Apple could be disrupted by the rise of ChatGPT plugins, according to Ark Invest’s Cathie Wood. She made the comment as Apple’s $2.73 trillion market value eclipses the collective market cap of the Russell 2000. The only way to justify Apple’s current valuation is if its health care and payments bets succeed, Wood said. The … Read more
In an ambitious manufacturing move in India, the Tata Group has started making the Apple iPhone within the country as it seeks to acquire the Narasapura factory, outside Bengaluru, of Taiwanese giant Wistron, multiple sources have told TOI. The move comes within weeks of Apple CEO Tim Cook having a detailed meeting with Tata Sons … Read more
In a bid to diversify production away from China, Apple partner and Taiwanese multinational electronics contract manufacturer Foxconn on Monday acquired 1.2 million square metre or 13 million square foot land in the Devanahalli area near the Bengaluru airport in Karnataka, reported Focus Taiwan, the national news agency of the Republic of China. Foxconn subsidiary … Read more
Apple outshines all of Berkshire Hathaway’s businesses, Warren Buffett says. The Berkshire CEO emphasized the immense value Apple’s customers place on their devices. Buffett touted the fact that Berkshire’s Apple stake grows as the tech titan buys back stock. Apple outclasses every single one of Berkshire Hathaway‘s subsidiaries, Warren Buffett says. “It just happens to … Read more
As AI chatbots rise, Apple is now reportedly experimenting with language-generating artificial intelligence (AI). The Cupertino-based tech giant recently held an internal event that focused on AI and large language models, reports The New York Times. Several teams including people working on Siri voice assistant are testing “language-generating concepts” regularly. Siri, along with Alexa … Read more
Apple is reorganising the management of its international businesses to give more focus on India, which has become an important market for the company. This marks the first time that India will be its own sales region at Apple, highlighting the nation’s growing significance. According to Bloomberg sources, the shift is happening after the retirement … Read more
Apple Inc.’s walled garden around its technology is as synonymous with the iPhone maker as the iPhone itself. It is how Apple lures consumers into buying expensive earphones, watches and speakers that work seamlessly with that rectangular slab in their pockets, and ultimately what locks people in to Apple products. That has been great … Read more
Apple and Aramco are the world’s top two companies by market capitalization. The combined market cap of Aramco and Apple is six times that of Tesla, at today’s stock price. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk, … Read more
Apple CEO Tim Cook discussed AR, VR, and more in a new interview with Dutch media outlet Bright. He said Apple avoids using the term “metaverse” because the average person doesn’t know what it is. The tech giant’s approach is a stark contrast to Mark Zuckerberg’s obsession with the metaverse. Something is loading. Apple CEO … Read more