Apple News - August 2026
Viking Global Exits Apple, Sells $912M Stake
Andreas Halvorsen's Viking Global sold its entire position in Apple (AAPL) during the second quarter of 2026, according to a recent SEC filing. The firm...
Apple Lays Off VR Team, Shifting Focus to Smart Glasses and AI
Apple laid off at least 60 employees from a dedicated virtual reality development team within its Vision Products Group. This move signals a strategic pivot...
Apple Admits Regulatory Pressure is Hurting its High-Growth Services Business
Apple has conceded in its latest SEC filing that regulatory changes aimed at loosening its control over the App Store are having a negative effect on its...
Apple shares slide on Jefferies downgrade, cites canceled all-glass iPhone
Apple shares fell more than 2% in pre-market trading following a rating cut from Jefferies. The firm downgraded the stock from Hold to Underperform and reduced...
Apple sues OpenAI for trade secret theft, targeting consumer hardware push
Apple filed a lawsuit against OpenAI and former executives Tang Tan and Chang Liu in July 2026. The legal action alleges a coordinated effort to steal...