month.The numbers for November were revised to show nonfarm
+payrolls rose by 256,000 and average earnings grew by 0.4%.Another set of data showed U.S. services activity contracted
+for the first time in more than 2-1/2 years in December amid
+weakening demand, with more signs of inflation easing."These are all the signs that show that Fed's policy is
+working," said Mike Loewengart, head of model portfolio
+construction at Morgan Stanley Global Investment Office in New
+York."That is what investors are relieved to see because it shows
+that they are not going to have to become much more restrictive
+than they have."Big technology and other growth stocks such as Apple Inc
+and Meta Platforms Inc rose around 2% each,
+boosted by a decline in the 10-year U.S. Treasury yield.A resilient labor market has powered the economy through
+consumer spending, but could prompt the Fed to lift its target
+interest rate above the 5.1% peak it had projected last month
+and keep it there for a while.Money market participants now see 75% chance that the U.S.
+central bank will raise the benchmark rate by 25-basis point in
+February and keep the terminal rate just below 5% by June.Also aiding sentiment were Fed officials acknowledging
+cooling wage growth and other signs of the economy gradually
+slowing, with Atlanta President Raphael Bostic hinting at the
+chances of a quarter percentage point hike at the next policy
+meeting.At 12:11 a.m. ET, the Dow Jones Industrial Average
+was up 601.66 points, or 1.83%, at 33,531.74, the S&P 500
+was up 69.18 points, or 1.82%, at 3,877.28, and the Nasdaq
+Composite was up 187.11 points, or 1.82%, at 10,492.35.All the major S&P 500 indexes gained, led by consumer
+staples, which rose 6.6% on boost from Costco
+Wholesale Corp after the membership-only retail chain
+reported strong sales growth in December.Pfizer Inc advanced 2.5% on reports of talks with
+China to secure a license that will allow domestic drugmakers to
+manufacture and distribute a generic version of the U.S. firm's
+COVID-19 antiviral drug Paxlovid in China.Bed Bath & Beyond Inc slid 20.4% after Reuters
+reported that the home goods retailer was preparing to seek
+bankruptcy protection in coming weeks.Advancing issues outnumbered decliners by a 7.02-to-1 ratio
+on the NYSE and 2.61-to-1 ratio on the Nasdaq.The S&P index recorded 16 new 52-week highs and five new
+lows, while the Nasdaq recorded 65 new highs and 59 new lows.
+(Reporting by Shubham Batra, Ankika Biswas and Shashwat Chauhan
+in Bengaluru; Editing by Shounak Dasgupta and Arun Koyyur)

news/AAPL/2023.01.07/Apple Hires Workers In India As It Looks To Open First Flagship Stores - FT.txt

@@ -0,0 +1,5 @@
+Jan 7 (Reuters) -* APPLE HIRES WORKERS IN INDIA AS IT LOOKS TO OPEN FIRST
+FLAGSHIP
+STORES - FT
+Source text: https://on.ft.com/3Xis7M1
+Further company coverage:

news/AAPL/2023.01.07/Apple hires workers in india as it looks to open first flagship….txt

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+APPLE HIRES WORKERS IN INDIA AS IT LOOKS TO OPEN FIRST FLAGSHIP STORES - FT

news/AAPL/2023.01.07/Taiwan exports fall for 4th month in December, decline seen extending into Q1.txt

