
Apple Releases Update for iPhone, iPad With ‘Important Bug Fixes and Security Updates'
The security update was issued as part of the company's move to release iOS 18.6 and iPadOS 18.6, which impact later-model iPhone and iPad models, respectively.

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Yahoo
10 minutes ago
- Yahoo
Why Shares of Apple Are Surging Today
Key Points Earlier this week, Apple announced a $600 billion investment in the U.S. That seemed to lower tensions between the company and President Donald Trump. One Wall Street analyst views the event as positive and raised his price target on the stock. 10 stocks we like better than Apple › Shares of Apple (NASDAQ: AAPL) traded nearly 4.3% higher as of 2:35 p.m. ET today. Analysts are more optimistic that the company has squashed some of the tariff drama with President Donald Trump's administration. Investing $600 billion in America will pay off for shareholders Many large tech companies have been in the crosshairs of the Trump administration, which seeks to bring more manufacturing back to the U.S. Trump recently announced that he would slap a 100% tariff on semiconductor imports unless companies are building or investing in the U.S. Earlier this week, Apple, which is one of the hardest-hit large tech companies by tariffs, announced a $600 billion U.S. investment. While it sounds costly, it's the better alternative to higher tariffs, Melius Research analyst Ben Reitzes wrote in a note today. Reitzes also reiterated a buy rating on the stock and raised his price target by $20 to $260. "It relieves Apple from paying incremental tariffs on U.S.-bound iPhones from India," Reitzes said, adding that a stronger iPhone production cycle could begin in the fall. "We are going to take a risk here and raise our target and our numbers, taking out a huge portion of our tariff hits." One problem potentially solved Apple's stock has struggled this year because of how much of the company's production is abroad in China, India, and Vietnam. Even after the big run this week, shares are still down about 5.5% on the year. The company has also struggled to convince investors that it has a strong road map in place for artificial intelligence. While that challenge remains, removing some of the tariff overhang is certainly a big step in the right direction and allows the company to focus more on its core business. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. Why Shares of Apple Are Surging Today was originally published by The Motley Fool


CNBC
9 hours ago
- CNBC
In a pivotal week for tariffs, how Apple shined and drove the Nasdaq to new highs
The stock market bounced back this week. The S & P 500 on Friday rose above its July 28 record close but finished just shy of it. The Nasdaq did, however, finish at a new record closing high. It was a strong week dominated by tariff headlines and Apple's success in appeasing President Donald Trump with a big U.S. investment commitment. Club earnings were also on our radar. For the week, the S & P 500 gained 2.4%, and the Nasdaq advanced 3.9%. Apple stock led the way higher, surging more than 13% this week and turning in its third-best weekly performance in the past decade. It was our top stock, ending the week on a three-session winning streak that started Wednesday when Apple announced a $100 billion increase to the $500 billion it had already pledged to investing in the United States over the next four years. As part of that investment, Apple will fund a $2.5 billion expansion of iPhone and Apple Watch glass maker Corning . Apple is also investing in U.S. semiconductor manufacturing capacity. As a result of the commitment, Trump said that Apple will be exempt from the 100% tariff he announced Wednesday on semiconductor imports. The president said, "If you're building in the United States of America, there's no charge." While a temporary electronics exemption from earlier this year keeps Apple safe from the worst of the "reciprocal" tariffs that went into effect Thursday, there is no telling how long that exemption will last. So, it's great that Cook managed to get back into Trump's good graces, and the stock move this week reflects that. Apple shares, however, have been struggling and were still down more than 8% year to date. With Trump off its back for now, the company must seize the opportunity to remove the other concerns about its stock by clarifying its artificial intelligence strategy and shoring up threats to its high-margin services business. AAPL YTD mountain Apple YTD Also, this week, Trump announced a 25% increase on India's tariff rate due to Russian oil purchases. It's set to go into effect on Aug. 27, which would bring the levy rate on India up to 50%. We'll have to see where that shakes out as India is where Apple manufactures the iPhones it plans to sell in the U.S. The rest of the world will get iPhones made in China, which is still talking to the U.S. about a trade truce. Trump told CNBC on Tuesday that he's looking to implement a "small tariff" on pharmaceuticals, but the rate will increase over time. He said that a level as high as 250% is not out of the question. That news was no picnic for drug stocks, which are already under pressure from the president to cut prescription prices. As if that weren't enough, Eli Lilly stock took another leg down as strong earnings Thursday were overshadowed by lackluster weight loss results from the company's phase three trial looking at the effects of its obesity pill, orforglipron. The trial data forced us to downgrade shares to our looking-for-a-level-to-sell 3 rating and cut our price target. Lilly shares suffered a weekly loss nearly 18%, the worst week since October 2008. The Club stock was our bottom performer for the week. Within the Club portfolio this week, we also heard from five others, including DuPont , which reported a beat and raise quarter with strong cash flow results. The stock reaction did not, in our view, reflect the strength, so we reiterated our buy-equivalent 1 rating, upped our price target, and stepped in to pick up 100 more shares. DuPont stock rose less than 1% this week. Coterra Energy released largely positive results, driven by higher-than-expected total production. However, strong as the execution by management is, Jim Cramer said, "You can't outrun your commodity, not if both commodities you're in are bad," prompting us to reiterate our 3 rating and trim our price target. Coterra shares gained nearly 1.4% on the week. Eaton reported a beat-and-raise quarter. However, investors took issue with management's third-quarter outlook and 2025 profit guidance. The midpoint of full year adjusted earnings per share guidance was raised, management shaved a little off the top end. Nonetheless, we saw a lot to like beyond the third quarter and, therefore, raised our Eaton price target and upgraded shares back to a 1 rating. Eaton stock lost nearly 4.9% this week. Disney's quarter wasn't the cleanest, but we saw strength in all the right places. While sales missed, earnings beat. We also saw operating income beats in streaming, sports, and experiences. As a result, we upgraded shares back to a 1 rating and raised our price target. Disney shares lost more than 3.5% on the week. Texas Roadhouse reported mixed results. Sales outpaced expectations; however, profitability took a hit due to elevated beef prices. The restaurant chain operator delivered strong comparable sales and said the ongoing third quarter was off to a great start. With demand clearly strong but profitability coming under pressure, we opted to maintain our 2 rating. Texas Roadhouse stock lost 5.5% this week. According to FactSet, 90% of S & P 500 companies have now reported second-quarter results, and 81% of them have posted upside surprises for both sales and earnings. The data provider said, "Both the percentage of S & P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises are above their 10-year averages." The report also noted that, versus the year-ago period, nine S & P 500 sectors have reported earnings growth, led by communication services, information technology, and financials, while the other two, energy and materials, have reported year-over-year declines. Dow stock Cisco Systems , our newest name, is the only portfolio company reporting earnings next week. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.


