Man Who Called Nvidia at $1.10 Says Buy This Now...

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."

Apple's Warranty Updates, iPhone Support Duration, And More: This Week In Apple News

Benzinga Neuro
June 09, 2024

The past week has been a rollercoaster for Apple Inc. (NASDAQ:AAPL), with significant updates and revelations making headlines. From changes in warranty policies to the revelation of the iPhone support period, Apple has been in the spotlight. Here’s a quick round-up of the top stories.

Apple’s New Stance on Hairline Cracks

Apple has reportedly ceased covering hairline cracks on iPhone and Apple Watch displays under its standard warranty. This shift means customers will now have to foot the bill for such repairs, a departure from the previous policy. Previously, single hairline cracks were considered screen defects and were covered for free. Now, all hairline cracks are being treated as accidental damage.

Read the full article here.

Apple’s iPhone Support Duration Revealed

In compliance with the UK's Product Security and Telecommunications Infrastructure (PSTI) regulation, Apple has disclosed the minimum period for which it will provide security updates to its iPhones. The iPhone 15 Pro Max will receive security updates for a minimum of five years from the first supply date.

Read the full article here.

See Also: Exclusive: Apple Supplier Behind Supercomputer Donated To OpenAI Predicts AI Server Sales Tripling To $31B

Apple’s Back To School Promotion

Apple is reportedly preparing to launch its annual Back to School promotion for university students in the U.S. and Canada. The promotion, as advertised on Instagram, offers a gift card of up to $200 for Mac purchases.

Read the full article here.

iPhone 16 to Feature World’s Thinnest Bezels?

A new leak suggests that Apple’s upcoming iPhone 16 Pro could feature the world’s thinnest bezels, potentially outshining the current record holder, Samsung Galaxy S24.

Read the full article here.

Nvidia Surpasses Apple in Market Cap

Nvidia Corp. has surpassed Apple in terms of market capitalization, becoming the second most valuable company in the world. This development fulfills a prediction made three months ago by analyst Ming-Chi Kuo.

Read the full article here.

Read Next: Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May

Photo courtesy: Shutterstock

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

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