consumer electronics

Foxconn reports record August revenue, says Q3 to beat expectations

Foxconn Hon Hai Precision Industry Co., Ltd. said on Saturday that its third-quarter results are expected to outperform market expectations, buoyed by persistent demand for artificial intelligence hardware and the start of the peak season for consumer electronics.

Apple shares dip as new CEO Ternus faces first launch event

Apple shares fell about 2% on Friday, closing near $321 after opening at $328.30 and dipping as low as $317.86, as investors digested the company's first leadership change in 15 years alongside anticipation for a packed product launch next week.

Apple to unveil 14 products by early 2027, Bloomberg reports

Apple will hold its "Surprise and Shine" event on Wednesday, September 9, marking new CEO John Ternus's first major product showcase and what Bloomberg's Mark Gurman describes as the start of the company's most ambitious run of new devices in…

Global smartphone prices climb 15% in 2026 amid memory shortage

The era of affordable smartphones is ending. Global retail prices for existing smartphones have climbed 15% on average so far in 2026, with new device launches arriving 25% more expensive than their year-ago predecessors, as manufacturers pass soaring memory and…

Apple stock defies Jefferies’ bearish call as new CEO Ternus prepares for Sept. 9 launch

Apple shares closed at $324.96 on Wednesday, September 2, hovering near record levels and well above the $263.66 price target set by Jefferies analyst Edison Lee, who downgraded the stock to Underperform from Hold in August. The gap between the…

Vodafone leak reveals pricing for Apple’s first foldable iPhone

Apple is six days away from what could be its most consequential product launch in years. The company's "Surprise and Shine" event, confirmed for Wednesday, September 9, at 10 a.m. Pacific Time at Apple Park in Cupertino, California, is expected…

Morgan Stanley sees $14B boost from Apple’s foldable iPhone

Apple's first foldable iPhone could contribute roughly $14 billion in revenue during the December quarter, Morgan Stanley said in a research note published this week, calling the company's September 9 product event the most consequential since the iPhone X launched…

iPhone 18 Pro faces up to $300 price hike ahead of Sept. 9 unveiling

With Apple set to unveil the iPhone 18 Pro and iPhone 18 Pro Max at its "Surprise and Shine" event on September 9, analysts are converging on one uncomfortable consensus: the new flagship iPhones will cost more, potentially much more,…

PC DRAM prices hit record as AI chip demand devours supply

The insatiable demand for memory chips to power artificial intelligence infrastructure is starving the consumer PC market of supply, sending prices for commodity DRAM to record highs and forcing shoppers to pay more for less computing power.

John Ternus takes over as Apple CEO Monday with AI as top priority

John Ternus officially becomes Apple chief executive officer on Monday, stepping into the role vacated by Tim Cook after a 15-year tenure that transformed the company into the world's most valuable technology enterprise. Ternus, a 25-year Apple veteran who most…

Apple’s Sept. 9 event to feature foldable iPhone, AirPods 5

Apple is set to hold its fall launch event on Wednesday, September 9, with a packed lineup that includes the iPhone 18 Pro, iPhone 18 Pro Max, the company's first foldable iPhone, new Apple Watch models, and AirPods 5. A…

Samsung launches Galaxy S26 FE at $699 amid memory chip crunch

The global memory chip shortage reshaping the consumer electronics landscape reached a new inflection point this week as Samsung launched its Galaxy S26 FE at $699 — $50 more than its predecessor — while Apple prepares to raise iPhone prices…

IDC predicts Apple’s foldable iPhone will ship 10M units in its first year

Apple Inc. is poised to reshape the foldable smartphone market with its first foldable iPhone, which research firm International Data Corporation projects will ship more than 10 million units in its debut year despite a price tag of around $2,500,…

Apple sets Sept. 9 event to unveil foldable iPhone

Apple on Wednesday confirmed its annual fall product event for September 9, titled "Surprise and Shine," where the company is expected to unveil its first foldable iPhone alongside updated Pro models. The event will begin at 10 a.m. PT at…

Apple set to launch seven products in September

Apple is poised to hold one of its busiest product launches in years next month, with multiple reports pointing to September 9 as the date for an event that will introduce the iPhone 18 Pro, iPhone 18 Pro Max, and…

