Wall Street had its eyes on Friday on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances. That included Apple Inc. The company posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season. Amazon reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth. Google's parent company Alphabet posted a lower profit and a small revenue increase for last year's fourth quarter, as a decline in online ad spending and competition from rivals weigh on the search giant. While overall revenue grew, advertising revenue fell by nearly 4 per cent and revenue at YouTube declined 8 per cent year-over-year. Amazon ended on Friday down 8.4 per cent and Alphabet lost 2.8 per cent. Apple bounced back, finishi
Meanwhile, it was reported that the tech giant was working on the 'Airpods Lite' version to compete against cheaper wireless earbuds
Cook said the lockdowns in China created a dual challenge where both supply and demand were constrained, with greater China sales falling 7% to $23.9 billion
Apple faced supply chain disruptions in October and November as China faced Covid surge and protests erupted at its key supplier Foxconn's main factory in the country
In the letter, the Senator from Colorado highlighted the danger of TikTok's extensive reach in the US
The smartphone industry churns on notoriously thin margins for handset manufacturers - eliminating storied but uncompetitive brands like Nokia, BlackBerry, Palm and HTC over the years
Apple's sales fell more than analysts predicted during the holiday quarter, slammed by slack purchases of iPhones and Macs
On Monday, Kuo had said that the tech giant will launch its foldable iPad with a "carbon fibre kickstand" next year
Apple is building out production in India to reduce its reliance on China, where US trade restrictions and Covid-related disruptions have made manufacturing more risky
The iPhone maker also announced that the prices in the App Store won't change in Ireland, Luxembourg, Singapore and Zimbabwe, but the proceeds will be updated to reflect the tax adjustments
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Wi-Fi 6E uses the 6GHz wireless band to enable faster and more reliable wireless connections on supported devices
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Apple has released macOS Ventura 13.2, the second major update to the operating system that was first released in October 2022.
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Users might notice that iOS versions between iOS 12 and iOS 15 have been skipped. Those are due to where devices were cut off from updating
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iPhone-maker Apple is looking to scale up its manufacturing in India as the business environment is helping global firms make the country their base, Commerce and Industry Minister Piyush Goyal said on Monday. He said that India offers a rule of law, and transparent government policies and business models which help it become a preferred destination for foreign investors. Talking about success stories of certain foreign companies, he said Apple already have about 5-7 per cent of their manufacturing in India. "If I am not mistaken, they are targeting to go up to 25 per cent of their manufacturing. They launched their most recent models from India, manufactured in India." The minister was speaking at the inaugural session of the B20 India Inception Meeting here, which was organised by industry chamber CII. Citing another example of a foreign company in the earth movers machine sector, the minister said that because of the competitiveness of India's manufacturing, that firm is supplyi
The company is likely working on several chipsets, but the one that is said to give the best performance is expected to have eight performance cores
Tech giant Apple has reportedly ordered four different sizes of OLED panels which are likely to be featured in the upcoming iPad Pro and MacBook Pro.