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Apple Inc News
Analysts see more gains as Amazon shares break $1,000
Wed, May 31, 2017
Among the other four largest U.S. companies by market cap, Apple and Facebook share prices have also risen nearly 33 percent this year while Alphabet has gained 26 percent and Microsoft has added 13 percent.
Softbank aims to close $100 billion fund for tech sector in 6 months
Sun, May 21, 2017
Japan's Softbank will invest $93 billion in Softbank Vision Fund that will be invested in the technology sector and it expects the total commitment in the company to reach $100 billion in six months.
Softbank-Saudi tech fund becomes world's biggest with $93 billion of capital
Sun, May 21, 2017
Private equity fund backed by Softbank Group and Saudi Arabia`s main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.
Flipkart Big 10 Sale: You can buy iPhone 7 for Rs 43,999
Mon, May 15, 2017
Soon after Amazon India concluded its four day ‘Great Indian Sale,’ on Sunday night; e-commerce major – Flipkart commenced its ‘Big 10’ sale. The sale was in honour of Flipkart who completed 10 years of operation and will offer deals from May 14 to May 18, the company said.
Apple tops $800 billion market cap for first time
Wed, May 10, 2017
"It`s just reflective of how powerful a franchise it is. It may be the most powerful franchise in the country today," said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey, whose firm does not own the stock.
Own iPhone SE for only Rs 1900; here’s how
Tue, May 09, 2017
E-commerce major, Flipkart is selling Apple Inc’s iPhone SE wrapped in seemingly attractive discounts. The phone that is being sold for Rs 27,200 in India will be available for Rs 21,999 on the e-commerce site for a flat 19% off.
Warren Buffett assails Wells Fargo, defends 3G at wide-ranging meeting
Sun, May 07, 2017
Berkshire Hathaway chairman Warren Buffett on Saturday during a meeting criticised Wells Fargo & Co for failing to stop employees from signing up customers for bogus accounts even after learning it was happening, causing a scandal.
Apple: 'Underpenetrated' in India but optimistic about future
Wed, May 03, 2017
"We set a new March quarter record for India, where revenue grew by strong double digits. We continue to strengthen our local presence across the entire ecosystem, and we're very optimistic about our future in this remarkable country with its very large, young, and tech-savvy population, fast-growing economy, and improving 4G network infrastructure," Cook said in the second quarter results earnings call yesterday.
Apple posts surprise dip in iPhone sales, shares fall
Wed, May 03, 2017
Apple sold 50.76 million iPhones in its fiscal second quarter ended April 1, down from 51.19 million a year earlier.
Samsung tips best quarterly profit in over three years as chips soar
Fri, Apr 07, 2017
Samsung Electronics Co Ltd forecast on Friday its best quarterly profit in more than three years in the January-March period, beating expectations and putting it on track for record annual earnings on the back of a memory chip super-cycle.
Apple to open App Accelerator in Bengaluru for iOS app developers
Fri, Mar 31, 2017
US tech giant Apple Inc today announced opening of 'App Accelerator' in Bengaluru, an initiative that will provide support to Indian developers and enable them to transform the design and performance of their apps on its mobile operating system iOS.
Apple drives further into Facebook, Snap territory with video app
Wed, Mar 22, 2017
Apple`s new Clips lets users post their video to Instagram, Facebook, YouTube, Vimeo and more. But if users post them to Apple`s own Messages app, Apple will recommend whom to share it with based on which friends are in the videos and whom the user frequently contacts - the kind of predictive social features Facebook excels at.
Apple to build two new R&D centres in China
Sat, Mar 18, 2017
Apple`s gets most of its products manufactured in China and also sources its best electronics engineers from the there.
With Samsung chief in jail, one-time mentor seen taking charge
Fri, Feb 17, 2017
The arrest of Samsung Group scion Jay Y. Lee on bribery charges could hamper decisions on strategic investments and acquisitions at the sprawling conglomerate, insiders and former executives say, even with a strong leadership bench at its many businesses.
Apple hits record high but leaves some investors in dust
Tue, Feb 14, 2017
The largest component of the S&P 500 and a core holding on Wall Street, Apple`s stock climbed 0.9 percent to end at $133.29, above its record high close of $133.00 hit on Feb. 23, 2015 and giving it a market value of about $699 billion.
An iPhone made in America? Not that simple
Sun, Jan 29, 2017
As US President Donald Trump pushes hard for goods to be "made in America," how realistic is it to expect Apple to stop manufacturing its iconic devices in China? The freshly installed president vowed while campaigning that he would force Apple to bring production to US soil.
Apple says dialogue with India on local expansion plans was ''constructive''
Wed, Jan 25, 2017
Apple on Wednesday said that it had constructive and open dialogue with the government of India to expand its local operations into the country.
LG's G6 to feature Google's voice assistant service
Sat, Jan 21, 2017
After launching its modular device G5 this year, South Korean electronics conglomerate LG will launch its G6 smartphone with Google voice assistant service next month, media reported.
Apple antitrust suit: Qualcomm overcharged 'billions'
Sat, Jan 21, 2017
Apple on Friday sued Qualcomm, accusing the California chipmaker of abusing its market power to demand unfair royalties, echoing charges filed days earlier by US antitrust regulators.
Apple, Amazon end audiobook exclusivity deal
Fri, Jan 20, 2017
"With the deletion of the exclusivity agreement, Apple will now have the opportunity to purchase digital audiobooks from other suppliers. This will enable a wider range of offer and lower prices for consumers," tech website theverge.com quoted Andreas Mundt, president, Germany`s Antitrust Agency, as saying.