Apple Financial News

smartphone exports in FY25, on the back of rising iPhone exports. In the last financial year, smartphone exports stood at $15 billion, with Apple contributing nearly $10 billion.

Mark Zuckerberg, CEO of Meta, has once again criticised Apple, accusing the tech giant of stagnation in innovation and operating a restrictive ecosystem that hampers competition. Speaking on Joe Rogan’s podcast, Zuckerberg addressed issues ranging from Apple’s reliance on iPhone sales to its App Store policies and closed ecosystem practices.

Taking an aim at Apple, Zuckerberg accused the company of stagnating in innovation and relying heavily on the continued success of the iPhone. The Meta CEO expressed these views during an in-depth conversation on Joe Rogan's podcast. «Steve Jobs invented the iPhone and now they're just kind of sitting on it 20 years later,» Zuckerberg said, suggesting that fewer people are buying new iPhones because each new version isn't much better than the last.

call connection issues after the latest software upgrade, online platform LocalCircles said in its latest report. According to the survey, 60 per cent of iPhone users and 40 per cent of Android users in the country have shared that they are experiencing problems in their services after the latest software upgrade. Call failure is the biggest problem that iPhone users are facing, be it a normal call or app-based calls, while freezing of apps is the biggest issue for Android users. The report noted that «6 in 10 apple iPhone users surveyed who have upgraded to iOS 18 or higher are having difficulties. 28 per cent of the respondents stated that most/some of voice and OTT calls don't connect or drop. 12 per cent stated screen of the phone goes dark; 12 per cent stated apps are hanging.»

Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates. The National Center for Public Policy Research, a conservative think tank, proposed Apple shareholders consider ending the firm's DEI program to prevent lawsuits following a 2023 Supreme Court's ruling against affirmative action in universities. But the Apple board has recommended voting against the proposal when it meets late this month.

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Meanwhile, a Wall Street analyst has claimed that Apple's stock could hit a good figure of $325, and has advised US investor to place their respective buys for the stock, as it is worth the investment, as per reports. Apple's deep investment and research into Ai is something that sets it apart from other stocks at Wall Street, and is one of the crucial reasons why it is so rich in terms on market capitalization figures at Wall Street. Wedbush's Dan Ives, who is one of the top market analysts in recent days, has been one of the biggest cheerleaders in the AI boom, and is of the opinion that Apple is one of the winners of the stock market.

Warren Buffett has been making some swift and silent movements at the US stock market in recent while, and he has also let go of some of his major stock holdings in the last couple of months, something that is triggering concerns among US investors, especially those who are still holding those stocks in their investment portfolios.

In the fifteenth annual letter to his clients, Terry Smith, the manager of the £22.7bn Fundsmith Equity strategy, said the fund disposed of its holdings in Diageo, «which we had owned since inception». This came following «problems with [Diageo's] new management, shown by a lack of information about its Latin American business», Smith said, which resulted in poorer performance compared to the sector in this area. Fundsmith's profit decline forces Terry Smith to take second pay cut «Moreover, we suspect the entire drinks sector is in the early stages of being impacted negatively by ...

Subscribe to enjoy similar stories. Bengaluru: Notwithstanding some of last year’s tech disappointments, including the metaverse and Generative AI (GenAI), which fell short on scalability and returns, tech innovation continues at a scorching pace. GenAI is revolutionising content creation, while artificial intelligence (AI) agentic systems are advancing autonomous decision-making, reigniting debates around artificial general intelligence (AGI) and its ethical implications.

Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. are asking India to pay them billions of rupees in subsidies they think they are entitled to under the government’s production incentives program.

Tim Cook, who is the CEO of Apple is actually facing a pretty challenging balancing act while he navigates the complexities of the company's extensive supply chain in the country China amidst the potential trade tensions with the incoming US President- elect Donald Trump administration, reported Business Insider.

China is preparing to impose some new export restrictions on specific critical technologies used in the production of electric vehicle (EV) batteries while including those for processing lithium and gallium.

Apple has reportedly terminated 185 employees at its Cupertino headquarters following an investigation into fraudulent activity involving its charitable Matching Grants programme, according to India Today.

Dell Technologies Inc. is re-branding its PCs in a manner reminiscent of Apple Inc.’s naming conventions in an effort by the computer maker to spur demand.

Indonesia's industry ministry will meet representatives from Apple on Tuesday to discuss its investment in the country, a prerequisite for the tech giant to sell its latest iPhone 16 locally, a ministry official said.

BEIJING — Huawei spinoff Honor announced Tuesday it plans to launch smartphone sales in Indonesia by the end of March, becoming the latest Chinese company to enter a market that has banned Apple's iPhone 16 over domestic production requirements.

Apple’s iPhone 15, priced at Rs 69,900 at launch in September 2023, is currently available with a big discount on Flipkart. For the 128GB Black model, the price has been slashed by 12%, bringing it down to Rs 60,999. On top of this, Flipkart is offering an additional exchange offer, which could provide up to Rs 31,500 off for trading in an iPhone 14 in good condition. After applying the exchange discount, the final price drops to Rs 21,499. This makes the iPhone 15 extremely affordable for those seeking to upgrade their iPhone without breaking the bank.