Apple Experiences Major Break Up - Loses $19.5 Billion From Chip Supplier
Apple is losing a near $20 billion join venture in India that would have partnered it with Foxconn, a major chip supplier of semiconductor and display components.
Apple is losing a near $20 billion join venture in India that would have partnered it with Foxconn, a major chip supplier of semiconductor and display components.
Apple Inc. (AAPL) became the first publicly traded company to close a trading day with a $3 trillion market value on Friday, June 30, 2023.
On April 18th, 2023, Apple CEO Tim Cook opened the company's first retail store in India, located in Mumbai's upscale neighborhood. The opening event featured local music and folk dance performances, attracting people from all over India. Mr. Cook greeted customers and took selfies with some of them, while employees clapped and cheered. A second store opening in the capital Delhi was scheduled for the following day.
As of today, Apple Card users have the opportunity to boost their Daily Cash rewards by opening a Savings account with Goldman Sachs, which offers an attractive APY of 4.15 percent. This is over 10 times the national average and comes with no fees, minimum deposit, or minimum balance requirements. The process of creating and managing this Savings account is simple and can be done directly from Apple Card in Wallet.
According to IDC’s latest report, all major PC makers experienced a decline in shipments, with combined shipments slumping 29% to 56.9 million units. The demand surge caused by remote work during the pandemic has vanished. Lenovo Group Ltd. and Dell Technologies Inc. both experienced drops of more than 30%, while HP Inc. was down 24.2%. Asustek Computer Inc. rounded out the top five with a 30.3% fall. Samsung Electronics Co. is cutting memory production after reporting its slimmest profit since the 2009 financial crisis.
We've gathered the key points and highlights from Apple's latest iOS 16.4 rlease just for you.
Microsoft has announced that its Phone Link app will now allow iPhone users to access iMessage on their Windows laptops or PCs. The update will enable iPhone users to send and receive messages via iMessage, make and receive calls, and view their phone's notifications within Windows 11. The preview of the updated app is available for Windows Insiders.
Microsoft has announced a new way to run Windows 11 on ARM-based Macs, however, there are some limitations to this approach. In this support article, Microsoft has authorized the use of Parallels Desktop 18 to run the ARM versions of Windows 11 Pro and Enterprise on M1 and M2-based Macs.
A U.S.-based Apple supplier, Jabil, has started producing components for AirPods in India, marking a significant step in Apple's push to expand production in the country. According to Bloomberg, this move makes the AirPods the second Apple product after iPhones to be made in India. The reason for this expansion is to reduce Apple's reliance on China for production, where lockdown disruptions and US trade restrictions have made manufacturing more risky.
The Apple Watch is a popular choice among iPhone users but the Series 7, although it's an older model, is still a good option, especially when it's on sale. Right now, you can get the 45mm, LTE-enabled version of the Series 7 at Walmart for $329, which is $200 cheaper than the Series 8.
Apple made a big announcement today - new MacBook Pro's.
Tim Cook is taking a massive pay cut, according to BBC.