Apple used Google's chips to train two AI models, research paper shows

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Global smartphone market: Android continues to lead recovery

July 30, 2024 12:09 PM EDT

The global smartphone market saw positive momentum in June 2024, with Android devices at the forefront of the recovery, according to UBS analysts.

The bank told investors in a note that total sell-through for smartphones in June reached 97.3 million units, marking a 6.2% year-over-year (YoY) increase and a 3.5% month-over-month (MoM) rise. This continues a trend of sequential YoY sell-through growth observed in April and May.

The U.S. market demonstrated significant improvement, says UBS, with sell-through... More

Apple's iPhone is 'ceding share in all markets except Europe': UBS

July 30, 2024 11:10 AM EDT

UBS analysts said in a note to clients this week that in the June quarter, Apple's (NASDAQ: AAPL) iPhone is losing market share in nearly all regions except Europe.

According to the latest UBS note, iPhone units were down approximately 1% during the quarter, despite the global smartphone market growing by 6% year-over-year.

"iPhone sell-through was up just 1% to 15.6 million in the month of June, leading to a small ~50 basis... More

Apple used Google chips to train AI models - reports

July 30, 2024 5:40 AM EDT

Apple (NASDAQ: AAPL) has used chips designed by Google (NASDAQ: GOOGL) over those from industry leader Nvidia (NASDAQ: NVDA) for two crucial components of its AI software infrastructure, reports revealed on Tuesday, citing the iPhone makers latest research paper.

Despite Nvidia's dominance, commanding about 80% of the market alongside chips from Google, Amazon.com (NASDAQ: AMZN), and other cloud computing companies, Apple... More