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+Exports dropped 12.1% by value last month from a year earlier to $35.75 billion, the lowest in 20 months, the Ministry of Finance said on Saturday.That followed a 13.1% drop in November, and was slightly better than Reuters poll forecast for a 13.3% contraction.For December, the ministry said global demand was slowing gradually, due to inflationary pressures and interest rate rises  in major economies, as well as disruptions to factory production in China amid a spike of COVID-19 cases after Beijing dismantled its zero-COVID regime.The ministry saw Taiwan's exports continuing to decline in the first quarter as it expected the global economy to "slow significantly", with major uncertainties posed by both the war in Ukraine and the spread of COVID-19 in China."The positive demand driven by new technologies and rising silicon content in end products would not be able to offset these negative impacts," the ministry said in a statement. Taiwan's total exports of electronics components in December fell 1.4% to $16.04 billion, with semiconductor exports up 0.8% from a year earlier.Firms such as TSMC, the world's largest contract chipmaker, are major suppliers to Apple Inc and other global tech giants, as well as providers of chips for auto companies and lower-end consumer goods.At $14.28 billion in December, Taiwan's exports to China, the island's largest trading partner, were down 16.4% from a year ago, after suffering a 20.9% drop in November.Taiwan's finance ministry said risks ahead included uncertainty the U.S.-China tech war, adding that January exports could contract in a range of 20% to 24% from a year earlier.The ministry's Tsai said fourth quarter exports -traditionally a busy season ahead of Christmas - dropped 8.6% year-on-year.December's exports to the United States were down 2.6%, compared with an 11.3% contraction recorded the previous month.Taiwan's December imports, often seen as a leading indicator of re-exports of finished products, fell 11.4% to $30.96 billion, compared with economists' expectations of a 10.2% fall and after a drop of 8.6% in November. (Reporting by Liang-sa Loh and Yimou Lee; Editing by Simon Cameron-Moore)

news/AAPL/2023.01.08/Protesters clash with police at COVID antigen kit maker factory in China, videos show.txt

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+Online users said the protest was over wages and the layoff of several workers by the manufacturer, Zybio, in the central municipality of Chongqing.Reuters was unable to obtain any immediate comment from Zybio, but verified, via geolocation, that some of videos were filmed at the company's factory in Chongqing.  One video showed people throwing traffic cones, boxes and stools at police carrying riot shields. Another video, posted on social media platforms such as Twitter and Douyin, showed dozens of protesters chanting "return our money". A person who answered a phone call at Zybio's headquarters declined to comment on Sunday. Emails to the company were not immediately answered.Protests are not rare in China, which has over the years seen people demonstrate over issues such as financial scams or labour disputes. But authorities have been on higher alert after a series of protests late last year, including worker unrest at Apple supplier Foxconn's massive iPhone factory in central China, as well as widespread protests in Chinese cities and top universities against COVID restrictions. (Reporting by Brenda Goh; Editing by Simon Cameron-Moore)

news/AAPL/2023.01.09/Apple Plans To Drop Key Broadcom Chip To Use In-House Design- Bloomberg News.txt

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+Jan 9 (Reuters) -* APPLE PLANS TO DROP KEY BROADCOM CHIP TO USE IN-HOUSE
+DESIGN-
+BLOOMBERG NEWS* APPLE IS ALSO SWAPPING OUT QUALCOMM FOR HOMEGROWN MODEM -
+BLOOMBERG NEWS* APPLE ALSO AIMS TO READY ITS FIRST CELLULAR MODEM CHIP BY
+THE
+END OF 2024 OR EARLY 2025 - BLOOMBERG NEWS
+Source text [https://bit.ly/3Zlxvjg]
+Further company coverage:

news/AAPL/2023.01.09/Apple also aims to ready its first cellular modem chip by the en….txt

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+APPLE ALSO AIMS TO READY ITS FIRST CELLULAR MODEM CHIP BY THE END OF 2024 OR EARLY 2025 - BLOOMBERG NEWS

news/AAPL/2023.01.09/Apple is also swapping out qualcomm for homegrown modem - bloomb….txt

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+APPLE IS ALSO SWAPPING OUT QUALCOMM FOR HOMEGROWN MODEM - BLOOMBERG NEWS

news/AAPL/2023.01.09/Apple plans to drop key broadcom chip to use in-house design- bl….txt

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+APPLE PLANS TO DROP KEY BROADCOM CHIP TO USE IN-HOUSE DESIGN- BLOOMBERG NEWS