Apple
Government reduces import duty on mobile phone components from 15% to 10%
31 Jan 2024
In a recent move to boost the export sector of India, the Ministry of Finance announced on Tuesday, 30th January, 2024, a reduction in the import duty on components used for mobile phone manufacturing.
Apple appeals an import ban on watches amid a patent dispute
27 Dec 2023
In an attempt to overturn a ban on the import of its watches, Apple has lodged an appeal following a complaint from medical monitoring technology company Masimo.
.jpg)
Apple looks to India, Japan and South Korea for iPhone, iPad components
08 Dec 2023
Apple is reportedly seeking suppliers from India, Japan, and South Korea who can deliver vital components to its contract manufacturers in India as imports from China face government restrictions in India.
.jpg)
Walmart joins brands abandoning Elon Musk's social media platform X
02 Dec 2023
In an announcement made on Friday, 1 December 2023, Walmart confirmed that it is no longer advertising on the social media platform X
.jpg)
Tech giant Apple set to break ties with Goldman Sachs for credit card business
29 Nov 2023
Apple has decided to terminate its credit card partnership with banking giant Goldman Sachs. Apple had sent a proposal to the Wall Street Bank to end the contract in the next 12 to 15 months.
.jpg)
Apple's iPhone makes 62.5% of India’s smartphone exports, amounting to $5 billion
23 Nov 2023
In a remarkable feat, Apple Inc. has witnessed a staggering year-on-year growth of 177% in the export of iPhones from India, reaching a value exceeding $5 billion in the initial seven months of the fiscal year 2024 (April–October)
Apple settles with U.S. government for $25 million in immigration hiring dispute
10 Nov 2023
In a groundbreaking settlement, technology giant Apple Inc. will pay $25 million to resolve allegations by the U.S. Department of Justice (DOJ) that the company engaged in discriminatory hiring practices favoring immigrant workers over U.S. citizens and green card holders for specific job positions.
ESPN valued at $24 billion, Apple and Verizon among likely buyers
03 Nov 2023
According to BofA Global Research, the Disney-controlled ESPN sports network is currently exploring opportunities to attract investments from various sources
Apple CEO Tim Cook hails India as an extraordinary market with abundant growth potential
03 Nov 2023
In a recent earnings call for the fourth quarter of 2023, Apple's Chief Executive Officer (CEO), Tim Cook, emphasized that India is a "major focus" for the tech giant and expressed his satisfaction with the performance of the two Apple stores opened in the country.
Apple faces growing threat as Huawei gains traction, Chinese consumers shift loyalty
30 Oct 2023
There are several reports coming out of China that point towards an abysmal sales record for Apple’s latest iPhone model. Then the iPhone 15 has started a slower innings compared to its predecessor in the Chinese markets.
How will the new rule changes by the European Commission affect the tech giants?
07 Sep 2023
On Wednesday, 6 September 2023, the European Commission unveiled a list of service providers that meet the criteria for inclusion within the scope
Apple to acquire most of Intel’s smartphone modem business
26 Jul 2019
Almost 2,200 employees from Intel will join Apple, along with intellectual property, equipment and leases as Intel shifts focus on 5G technologies that will enable disruptive innovation in the network infrastructure
Apple to pull low-cost iPhones out of market as iPhone 6 catches fire
15 Jul 2019
Apple has stopped selling the iPhone SE, iPhone 6, 6s and 6s Plus in India and the iPhone SE will now be the entry-level model, say reports
Apple acknowledges waning demand for iPads and iPhones
03 Jan 2019
Hit by falling Chinese sales, Apple on Wednesday revised its revenue guidance for its fiscal 2019 first quarter ended on 29 December to approximately $84 billion, with other income of approximately $550 million
Trump asks Apple to pull out of China as trade war escalates
10 Sep 2018
US President Donald Trump called for Apple to make its products in the US instead of China, even as he threatened to impose levies on all of Chinese goods imported to the United States
Huawai overtakes Apple as No.2 smartphone brand; Samsung still leads
02 Aug 2018
With new launches in the premium segment, Huawei shipped more smartphones than Apple to capture the second spot in the global rankings, after seven years of Apple-Samsung dominanc
Apple reports $53.3 billion Q3 revenue boosted by global iPhone sales
02 Aug 2018
For fiscal fourth quarter, Apple expects revenue to be between $60 billion and $62 billion as the company races towards the trillion-dollar valuation mark with iPhone and services providing fuel
Apple likely to finally launch dual-SIM handsets
01 Aug 2018
Amazon set to challenge Apple with $900-bn market cap
20 Jul 2018
Amazon.com's stock market value reached $900 billion on Wednesday for the first time in 21 years as a listed company, bringing it closer to Apple, Wall Street's most valuable jewel
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
