Apple Financial News

Smartphone maker, Apple today announced a slew of devices including new Apple Watch and the iPhone 16. Here are the key highlights.

Apple fans globally have been waiting with bated breath for the new announcements. Apple CEO Tim Cook sent the tech world buzzing with a recent tweet showcasing Apple Park’s stunning “glow”. Apple is gearing up to introduce a range of devices including the iPhone 16 series equipped with improved hardware for AI assistance at its annual «Glowtime» event held at the Steve Jobs Theater.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

'It's Glowtime' appears less challenging than in the past. The colors featured in the event poster resemble those associated with Siri, suggesting that new Siri features could be highlighted during the launch.Earlier, at the WWDC 2024 event, Apple introduced its Apple Intelligence features in iOS 18 and announced plans to revamp Siri, aiming to make the voice assistant more "natural, contextual, and personal," along with improving its speed and simplicity for a better user experience.Apple Event 2024 Live Updates: Apple Inc.

Apple Inc.’s iPhone 16 line will be the focus of its product launch event Monday, its slumping wearable-device business is poised to get a boost as well. For the first time since the end of 2022, the company will unveil major changes to the Apple Watch and AirPods earbuds. All three versions of the smartwatch — the SE, standard Series line and Ultra — will get upgraded. And the two lower-end AirPods models will get the most significant update in their history. A lack of recent upgrades has weighed on sales of Apple’s wearables division, which also includes home products and accessories. The unit’s revenue is poised to decline for the second year in a row during fiscal 2024, which runs through September. But analysts expect the category to bounce back in 2025 with a 6.2% revenue gain to $39.5 billion.

iPhone 16 and iPhone 16 Plus are expected to retain many of the same design elements as last year, including a 6.1-inch and 6.7-inch screen and an aluminium body. However, a major design change is likely to be the change in camera layout from a diagonal setup on the iPhone 15 series to a vertical pill-shaped cut-out this year to facilitate spatial video recording.The iPhone 16 and 16 Plus are also likely to get a major performance boost with the addition of the Apple A18 chipset and a base 8GB RAM variant (up from 6GB last year).

generative AI capabilities as the tech behemoth looks to bolster sales of its iconic device. The company founded by Steve Jobs has disclosed little about what it plans to show off during a launch event, titled «Glowtime,» at its headquarters in the Silicon Valley city of Cupertino. It is the time of year, though, when Apple typically updates its iPhone lineup.

Apple is poised to unveil the long-anticipated iPhone 16 series on September 9, Monday, marking the global introduction of four models—iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Rumours and leaks prior to the announcement have shaped expectations for the new series, offering insights about the design, display, processor, battery, camera features, and anticipated pricing. The iPhone 16 and iPhone 16 Plus are rumored to abandon the diagonal rear camera arrangement in favor of vertically stacked cameras housed in a capsule-shaped module, deviating from the design language seen since the iPhone 11. Meanwhile, the iPhone 16 Pro models are expected to retain a similar triple-camera setup as their predecessors. Playful color options like white, black, blue, green, and pink are part of the purported design changes. Display-wise, the new iPhone 16 Pro models might sport slightly larger screens compared to existing models. The iPhone 16 Pro is expected to increase its screen size from 6.1 inches to 6.3 inches, while the iPhone 16 Pro Max might move from 6.7 inches to 6.9 inches. The series is also anticipated to feature thinner bezels, which could enhance the overall viewing experience but may make one-hand usage more challenging.

iPhone 16 series will be available across the world within the first few days of the launch of sales, multiple people familiar with the matter told ET. Apple is scheduled to unveil the latest range on Monday and worldwide sales are likely to begin within 10-12 days. Foxconn has commenced production of the iPhone 16 series in India, to be exported and made available in multiple cities and countries, officials said.

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 in the industry since Jobs thrust Apple into the smartphone market 17 years ago.The advances included in the iPhone 16 could set up Apple to be “the gatekeeper of the consumer AI revolution," Wedbush Securities analyst Dan Ives wrote in a research note.Apple's pivot began three months ago with a preview of its new approach during a developers conference, helping to build anticipation for Monday's showcase.Since that June conference, competitors such as Samsung and Google have made even more strides in AI. Google even took the unusual step of introducing its latest Pixel phones packed with their own AI magic last month instead of hewing to its traditional October timetable in an effort to upstage Apple's release of the iPhone 16.In an attempt to set itself apart from the early leaders in AI, the technology being baked into the iPhone 16 is being promoted as “Apple Intelligence." Even so, Apple Intelligence is similar to the generically named AI already available on Google's Pixel 9 and the Samsung Galaxy S24 released in January.Most of Apple's AI tasks will be performed on the iPhone itself instead of remote data centers — a distinction that requires a special processor within the forthcoming models and the high-end iPhone 15s that came out a year ago.That's why investors anticipate hot demand for the iPhone 16, spurring a surge in sales that has caused Apple's stock price to climb by 13% since Apple previewed its AI strategy in June.

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 customized emojis on the fly

iPhone 16 series, a blast from the past has captured the internet’s attention. A rare 1996 Apple Macintosh advertisement featuring Bollywood actor Samir Soni has resurfaced online and quickly gone viral, sparking a wave of nostalgia among tech enthusiasts and fans of vintage advertising.

Apple will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan’s Nikkei newspaper reported, citing unnamed sources. Television and smartphone makers are adopting OLED displays over LCDs for the former’s ability to deliver more vivid colours and sharper contrast, ideal for high-definition videos. <div data-placement=«Mid Article Thumbnails» data-target_ty

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Apple is set to unveil the iPhone 16 series at its “It’s Glowtime” event on September 9 at 10:30 PM IST. The highly anticipated launch is expected to introduce four new iPhone models—iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. As with every iPhone release, Apple is likely to bring multiple upgrades to both the standard models (iPhone 16 and iPhone 16 Plus) and the Pro versions. Rumours suggest that the new iPhones will be available for pre-order shortly after the launch, with sales potentially starting by September 20. However, certain Apple Intelligence AI-based features might not be available at launch. Here’s a look at the expected changes for the iPhone 16 and iPhone 16 Plus models.

Tim Cook can be heard saying, “The popular conception is that companies come to China because of low labor costs. I'm not sure what part of China they go to, but the truth is China stopped being the low labor costs country many years ago,"."The reason is because of the skill, the quantity of skill in one location, and the type of skill it is.

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iPhone 15 Pro Max by ditching the 128GB variant of the smartphone and instead starting with a 256GB one. Notably, the iPhone 15 Pro Max started with a base storage of 256GB and came at the same price as its predecessor for the 256GB variant.The Trendforce report suggests that while the price of the iPhone 16 Pro could increase on paper, this could be mitigated for users by the addition of a premium tetraprism periscope lens and 256GB of base storage.Moreover, Apple's choice of 256GB base storage for the iPhone 16 Pro could have a major impact on next year's iPhone line-up.

Apple Watch Series 10 is rumored to feature expanded displays across both its variants. The smaller model is expected to jump from 41mm to 45mm, while the larger version will grow from 45mm to 49mm.