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Apple to launch a low-cost iPad in 2024 | All you need to know

Image Source : FILE Apple to launch a low-cost iPad in 2024 Apple is reportedly releasing a new entry-level iPad by next year 2024, but people will have to wait for it till the second half of the year.. As per the citing sources, Nikkei Asia- Apple is working with China's BYD, a key ‌iPad‌ assembler, to create and work on the new product introduction (NPI)

India to become key supplier of iPhone 16 batteries | 5 things to know

Image Source : FILE Representational Image Apple is changing its approach by getting batteries for the upcoming iPhone 16 from India instead of China. This move is part of Apple's plan to diversify where it makes its products. There's even talk that the iPhone 17 might be put together in India, which is a big shift from Apple usually relying on China for this. Here are…

Apple Sees Biggest Rally of the Year After Sales Top Estimates

Apple Inc. rallied Friday after reporting a rebound in iPhone sales last quarter, helping the world's most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.The shares jumped as much as 5.1% to $174.20, the biggest intraday gain since Nov. 30. They're now up 34% in 2023. Overall revenue amounted to $94.8 billion in the fiscal second quarter, Apple said Thursday, exceeding the $92.6 billion analysts predicted. Though the sales fell 2.5% in the period,…

Apple and Oppo Battle for Top Spot in China Phone Market

Apple Inc. and Oppo were the top smartphone makers in China over the first quarter, in a market that's still shrinking following a year of economic disruptions.Shenzhen-based Oppo had the biggest share of shipments, at 19.6%, according to IDC's latest figures, with Apple's iPhone following close behind. Counterpoint and Canalys estimates, which look at sales and shipments, handed Apple the narrow lead. The US electronics firm clinched the top spot in the final three months of last year following the release of its iPhone…

Made-in-India iPhones increase as Apple shifts production from China

iPhones made in India increased in volume and value last year as Apple moved to shift some of its production away from China to diversify its supply chain, South China Morning Post reported.In 2022, the shipment volumes of iPhones manufactured in India increased by 65 per cent year on year. In addition, the value of iPhones rose by 162 per cent, South China Morning Post reported citing a report published by market research firm Counterpoint last week. Last year, Apple accounted for 25 per cent of the value of India's…

Apple enjoys ‘symbiotic’ relationship with China, Tim Cook says

Apple enjoys a "symbiotic" relationship with China, CEO Tim Cook said on Saturday, as the iPhone giant looks to move production out of the country.Cook, who is in China to attend the high-profile China Development Forum, said "Apple and China grew together," during an interview on the role of technology in education. "This has been a symbiotic kind of relationship that I think we both enjoyed," he said at the state-run event attended by top government officials and corporate leaders. Cook's visit comes as Apple, the…

tim cook apple china: Apple enjoys ‘symbiotic’ relationship with China, says CEO Tim Cook

Apple chief executive Tim Cook said that the tech giant enjoys a "symbiotic" relationship with China on Saturday, as the iPhone giant looks to move production out of the country.Cook, who is in China to attend the high-profile China Development Forum, said "Apple and China grew together," during an interview on the role of technology in education."This has been a symbiotic kind of relationship that I think we both enjoyed," he said at the state-run event attended by top government officials and corporate leaders. Cook's…

Warren Buffett’s TSMC Selloff Backs Apple Over Its Supplier

Just months after disclosing a huge stake in Taiwan Semiconductor Manufacturing Co., Warren Buffett's Berkshire Hathaway Inc. reported dumping almost all of it. In doing so, the world's most famous investor may have left more than $1 billion in profit on the table while revealing even he may not be immune to macroeconomic jitters. Berkshire held 60.06 million American depositary receipts in the world's biggest chip manufacturer at the end of September, worth $4.12 billion at the time, according to an exchange filing.

Apple’s iPhone dominated China last quarter despite disruptions

Apple Inc. won its biggest quarterly market share in China, outrunning Covid disruptions and a global economic slowdown. Apple Inc. won its biggest quarterly market share in China, outrunning Covid disruptions and a global economic slowdown. The Cupertino, California company accounted for nearly 24% of China's smartphone sales in the last three months of 2022, according to Counterpoint Research data. It topped all manufacturers in the quarter, becoming the second-biggest seller in the country on an annualized basis

Apple Shares Hit Lowest Since June 2021 on iPhone Supply Concerns

Apple Inc. shares closed at their lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns over iPhone supply in the key holiday period. Apple Inc. shares closed at their lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns over iPhone supply in the key holiday period.The stock fell 1.4% in its third straight negative session. While Apple remains a modest outperformer for 2022, with a 27% decline that is narrower than