Tag: Apple

With $62.9 bn revenue, Apple has $237 bn in cash on hand

San Francisco: Riding on robust growth in Services, App Store purchases and device sales, Apple reported $62.9 billion in revenue in its fiscal fourth quarter for 2018, ending with $237.1 billion in cash on hand. Apple sold 46,889 iPhones (it sold 41,300 units in fiscal Q3), 9,699 iPads and 5,299 Macs in the fiscal fourth […]

  • Thursday, 08 July 2021
Apple likely to launch iPads, Macs on Oct 30

San Francisco: Apple is likely to launch new iPads and Mac computer lineup on October 30 at an event in Brooklyn, the media reported. Apple sent at least two versions of its invite. One, colourful with sketched of images of people, buildings and other items, possibly indicating a new Apple Pencil or other artistic features, […]

  • Thursday, 08 July 2021
Apple Watch to now connect hip, knee patients to doctors

San Francisco: Apple and Zimmer Biomet, a global leader in musculo-skeletal healthcare, have launched a major clinical study where an app on Apple Watch and iPhone will guide knee and hip replacement patients through pre- and post-operation care. The “mymobility” app that uses Apple Watch to facilitate a new level of connection between patients and […]

  • Thursday, 08 July 2021
Apple acquires music analytics start-up 'Asaii'

San Francisco: In a bid to further cement its position in the global music space, Apple has acquired “Asaii,” a start-up developed music analytics engine for music labels and artist managers, the media reported on Monday. According to a report in Axios, the deal was worth nearly $100 million. “Asaii’s products collect data from music […]

  • Thursday, 08 July 2021
Apple inks $600 mn pact with Dialog Semiconductor

London: In line with its efforts to build faster chips, Apple has committed $600 million to buy a part of Dialog Semiconductor and also purchase products from the remaining part of the chipmaker which is headquartered near London. The pact involves Dialog giving Apple license to certain of its power management integrated circuits (PMICs), transferring […]

  • Thursday, 08 July 2021
Apple loses billions of dollars over iphone repair fraud

San Francisco: Fraudulent iPhone repair claims made in China cost Apple billions of dollars over a period of five years, according to a report in The Information. As part of the highly sophisticated fraud scheme run by organised teams, rings of thieves were buying or stealing iPhones and removing valuable components like CPUs, screens and […]

  • Thursday, 08 July 2021
Apple world's top brand, Facebook slips to 9th spot: Report

San Francisco: Apple displaced Google to become the top brand in the world in 2018 while Facebook, mired in data breach controversies, fell to ninth place in the top 100 brands globally, an annual report said on Thursday. According to global brand consultancy Interbrand’s “Best 100 Global Brands 2018” report, Amazon achieved a 56 per […]

  • Thursday, 08 July 2021
Google-Apple
Google may pay $9 bn to remain Apple's default search engine

San Francisco: Google is reportedly paying Apple a whopping $9 billion in 2018 to remain the default search engine for iPhone’s Safari browser on iOS, the media reported. According to Goldman Sachs analyst Rod Hall (via Business Insider), this number would only continue to grow, potentially leading to a payment of $12 billion in 2019, […]

  • Thursday, 08 July 2021
Apple's new iPhones, Watch Series 4 now on sale

San Francisco: Apple has announced that its newly-launched iPhone “XR” , “XS”, “XS Max” and “Watch Series 4” are going on sale globally from Friday. The new iPhones and Apple Watch Series 4 will be available in India starting September 28. In India, one would have to shell out Rs 12,075 a month, as zero-cost […]

  • Thursday, 08 July 2021
Apple-car
Apple unveils 3 iPhones with dual SIM, impressive cameras

San Francisco: Apple officially introduced its 2018 line-up of iPhones — the premium iPhone XS, iPhone XS Max and iPhone XR at an event in California late on Wednesday. The iPhone XS and iPhone XS Max will support dual SIM and dual standby functionality. The premium iPhone XS and XS Max come with upgraded 12MP […]

  • Thursday, 08 July 2021
Apple in talks with US dailies to join subscription service

San Francisco : Putting weeks of rumours to rest that said Apple was planning to enter the magazine distribution business with its own curated subscription service, the company is now talking to some of the biggest newspapers in the US about adding their stories to Texture — the magazine app it acquired in March. “Apple […]

  • Thursday, 08 July 2021
Apple dominated global wearables market in Q2 2018

San Francisco: Apple dominated the global wearables market in the second quarter of 2018 with a total share of 17 per cent as the market ticked up 5.5 per cent, an International Data Corp (IDC) report said on Wednesday. Cupertino-based Apple maintained its top position in the wake of continued demand for its LTE-enabled Watch […]

  • Thursday, 08 July 2021
Amazon
Amazon becomes second $1 trillion company in US

New York : Amazon on Tuesday became the second US public company after Apple to hit the $1 trillion valuation mark. Last month, Apple became the first US company to become a $1 trillion company. According to a report in CBS News, Amazon shares hit $2,050.49 — climbing 1.5 per cent in the morning trade […]

  • Thursday, 08 July 2021
Apple-car
Apple car may become reality in 2023

Hong Kong: As industry watchers think that Apple car is dead, the iPhone maker could launch it anytime between 2023 and 2025, a top Apple analyst with Hong Kong-based TF International Securities has claimed. “Apple will earn its 2 trillion dollar market cap through its services business, an Augmented Reality headset, and an Apple Car, […]

  • Thursday, 08 July 2021
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Apple hits record market cap of $1 trillion

New York: Apple on Thursday became the first publicly traded US corporation to reach a market capitalization of $1 trillion, beating other tech giants, such as Amazon, Alphabet and Microsoft, in the race to reach the milestone. After closing up nearly 6 percent in the previous trading session, Apple shares climbed another 2.4 per cent […]

  • Thursday, 08 July 2021
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