By news@appleinsider.com (Mike Peterson) JP Morgan has trimmed its Apple price target to $200 from $205 because of touch macroeconomic conditions, despite the company’s strong March quarter results that prove it’s a “safe haven” for investors.Apple iPhone modelsIn an note to investors seen by AppleInsider, JP Morgan lead analyst Samik Chatterjee notes that Apple managed to deliver upside to revenue and earnings amid geopolitical disruptions, supply chain constraints, and a resurgence of Covid-19 in some regions. …
By news@appleinsider.com (Stephen Robles) On this week’s AppleInsider Podcast, Apple launches its self service repair program, a beta firmware update slightly improves the Studio Display FaceTime camera, Apple Podcasts adds new collections, and there are new iOS and watchOS WWDC rumors.Apple’s new Self Service Repair program is …
By news@appleinsider.com (William Gallagher) Snap, the company behind Snapchat social media, has unveiled a drone named Pixy, which is specifically made for taking selfies.Snapchat, which has recently …
By news@appleinsider.com (Mike Peterson) Apple is not providing revenue guidance for the June quarter, but says that it expects a $4 billion to $8 billion impact from Covid-19 disruptions and supply constraints.Credit: FoxconnLuca Maestri, Apple’s chief financial officer, said that Apple is expecting year-over-year revenue performance to be impacted in the June quarter because Covid-19 lockdowns and existing supply constraints are affecting its ability to meet customer demand. …