Amazon hikes Echo, Kindle, Fire TV prices up to 60% amid chip shortage

Amazon Amazon.com, Inc. has raised prices across its consumer hardware lineup by as much as 60% in the United States and up to 44% in Germany, citing surging costs for memory and storage components driven by a global chip shortage…

AI-driven ‘chipflation’ compresses years of price hikes into six months

The global artificial intelligence boom has created a memory chip shortage so severe that years of typical consumer electronics price increases have been compressed into just six months, a phenomenon that Morgan Stanley analysts dubbed "chipflation" in June and that…

Apple’s September event expected to feature 10+ new products

Apple is gearing up for what could be its most expansive September product launch in years, with more than 10 new devices expected to debut at a keynote widely predicted for Wednesday, September 9. Invitations to press and guests could…

Apple to debut foldable iPhone, skip standard model at September event

Apple is preparing to break from over a decade of tradition with its fall iPhone event, expected to take place on September 9. Rather than debuting an entire iPhone lineup at once, the company plans to unveil only its premium…

Apple’s foldable iPhone faces supply woes ahead of Sept. 8 unveiling

Apple is expected to unveil its first foldable iPhone at a September 8 event alongside the iPhone 18 Pro lineup, but production constraints and testing issues mean buyers — particularly those outside the United States — may face weeks or…

Memory chip shortage fuels ‘chipflation’ across consumer electronics worldwide

A global memory chip shortage fueled by voracious AI data center demand is pushing up prices for consumer electronics from smartphones to gaming consoles, in a phenomenon the industry has dubbed "chipflation." The crisis shows no sign of easing, with…

Apple’s foldable iPhone Ultra to face staggered global rollout, reports say

Apple is preparing to unveil its first foldable iPhone at a September event, but customers outside the United States may have to wait months to get their hands on the device. Reports published on August 13 indicate the phone, internally…

Google unveils Pixel 11 with higher prices, less RAM

Google Alphabet Inc. unveiled its Pixel 11 lineup on Wednesday, August 12, confirming price increases and reduced RAM configurations across multiple models as the global memory chip shortage continues to reshape smartphone economics.

Apple eyes $100 iPhone price hike amid DRAM shortage

Apple is scaling back its 2026 hardware shipment plans as a worsening global DRAM shortage squeezes production across its lineup, while mounting evidence points to price increases on the iPhone for the first time since the memory crisis began.

Apple supplier confirms standard iPhone 18 delayed to 2027

Apple is reshaping its fall iPhone lineup in a way the company has never attempted before. Rather than launching a full range of models this September, Apple will release only the iPhone 18 Pro, iPhone 18 Pro Max, and a…

Google unveils Pixel 11 lineup, Pixel Watch 5 and Pixel Tag tracker

Google Alphabet Inc. held its Made by Google 2026 event on Wednesday, unveiling four new Pixel 11 phones, the Pixel Watch 5, and a new Bluetooth tracker called the Pixel Tag — the company's first direct competitor to Apple's AirTag.

Apple’s foldable iPhone called ‘iPhone Ultra’ internally, Gurman says

Bloomberg's Mark Gurman revealed on Tuesday that Apple employees have broadly adopted the name "iPhone Ultra" for the company's upcoming foldable smartphone, adding weight to months of speculation about how the device will be marketed when it launches this fall.

Bloomberg says iPhone glass redesign on track after reports of cancellation

Jefferies analyst Edison Lee on Monday said Apple has canceled its planned all-glass iPhone, originally expected to debut in September 2027 to mark the device's 20th anniversary, citing poor production yields that made mass manufacturing unviable. Hours later, Bloomberg reported…

Jefferies downgrades Apple, says all-glass iPhone canceled

Jefferies on Monday downgraded Apple to Underperform from Hold and cut its price target to $263.66 from $285.56, after supply-chain checks indicated the company has scrapped a planned all-glass iPhone that was expected to launch in September 2027. Apple shares…

OpenAI’s AI device will be doughnut-shaped, cost over $300

OpenAI's long-awaited consumer AI device will be a doughnut-shaped smart speaker roughly the size of a hockey puck, priced at more than $300, and featuring moving parts designed to give it personality, Bloomberg reported on Thursday.