Apple’s In-Home Modems, Foldable iPhones, And Tim Prepare dinner On Cupertino’s Future: This Week In Appleverse – Qualcomm (NASDAQ:QCOM)

The weekend was abuzz with information from the tech big Apple Inc. AAPL. From the event of in-house modems to the anticipated launch of a foldable iPhone, the corporate has been making waves within the tech business. Right here’s a fast round-up of the highest tales that unfolded over the weekend.

Apple’s In-Home Modem Growth

Apple is reportedly creating its personal modem know-how, internally named Sinope. This transfer might end in slimmer iPhones and introduce mobile capabilities to Macs and headsets like Imaginative and prescient Professional. The brand new modem is ready to debut subsequent yr and can step by step exchange parts from Qualcomm Inc. QCOM over three years.

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Revival of the Smartphone Market with Foldable iPhone

Apple’s reported plans to launch a foldable iPhone in 2026 might breathe new life into the foldable smartphone market, which has been experiencing waning client curiosity. Show analyst Ross Younger anticipates a progress of over 30% within the foldable market in 2026.

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See Additionally: Tesla CEO Elon Musk Agrees With Apple Co-Founder Steve Jobs On Guiding Expertise

Tim Prepare dinner on Apple’s Future and His Retirement Plans

Apple CEO Tim Prepare dinner shared insights on the corporate’s future, concerning the iPhone 16’s new digicam button, Imaginative and prescient Professional gross sales, and AirPods’ evolution. Prepare dinner additionally mentioned the choice so as to add a bodily button to the iPhone 16 for digicam management, a departure from Steve Jobs’ aversion to buttons.

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Apple Inventory Hits New Excessive Regardless of Gross sales Slowdown

Regardless of a normal market slowdown, Apple’s inventory soared to a brand new 52-week excessive on Tuesday, closing at $242.65. This comes at a time when stories have pointed to iPhone gross sales lagging amid a lukewarm reception to new AI options.

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Most Well-liked Free iPhone Apps in America

The newest rankings of the most well-liked free apps on Apple’s iPhone within the U.S. reveal a powerful inclination towards video games, social media platforms, and productiveness instruments. Main the pack is Block Blast, a puzzle recreation developed by Artemis Restricted.

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Photograph courtesy: Shutterstock

This story was generated utilizing Benzinga Neuro and edited by Rounak Jain