Apple

Apple bought Intel's modem group with the objective of eventually replacing Qualcomm with internal 5G modems. Formerly expected, but now highly improbable, is that Apple will switch to internal modems before the expiration period. The two patents have expiration dates of 2029 and 2030, respectively, and Apple's efforts to get them canceled ended on June 27 when the Supreme Court denied Apple's plea to revive the patent issue. 

According to Counterpoint's Global Monthly Handset Sales Tracker for April 2022, the top ten smartphone models, which included Apple, Samsung, and Xiaomi, accounted for 21% of the global smartphone market. Xiaomi's Redmi Note 11 LTE secured a place in the top ten of the list of the most popular smartphones sold worldwide. Samsung earned four spots on the list. Five of Apple's newest iPhone 13 models topped the list. 

Apple revealed a new version of CarPlay that will be incorporated deeper into the fundamental driving systems of automobiles. The new automotive dashboard software will be able to supply data for all of the driver screens in the vehicle, showing statistics such as speed, fuel levels, and miles. It will also display iPhone-powered widgets. Apple CarPlay will combine the best of both worlds: the iPhone and the car. 

Apple is planning to release a new HomePod smart speaker in late 2022 or early 2023. According to supply chain expert Ming-Chi Kuo, Apple is planning to deliver the next HomePod model in the fourth quarter of this year or the first quarter of next year. This will most likely be a larger model than the HomePod mini, but one with features that will help lower the price from $300. 

Four giant companies suffered a loss of $315 billion after Apple updated its iOS, in 2021. As per reports, users had to opt-in instead of opt-out allowing users to ad-track by social media apps like Facebook and Twitter. This change is estimated to cost Meta Platforms an estimated $10 billion in revenue, in 2022, informed CFO David Wehner. "We believe management's tone around iOS impact has deteriorated,'' stated JP Morgan.