Apple Inc on Tuesday announced a range of new products at its first event of 2022, including a low-cost iPhone SE with 5G network and M1-chip powered iPad Air. The American technology giant also introduced the M1 Ultra, a new addition in the M1 chip line-up. It is a high-performance chip, which will power its … Read more
Tesla CEO Elon Musk has trolled Apple CEO Tim Cook on Twitter over Apple’s new $19 cleaning cloth. In celebration of Apple’s new store in Istanbul, Cook tweeted on Friday: “Introducing Apple Bagdat Caddesi, our beautiful new store in Istanbul. We’re glad to be a part of this vibrant community and we can’t wait to … Read more
When Steve Jobs resigned as Apple CEO in August 2011, it marked the end of an epic 15-year burst of creative and commercial energy. Jobs’ successor, Tim Cook, was a skilled operator with no evidence of product vision. Even the most bullish Apple fans would not have imagined what’s happened since Cook took over. See … Read more
Global smartphone market grew 19 per cent (year-over-year) but declined by 7 per cent quarter-over-quarter as 329 million units were shipped led by Samsung, a report said on Thursday. Samsung retained the number one spot with shipments reaching 58 million units in Q2 2021, however, its market share declined to 18 per cent as compared … Read more
In the past too, Apple has highlighted that it sees growth opportunities in the Indian market. Technology giant Apple witnessed strong double-digit growth in emerging markets, including India, aiding the US-headquartered firm to post record third quarter revenues of $81.4 billion in April-June, 2020, quarter. “We set a new June quarter revenue record of $81.4 … Read more
Xiaomi has become the world’s second biggest smartphone maker over the past quarter following an 83% jump in shipments, according to preliminary estimates by Canalys. This marks the first occasion that Xiaomi, the Chinese maker of everything from rice cookers to gaming monitors, has broken into the top two, historically dominated by Samsung and Apple. … Read more
Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan. “We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting. … Read more
Apple is taking advantage of the low interest rate environment to raise $14 billion in debt, according to Bloomberg. The debt offering will include 40-year bonds and proceeds from will go towards buying back stock and dividend payments. Apple ended its most recent quarter with $196 billion in cash, and $112 billion in debt. Sign … Read more
Bharti Global and UK government on Friday said their joint venture OneWeb — a Low Earth Orbit (LEO) satellite communications operator — launched 36 satellites from the Vostochny cosmodrome in Russia. This takes the total in-orbit constellation to 110 satellites, part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, a … Read more