JPMorgan-Apple talks started earlier this year, advanced recently
Now Google and Apple are getting slapped for those blatantly unfair advantages
Jabil is also a major supplier to Cisco and HP. Earlier this year, Jabil began manufacturing AirPod components-plastic bodies-for Apple in India
Apple Intelligence features are to launch in software update to iPhone and iPad operating system likely in October and a full upgrade of Apple's voice assistant Siri is likely only early next year
In talks for fresh collaborations with Flextronics, Jabil, Aequs, Tata firms
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customised emojis on the fly. The new era will dawn Monday with the unveiling of the hotly anticipated iPhone 16 in a Cupertino, California, auditorium named after Apple co-founder Steve Jobs, who pulled out the first iPhone in 2007 and waved it like a magic wand while predicting it would reshape society. Apple has sold billions of iPhones since then, helping to create about $3 trillion in shareholder wealth. But in the past decade, there have been mostly minor upgrades from one model to the next a factor that has caused people to hold off on buying a new iPhone and led to a recent slump in sales of Apple's marquee product. The iPhone 16 is generating a bigger buzz because it is the first model to be tailored specifically for AI, a technology that is expected to trigger the biggest revolution
Move comes after review of the partnership from cost-to-income perspective; the bank is gearing up for surge in business during the festive season
The layoffs included some engineering roles, and the biggest cuts were made to the team responsible for the Apple Books app and Apple Bookstore
Parekh, 52, will become CFO on Jan. 1 in what Apple described as a planned succession. Maestri, who has been CFO since 2014, will remain at Apple in a reduced position
A bigger chunk of sales will come the following quarter, which coincides with the holiday season. Analysts have predicted that revenue will climb 7 per centto $128.4 billion in that period
With the recent sell-offs, Warren Buffett-led Berkshire Hathaway has raised its cash position relative to total assets in the June quarter to 25 percent
Among those now asked for the return of the reports are Match and Indian startup group ADIF, which represents financial giant Paytm
Apple said revenue in its fiscal fourth quarter would grow at a level similar to the 4.9% increase it posted in the April-June period
iOS 18 public beta offers early preview of upcoming apps, features, and technologies. However, it is not a general release and could have bugs and inconsistencies in the system
This week, Samsung's preparing to unveil new foldable phones and watches as well as a smart ring in Paris ahead of the Olympics, in an attempt to forestall a challenge from Apple Inc
Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the US, and will rely on companies who already dominate the industry like Affirm and Klarna. It's an acknowledgement from a company known for producing hit products that building a financial services business from scratch as Apple has been doing for several years is difficult and highly competitive. Apple Pay Later launched with fanfare in March 2023 as a way for iPhone customers to split purchases of up to USD 1,000 into four equal payments with no fees or interest. The service was Apple's answer to the growing popularity of buy now, pay later services globally, and considered a sizeable threat to companies like Klarna, Affirm and others. But Apple Pay Later was only available where Apple Pay was accepted whereas the other buy now, pay later companies had deeply integrated themselves into millions of merchant websites. In an acknowledgement of how popular buy n
Apple's deal with OpenAI isn't exclusive, and the iPhone maker is already discussing offering Google's Gemini chatbot as an additional option. That agreement should be in place later this year
The software company's plans take aim at Apple which has released its own Arm-based chips for Mac computers for roughly four years
The company made the announcement internally this week, around the same time Apple kicked off a much-anticipated expansion into AI