CNET
9 hours ago
- CNET
Prime Members Can Grab the Lamicall's 3-in-1 Apple Charging Station at a 50% Discount Now
If you own multiple devices like an iPhone, AirPods and an Apple Watch, you know how charging all of these things can get a little crowded, as you need three different cables to top everything off. But there are some all-in-one solutions, like this Lamicall 3-in-1 Charging Station for Apple devices. Right now, you can grab this nifty charging station for just $20, which is $20 (50%) off the regular $40 price if you're a Prime member. Instead of having three cables to charge up your iPhone, AirPods and Apple Watch, this portable travel charger from Lamicall can charge all three at once. Best of all, it's streamlined into one clean charger that's also foldable, so you can get the perfect viewing angle on your iPhone while it charges. Hey, did you know? CNET Deals texts are free, easy and save you money. This three-in-one charging station has a unique cooling system so that it won't overheat when charging multiple devices simultaneously. Lamicall included a temperature control chip in the charger itself, as well as multiple heat dissipation holes and a heat-dissipating metal plate at the base. With all of this combined, it can effectively reduce the temperature by 30% compared with other charging stations. Lamicall didn't compromise on the quality either, the charger has stable and rapid wireless charging, so your devices will get topped off as fast as possible. Hey, did you know? CNET Deals texts are free, easy and save you money. For older iPhones, the charger can be laid flat and charge wirelessly, but if you have a MagSafe-compatible iPhone, then you can fold out the adjustable arm hidden underneath and stick your phone to the magnetic ring. This makes the charging station convenient to use for hands-free viewing of videos, video calls and more. Lamicall's charging station also has a non-slip pad behind the MagSafe stand so that when you charge up your AirPods or other wireless accessories, the charging stand won't move around. For the Apple Watch charger, it folds up into position when needed and stays flat and out of the way if you're not rocking one. It's worth noting that while folded out, the area under the Apple Watch charger lights up, but it shuts off after a few minutes so that it won't disturb your night's rest. There are also light indicators on the front of the charging station to show you which devices are charging, which is a nice touch. Lamicall also includes a 20-watt charging adapter and 5-foot USB-C charging cable, so you don't need to supply your own. Why this deal matters No one likes to have extra chargers to worry about, so an all-in-one solution just simplifies the experience. And this portable charging station is also very compact, so you don't need a lot of space to use it. At just $20, it's much cheaper than buying separate chargers for your iPhone, AirPods and Apple Watch, and this is a great option for travel.