But the biggest potential threat to Apple may be something more nebulous: a resurgence in Chinese nationalism that spurs everyday consumers to shun the iPhone
Besides, Apple is reportedly working on its in-house large language model called Ajax to power its generative AI applications
It's not clear how widely the orders were issued, the newspaper added.The shares slid as much as 3.3% to $183.53 in New York on Wednesday, marking the biggest intraday drop since Aug 4
With Apple looking to diversify its supply chain away from China, catering Indian market with locally manufactured devices is step in that direction
Apple has sent out invites for its upcoming special event, titled Wonderlust, which is scheduled for September 12, where the US technology giant is expected to announce the iPhone 15 series
The new iPhones are likely to be launched at the Apple event, which is expected to be held around the second week of September
A Foxconn Technology Group plant in Sriperumbudur is preparing to deliver the newest devices only weeks after they start shipping from factories in China
Apple Watch Series 9 lineup is expected to remain the same size as the current models, at 41 and 45 mm. In terms of new features, the most noticeable would be faster processors and new colour options
After the company reported a revenue decline of 1.4% in the fiscal third quarter, Chief Financial Officer Luca Maestri said on a conference call that Apple's performance would be similar this period
The company, which just opened its first stores in the country, is planning to extend its network in India as part of an Asia-wide thrust
Apple's production schedule is closely scrutinized because of the company's broad impact
A first-generation iPhone sold at auction Sunday for USD 190,373, almost 380 times its original price of USD 499 when the groundbreaking device went for sale in 2007. LCG Auctions, which hosted the sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the same time for USD 599. That's largely because the 4GB model was discontinued two months after launch given customer preference for the larger memory size. "A new bar was set Sunday night," said Mark Montero, the founder of LCG Auctions. "We are thrilled to be a part of this fantastic record breaking sale." It is the third original iPhone to sell for record prices at auction in the past year. An 8GB model sold for USD 63,356 in February and another 8GB model fetched USD 39,340 in October 2022. All were factory sealed in their original packaging. The iPhone is one of the world's most successful electronic products and helped make Apple the first publicly held company with a USD 3 trillion market value. Th
The Tatas already have tied up with Apple vendors to manufacture iPhone enclosures, which account for 9-12 per cent of the cost of production of an iPhone
Tata group is in talks to acquire Wistron's factory in Karnataka, which is potentially valued at over $600 million and employs over 10,000 workers
The feature has assisted in the rescue of several people who have become stranded in remote areas
The value addition for iPhone vendors is currently around 15 per cent but the government expects them to hit 30 per cent by FY26
Apple iPhone 15 and Plus models are expected to come with upgraded hardware specifications. The company is planning to introduce the Ultra Wideband (UWB) chip to enhance performance.
The iPhone 16 will reportedly upgrade to Wi-Fi 7 to improve the ecosystem experience and make it easier for Apple to integrate hardware products running on the same local network
The company is keen on setting up its plant in Maharashtra but due to some challenges, it may consider Tamil Nadu as its auto manufacturing hub
In which we munch over the week's platter of news and views