Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.
The maker of the iPhone was the worst- performing stock in the Dow Jones Industrial Average on Friday afternoon.
The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.
Apple stock fell 1.8% by the closing bell after financial results showed modest increases in company sales for the year.
Apple wants to pay you a $1 million bounty for hacking into its cloud servers, but how hard can it be, really?
Apple Intelligence has finally arrived. Apple devices got a little bit smarter on Monday when the tech giant officially ...
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