Apple Financial News

20.07 / 07:13

Twitter Mobile Apple love show performer pop Time Anand Mahindra goes back in time with walkman & pager pic, says he's amazed to see tech evolution

Many devices such as the floppy disks, walkman, video cassettes and pagers, among other technologies have been replaced with newer and more efficient innovations. In the early 1990s, people needed different devices to perform different activities. Cut to 2023, technological innovations have changed radically.

20.07 / 06:17

UPS Manufacturing Compilation Apple TSMC TSMC Q2 profit falls 23%, beats market expectations

TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a strong period last year.Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw April-June net profit drop to T$181.8 billion ($5.85 billion) from T$237.0 billion a year earlier. That compared with the T$172.55 billion average of 21 analyst estimates compiled by Refinitiv.

20.07 / 06:13

UPS Reuters Manufacturing Apple NVIDIA performer TSMC TSMC Q2 profit falls 23%, but beats estimates

Investing.com — Taiwan Semiconductor Manufacturing Co (NYSE:TSM) (TW:2330), or TSMC, logged a higher-than-expected second-quarter profit as revenue from chip sales remained steady, although earnings were lower than last year as chip demand softened.

20.07 / 05:43

Citi Twitter Apple Puzzle actress Mumbai Filter coffee, panki & monsoon: Paytm boss Vijay Shekhar Sharma & GOQii founder Vishal Gondal enjoy Mumbai food

Monsoon is the perfect setting for comfort food, especially if you are enjoying the Mumbai rains. Entrepreneurs and friends Vijay Shekhar Sharma and Vishal Gondal have been busy exploring the streets of the city and bingeing on delicious Mumbai food. The GOQii founder took to Twitter to share glimpses of their culinary journey around the city.

20.07 / 01:37

Target Apple track Inside Time Is it time to get real on Australia’s 2030 climate targets?

Just over a year ago, Prime Minister Anthony Albanese announced the country’s new climate targets to the world — reducing emissions by 43 per cent and ensuring the power grid is 82 per cent renewable by the end of the decade.

20.07 / 01:09

Digital Amazon Aware Google Apple Major digital players may get advice on dos and don’ts

Digital Competition Law will likely recommend “dos and don’ts” for systemically important digital intermediaries to check big tech’s ability to distort fair trade, a person aware of the panel’s deliberations, said. The panel, chaired by corporate affairs secretary Manoj Govil, is likely to define systemically important digital intermediaries based on a set of criteria including the nature of business, turnover, and user base, both global and local, the person told ET.

20.07 / 01:09

MET Aware Manufacturing Apple HON Foxconn unit looks to build facility in Tamil Nadu by next year

Foxconn unit, which sells components to the likes of Apple and Lenovo to garner about a third of the Taiwanese contract manufacturer's aggregate revenue, is looking to build an operational facility in Tamil Nadu by next year, multiple people aware of the discussions told ET. Foxconn's parent company Hon Hai Technology already has large existing facilities in Tamil Nadu and is looking to further ramp up these sites. For instance, it manufactures iPhones for Apple exclusively in a facility in Sriperumbudur near Chennai.

19.07 / 20:19

business Apple Machine Learning ChatGPT Apple has its own GPT AI system but no stated plans for public release: Report

Apple’s reportedly working on its own generative pre-trained transformer (GPT) artificial intelligence (AI) model. However, there’s no indication that the company has any plans to launch it to the public.

19.07 / 19:41

Lowe's Apple Samsung Xiaomi Motorola show Low Salary hikes low at handset companies

handset companies have reduced to 6-8% for fiscal 2023 from an average of 10-12% in the previous two years, staffing firms said, as the industry struggles with a slump in demand. The segment has also seen some attrition — voluntary and layoffs — in the first few months of calendar year 2023. Things, though, are expected to take a turn for the better with the smartphone market showing signs of recovery in the April-June quarter, experts said.

19.07 / 19:41

BLOCK Assurant Apple country WTO US at WTO: India allows GM cotton, mustard at home but blocks imports

New Delhi mandates a non-GMO and GM-free status certificate from exporting countries for 24 food products, including apples, wheat, rice, tomato and potato. In a submission to the WTO on Tuesday, it asked India to revoke the measure.

