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.
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.
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.
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.
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.
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".
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.
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.
23 Nov 2021
Italy's antitrust authority has fined U.S. tech giants Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.
24 Oct 2021
Taiwanese tech giant Foxconn unveils three electric vehicles, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
14 Sep 2021
Apple has urged users to update the software on their iPhones, iPads, Apple Watches and Macs to plug a security weakness that allowed for spyware infections. The vulnerability was discovered by researchers at the University of Toronto, who said it was the first "zero click" attack, where users don't have to click on a link or a file to be affected. Also today, we look at the French central bank's latest forecast, in which it warns a labour shortage could derail the economic recovery.
13 Sep 2021
A US federal court has ordered Apple to accommodate developers when it comes to payments for apps and services. The ruling came in the legal tussle between Apple and Epic Games.