Apple launches TV, credit card and gaming service
26 March 2019 | 8:56 am
In a bid to offset slowing sales of hardware devices like its blockbuster iPhone, Apple unveiled a series of services in a star-studded event, ranging from original video content to a credit card to a monthly gaming subscription. Conway G.
11 May 2022
7 Jun 2022
4 Jan 2022
Apple on Monday became the first company to hit a $3 trillion (roughly Rs. 2,23,75,950 crore) stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality.
1 May 2022
Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.
11 May 2022
US tech giant Apple has announced it is stopping production of its iconic iPod device, which was first launched in 2001. With a battery life of 10 hours and enough space for 1,000 songs, the iPod completely changed the way we listen to music and paved the way for smartphones. Also in the show, US President Joe Biden says the fight against inflation is his "top priority".
7 Jun 2022
Apple Safari has surpassed the billion users milestone.
11 Jun 2022
The EU has agreed on the text of a law to force smartphone makers to equip their devices with a single, common charging port known as USB Type-C. The deal with member states and lawmakers comes as a setback to Apple, which had argued that imposing a universal cable could hinder innovation. We take a closer look. But first, the World Bank warns of 1970s-style stagflation as it sharply lowers its forecast for global growth.
22 Jun 2022
Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster the development of industry standards that would make the companies' nascent digital worlds compatible with each other.
9 Sep 2022
California tech giant Apple launched its new iPhone 14 model on Wednesday, featuring emergency satellite communication and improved cameras. It's Apple's latest push to increase its share of the global smartphone market. Plus, we look ahead to the European Central Bank's announced rate hike and British PM Liz Truss's much-awaited plan to deal with soaring energy bills.
26 Sep 2022
Apple said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China.
On Thursday, Apple reported that revenue fell 5 percent to $117.15 billion during the three months that ended in December, the company's first quarterly sales decline since before the pandemic. Profits decreased 13 percent to $30 billion.
The iPhone maker's top supplier Foxconn plans to boost production in India, with a new facility in Bengaluru. But the move westward could be beset by red tape and quality control issues.
Martin Yang of Oppenheimer says Apple is probably not willing to "lower its price relative to other markets … just for the sake of gaining market share in the near term," as there is a good number customers who will be willing to pay a premium price for its products.
In a big gamble for the world’s most valuable company, Apple is widely expected to launch its first major new product in almost a decade at its annual developers' conference next week: a virtual reality headset.
16 mins ago
Lecture topic: For the world to respect Africa. Keynote topic: Federalism is the answer, What is the question?
37 mins ago
Today's shoppers have become accustomed to doing their own research to get the maximum value out of every dollar they spend, and to feel secure about the purchases they're making.
37 mins ago
The EU border agency Frontex will deploy officers and equipment to Finland to help stem the flow of "weaponized migration" from Russia. Some 50 border agents and other staff, vehicles and equipment will arrive next week.
2 hours ago
Some users are sharing a viral video since November 15, that they claim shows Muslim migrants assaulting a group of women in a Paris metro. We explain what this miscaptioned video really shows, in this edition of Truth or Fake.
2 hours ago
As Hamas prepares to release a first group of hostages held for more than six weeks in Gaza, it's worth remembering that Israelis have been held hostage many times over the nation's 75-year history. In October 2011, Franco-Israeli soldier Gilad Shalit was freed by Hamas after being held in captivity for more than five years. He'd been captured during a cross-border raid. In Perspective, we spoke to the man who played a key role in negotiating his release.
7 hours ago
The Nigerian Exchange in a bid to further deepen the capital market engagements is targeting increased issuances of Islamic Finance instruments especially from Corporates. Jude Chiemeka, Executive Director, Capital Markets at the Nigerian Exchange joins CNBC Africa to discuss partnerships with the Islamic Development Bank Institute and near term outlook for the market.
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