19.07 / 17:47

UPS Reuters Microsoft Google Apple generative AI Apple tests generative AI tools to rival OpenAI's ChatGPT - Bloomberg News

(Reuters) -Apple is working on artificial intelligence (AI) offerings similar to OpenAI's ChatGPT and Google's Bard, Bloomberg News reported on Wednesday, sending its shares up as much as 2% to a record high.

19.07 / 17:47

Microsoft Google CEO Strategy Apple chatbot testing Apple shares gain on report it is testing an AI chatbot

Apple (NASDAQ:AAPL) shares jumped Wednesday afternoon after Bloomberg reported that the tech giant is quietly working on artificial intelligence tools that could contest those of OpenAI, Alphabet's (NASDAQ:GOOGL) Google, and others.

19.07 / 17:41

Microsoft Google Strategy Mobile Apple voice chatbot testing Apple is testing its own AI chatbot to catch OpenAI

Apple is working on its own artificial intelligence powered chatbot that could challenge those of OpenAI and others, but the company has yet to devise a clear strategy for releasing the technology to consumers, Bloomberg reported Wednesday. According to the report, the ‘Apple GPT’ uses its own large language model framework called as “Ajax," a framework created to accelerate machine learning research. The report further said AI push has become a major effort for the iPhone maker, with several teams collaborating on the project.

19.07 / 16:45

UPS Target FIVE Strategy Apple Solomonic Goldman Sachs Isn’t Transforming Fast Enough

Goldman Sachs’s winding journey in consumer banking might be coming to an end. But its prolonged exit from its own investment holdings still has miles to go. With deal making in a slump, and capital markets and trading activity subdued or just starting to grow back, the second quarter was never going to be a stellar one for Goldman Sachs.

19.07 / 16:31

UPS Amazon Microsoft Platform Apple iRobot Meta Platforms French backlash scuppers appointment of US economist for EU Big Tech regulation

EU antitrust chief, Margrethe Vestager, triggered the furore last week by picking Fiona Scott Morton as the chief economist of the EU's antitrust unit, the competition arm currently running probes into US tech giants Alphabet, Apple, Meta Platforms, Microsoft and Amazon's bid for iRobot. It is rare for the Commission to pick a non-EU national for such a senior job unless there are exceptional circumstances.

19.07 / 13:27

Target Apple Apple: Bank of America says checks indicate weak production trends for FQ3

Bank of America analysts reiterated a Neutral rating on Apple (NASDAQ:AAPL) stock heading into the FQ3 results. The Cupertino-based giant is set to report results after market close on August 3.

19.07 / 13:15

COST Provident Digital Amazon Apple mergers Biden's White House is taking on corporate mergers, landlord junk fees and food prices

The Biden administration is proposing new guidelines for corporate mergers, taking steps to disclose junk fees charged by landlords and launching a crackdown on price-gouging in the food industry

19.07 / 12:39

Apple NVIDIA Meta Investment trusts Polar Capital Technology lags benchmark after missing out on mega-cap tech rally

The share price fell 4.9%, reflecting a widening of the discount, which averaged 11.9% during the year under review.

19.07 / 11:51

UPS BLOCK Platform Apple Starbucks performer Bonds vs. Stocks: A Beginner’s Guide

If you want to get started investing, it’s important to know the ins and outs of stocks and bonds—the basic building blocks of most Americans’ portfolios. About six in 10 adults report owning stocks , which represent your own sliver of ownership in a corporation, like Apple or Starbucks, and let you benefit from its growth as the stock’s price rises in value. Far fewer people own bonds, a type of fixed-income investment that represents your share in a loan made to a company, government or other entity.

19.07 / 11:51

Twitter Apple Photography Apple iPhone Apple iPhone 16 Pro Max may feature ‘super’ telephoto lens: Report

iPhone 16 Pro Max may come with a super telephoto periscope camera to increase optical zoom on the phone. The report states that cameras with a focal length over 300mm are typically given the label "super" or "ultra" telephoto due to their ability to greatly magnify and capture distant subjects. In the case of the Apple iPhone 13 Pro and iPhone 14 Pro models, their telephoto camera has a focal length equivalent to 77mm. If the iPhone 16 Pro Max were to feature a focal length exceeding 300mm, it would represent a substantial and significant increase.

19.07 / 11:05

BLOCK Extreme Action Apple Tesla country foreign China says foreign trade faces 'extremely severe' situation, blames geopolitics for slump

BEIJING — China's Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country's foreign trade which was facing an «extremely severe» situation in the second half of this year.

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