Apple spends just US$443 (A$610) on the components for its iPhone XS Max (256GB) and sells it for US$1249 (A$1721) in the United States, according to a teardown by the Canadian firm TechInsights.
Given that Apple has decided to hike the prices of its iPhones — which were announced overnight — it would be reasonable to assume that the company is gearing up for the trade spat between China and the US to intensify.
A member of Google's Project Zero security team has asked Apple chief executive Tim Cook to change the company's culture as far as iOS security goes, saying Apple merely fixes bugs and does not try to remove the systemic roots that lead to such vulnerabilities.
Apple has become the first publicly listed American company to achieve a US$1 trillion value, with the firm achieving the milestone when its shares hit US$207.04 at about noon on Thursday.
A smaller than usual rise in iPhone shipments has not prevented Apple from delivering its best June quarter, with the world's richest technology company registering revenue of US$53.3 billion for the third fiscal quarter.
A number of US politicians have written to Alphabet chief executive Larry Page and Apple chief executive Tim Cook, raising questions about the handling of personal information of users.
Apple's revenues for the second quarter of the current financial year rose to US$61.1 billion, a 16% rise from the corresponding quarter in the previous financial year. International sales accounted for 65% of the revenue in the quarter.
Apple chief executive Tim Cook has tweeted a quote from Steve Jobs in memory of his birthday as a touching gesture, but Ethereum scammers have hijacked replies with false promises of free money.
The data of Apple customers in China will come under the control of a state-owned company from the end of the month, with the American firm set to hand over the operation of its iCloud data centre located in mainland China to Guizhou-Cloud Big Data.
Apple sold less iPhones in the latest quarter but earned a lot more than a year ago, given the price of its iPhone X began at US$1000, according to the company's results for the first fiscal quarter of 2018. The user base of active devices rose to 1.3 billion in January.
Apple will pay taxes of about US$38 billion in order to repatriate the US$246 billion in cash it holds overseas, the company said in a statement on Wednesday.
Apple has had another good quarter, with the company reporting the second-best revenue in the company's history for the third quarter of a financial year.
Apple chief executive Tim Cook has committed to building three big manufacturing plants in the US, according to US President Donald Trump.
Google chief executive Sundar Pichai topped a list of executives from the pay TV, telecommunications and wireless industries as far as total compensation for 2016 was concerned, according to newly compiled figures.
Apple has reported a second consecutive quarter of increased revenue, with the company netting US$52.9 billion during the second fiscal quarter of the current financial year.
Apple sold a record 78.3 million iPhones during the first quarter of fiscal 2017 which ended on 31 December 2016, the company announced on Tuesday, US time.
Apple chief executive Tim Cook will receive 15% less salary and bonuses in 2016 than the previous year, after the company revealed that it had missed its sales target for the year.
Devout Apple users are lamenting the lack of innovation and that “je ne sais quoi” thrill they used to feel when a new product was released.
OPINION: A few years ago, the face of personal computing started to change from boring black and beige notebook and desktop PCs and Macs to new form factors. Surface, iPad Pro, hybrid, two-in-one — whatever you want to call them — have become the next great hope of personal computing.
A senior Apple official reassured the chairman of the Clinton presidential campaign that the tech giant would co-operate with the US government when it came to handing over "meta-data or any of a number of other very useful categories of data", as "strong encryption does not eliminate Apple's ability to give law enforcement" such data.
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