Apple

Apple Faces Criminal Complaints, Develops Foldable iPad Amid More Than 35% YTD Gain – Yahoo Finance


Apple (AAPL, Financials) has shown a year-to-date stock increase of around 36.8%, which reflects strong investor confidence in spite of recent difficulties and developments.

Alleging the use of conflict minerals in their supply chain, the Democratic Republic of Congo has criminal accusations against Apple’s subsidiaries in France and Belgium. Apple has refuted these claims, pointing to rigorous supplier policies and auditing procedures meant to guarantee ethical procurement, Reuters notes.

Apple is allegedly developing its first foldable iPad, which should hit the market in 2028. Aiming to deliver a smooth user experience without obvious hinges, industry rumors indicate the tablet might have a 22-inch display when unfurled, according to some media reports.

Apple intends to stop the iPhone SE and iPhone 14 series from being sold in Europe by 2025 in line with new European Union rules requiring USB-C charging connectors on all mobile devices. A fourth-generation iPhone SE with USB-C capability is supposed to be unveiled by the firm in July.

Apple has improved its Maps online tool meantime by including the “Look Around” function, which provides street-level views of big cities. This update closes the functionality difference between the iOS and macOS versions and the web one.

Apple’s Magic Mouse design also helps to allay long-standing customer worries. In eighteen months, a new model is expected to arrive with a relocated USB-C charging connection enabling use even whilst charging.

This article first appeared on GuruFocus.



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