Apple is reportedly in talks for working on a chip development beyond the A17 Bionic potentially impacting all future iPhone and Mac releases according to a media report on Monday. The tech major will work on the A19 Bionic SoC, the first on a 2nm process and the M5 chip for Macs, the report said […]
Apple’s upcoming iPhone 15, the next iteration of their smartphone, has commenced production in Tamil Nadu. This move is aimed at reducing the gap between their operations in India and their primary manufacturing hub in China. A facility operated by Foxconn Technology Group in Sriperumbudur is preparing to produce the latest iPhones shortly after they […]
Apple and its banking partner, Goldman Sachs, their high-yield savings account has now exceeded USD 10 billion in customer deposits. The deposit account, introduced in April, offers Apple Card users an attractive annual percentage yield (APY) of 4.15 per cent on their savings. The surge in customer deposits can be attributed to the competitive interest […]
Speculations are rife that Apple, the world’s most valuable firm, is likely to report a 1.6 per cent drop in total quarterly revenue, marking its steepest decline in third-quarter revenue since 2016. This dip in revenue is primarily attributed to a projected fall of over 2 per cent in iPhone sales during the April-June quarter. […]
Apple has become the target of a substantial GBP 785 million (USD 1 billion) class action lawsuit in the United Kingdom. The lawsuit has been brought forth by over 1,500 app developers who are expressing grievances over the company’s App Store fees. Apple’s services business, especially the App Store, has witnessed remarkable revenue growth in […]
In a recent edition of his Power On newsletter, Bloomberg’s Mark Gurman suggested that Apple’s highly anticipated M3-equipped Macs could make their debut as early as October. Gurman mentioned that following Apple’s annual iPhone event in September, there is likely to be another launch event focused on unveiling a new lineup of Macs. According to […]
Personal computer (PC) shipments during the second quarter of 2023 declined 13.4 per cent globally on a yearly basis, according to International Data Corporation (IDC) data tracker. International Data Corporation (IDC) is a global market intelligence and advisory services provider. According to IDC, this was the sixth consecutive quarter of contraction brought on by macroeconomic […]
The Tata Group is reportedly nearing an agreement to acquire Wistron’s factory in Karnataka, India, according to the news agency Bloomberg. This acquisition would mark the entry of India’s largest conglomerate into the assembly of iPhones, becoming the first local company to do so. The Wistron factory, valued at over USD 600 million, currently employs […]
Apple is ramping up its efforts in India’s retail market to boost its revenue this year. The company aims to increase sales from the 200 or so franchisee-owned exclusive retail stores in India. To achieve this, Apple has introduced a global consumer promotion and student discount at its company-owned brick-and-mortar and online stores in India. […]
Apple has encountered significant hurdles in the production of its highly anticipated Vision Pro augmented-reality headset, leading to major cuts in its production forecasts, according to a recent report by the Financial Times. Citing sources familiar with the matter, the report highlighted design complexities as the primary reason for the setbacks. Launched just last month, […]
