It was a busy week for Apple Inc. AAPL with a series of events that kept the tech giant in the spotlight. From a secretive court hearing in the UK to the launch of a Metallica concert experience for its Vision Pro headset, Apple made headlines for various reasons. Let’s dive into the major stories.
Apple’s Secret Court Hearing In The UK
On Friday, a private court hearing believed to be an appeal by Apple against a UK government demand for backdoor access to its encrypted cloud systems took place in London. The public and media were not allowed to attend the hearing, which reportedly centered on a controversial “technical capability notice” issued to Apple by the British government.
Metallica Concert Experience On Vision Pro
Apple is hoping to rekindle interest in its struggling Vision Pro headset with a virtual concert featuring Metallica. The immersive 25-minute concert, filmed with 14 ultra-high-resolution 180-degree cameras and powered by Spatial Audio, will be available to Vision Pro users.
iPhone 16e Outperforms iPhone SE
The newly released iPhone 16e has seen strong initial sales, outperforming the third-generation iPhone SE by 60% in its first three days. However, analysts predict that this won’t be enough to counterbalance Apple’s declining sales in China this year.
Apple Stock Under Pressure
Apple’s stock is facing significant selling pressure, with shares down 10.85% year-to-date, 8.22% in the past month, and 1.56% on Friday alone.
Major Overhaul For iPhones After iOS 19
Apple is reportedly planning one of the most dramatic software overhauls in its history. The upcoming iOS 19 is expected to transform the iPhone’s interface, featuring significant updates in icons, menus, apps, system buttons, and windows. The design is said to be loosely based on the Vision Pro's visionOS interface.
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This story was generated using Benzinga Neuro and edited by Rounak Jain
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