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Apple Inc News
India to consider Apple's request for incentives with 'open mind'
Wed, Jan 18, 2017
Apple has sent a list of demands to the Indian government, seeking tax concessions and several other policy exceptions, as necessary pre-requisites before it starts production of its iPhones in India.
Smartphone revolution blazes on as iPhone turns 10
Sun, Jan 08, 2017
The smartphone continues to change the world a decade after the debut of the iPhone, even as Apple is under pressure to come up with a new wonder.
Apple cuts CEO Cook's pay as iPhone sales hit globally
Sat, Jan 07, 2017
"According to a regulatory filing on Friday, Apple said its annual sales of $215.6 billion were 3.7 per cent below its target of $223.6 billion, and its operating income of $60 billion was 0.5 per cent short of the $60.3 billion target," The Wall Street Journal reported.
India reluctant to give special tax incentives to Apple to make iPhones
Thu, Jan 05, 2017
India is resisting Apple Inc`s demand for tax incentives to make iPhones in the country, with the trade minister saying on Thursday that New Delhi may not make exceptions for the US tech giant.
Apple confirms $1 bn investment in SoftBank
Thu, Jan 05, 2017
"Apple is planning to invest $1 billion in SoftBank`s Vision Fund. We have worked closely with SoftBank for many years and we believe their new fund will speed the development of technologies which may be strategically important to Apple," the company said in a statement.
Nintendo's mobile Mario game sets download record but pricing proves sticking point
Thu, Dec 22, 2016
But Nintendo shares have lost 13 percent since the launch as the latest game to feature the princess-rescuing Italian plumber received negative reviews from users mainly complaining about its $9.99 one-time cost, rather than the usual model of paying small amounts for special features.
Japan's TDK in talks to buy iPhone supplier InvenSense
Sat, Dec 10, 2016
Japanese electronic parts maker TDK Corporation is in talks to acquire InvenSense Inc, a US chip maker that produces motion sensors for Apple Inc and Samsung Electronics Co, people familiar with the matter said on Friday.
Google tries new approach with voice on Pixel phone
Sat, Oct 29, 2016
About six months ago, people working on hardware and the voice-activated Google Assistant for the Pixel phone started sitting next to each other at the company`s Mountain View, California headquarters, hammering out minute details of its first phone.
Samsung chip sales in Q3 to ease Note 7 burn
Wed, Oct 05, 2016
Scarred by the global recall of its flagship smartphone, Samsung Electronics Co is set to report on Friday it still expects a small rise in third-quarter profit, analysts say, with healthy sales of memory chips and displays easing the pain.
BlackBerry exits smartphone design with outsourcing plan; shares up 4%
Wed, Sep 28, 2016
BlackBerry will outsource the development and design of its smartphones, a product category it helped pioneer and popularise, as the Canadian company bets on software and managing rival devices, it said on Wednesday.
Apple iPhone 7 enters 30 more countries
Sat, Sep 24, 2016
Coming in silver, gold, rose gold and the new black finish (jet black), iPhone 7 and iPhone 7 Plus will be available in 32GB, 128GB and 256GB models, starting at Rs 60,000, in India.
Taiwan's Foxconn invests $120 million in Chinese ride-hailing start-up Didi Chuxing
Thu, Sep 08, 2016
Taiwan's Foxconn has invested $119.9 million in Chinese ride-hailing firm Didi Chuxing via one of its subsidiaries, the world`s largest electronics manufacturer said on Thursday, in a deal that could value the start-up at about $33.7 billion.
EU’s tax allegations have no basis in fact or law, says Apple Inc's Tim Cook
Wed, Aug 31, 2016
Written in response to the hefty tax bill amounting to $14.5 billion that Apple Inc would need to pay to European Commission, CEO Tim Cook fought back with an open letter on Tuesday.
Apple to boost investment despite tough market conditions in China
Tue, Aug 16, 2016
Demand for Apple's phones has plummeted in China, and the government maintains a wary attitude towards foreign technology. This is at least the CEO's second trip to the country in four months.
Warren Buffett's Berkshire Hathaway raises stake in Apple by 55%
Tue, Aug 16, 2016
Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its stake in Apple Inc by 55%, boosting its bet on the iPhone and iPod maker even as prominent investors like Carl Icahn and George Soros have reduced theirs.
Apple Inc is threatening to crash Samsung`s expensive Olympics party
Wed, Aug 10, 2016
Samsung is mobile phone sponsor of the Rio Games and sells its handsets exclusively to hundreds of thousands of visitors flocking to Olympic venues - but Apple is tempting some of them outside with its own unofficial Games merchandise.
iPhone sales continue to drop, at 40 million in third quarter
Wed, Jul 27, 2016
The company said that it sold 40 million iPhones in the third quarter ended June 30, 2016 and earned a revenue of $24 billion. Unfortunately, the revenue has fallen 27% on a sequential basis and 23% from the same period a year ago.
Why did Cook-Modi meeting make China uneasy?
Mon, May 23, 2016
Apple's decision could affect the jobs of tens of thousands of Chinese workers.
Apple's CEO Tim Cook meets PM Modi to plot India strategy
Sat, May 21, 2016
Apple Inc chief Tim Cook met Indian Prime Minister Narendra Modi on Saturday, concluding a four-day trip to India that could set the stage for Apple's expansion plans in one of the world's fastest-growing smartphone markets.
Apple boss Cook to tap Indian software talent during maiden visit
Wed, May 18, 2016
Cook arrived late on Tuesday, and will meet Prime Minister Narendra Modi, and other officials, later in the week. Apple is expected to announce several more initiatives during his trip.