Apple Inc. will begin assembling iPhones in India by the end of April, a regional minister says, heightening its focus on the world’s fastest-growing major smartphone market as growth slows elsewhere. The U.S. company has tapped Taiwan’s Wistron Corp. to put together its phones in the tech capital of Bangalore in Karnataka, said Priyank Kharge, the state’s information technology minister.
Category: Apple
Qorvo, Cirrus Show the Risks of Betting on Just One Apple Supplier
Though Apple surged to new 52-week highs yesterday in the wake of a sales and earnings beat as well as stronger-than-expected iPhone print, a pair of chip suppliers are lower today due to the guidance provided in their Wednesday afternoon reports. The reasons behind their subdued outlooks provide some good lessons about why strong numbers from Apple — or for that matter, Samsung — don’t always spell the same for major suppliers.
Upside Surprise Could Be in Cards for January Jobs Number
Wall Street analysts expect 175,000 new jobs added in January. Considering the recent run of strong economic data, that consensus estimate could be on the low side.
Cramer: All in All, Today Was a Good Day for Investors
This should be more of a tripod day. That’s right … I think the market should be responding more to the deregulation, repatriation and corporate tax cut agenda of Trump.
European Apple Suppliers Advance After Stellar iPhone Sales Results
Imagination Technologies and other European suppliers to Apple rallied early Wednesday after the U.S. tech giant reported better-than-expected earnings backed by stellar iPhone sales. Chip designer Imagination jumped 3% to change hands a three-week high of 243 pence each by 08:30 GMT in London, while chip maker STMicroelectronics rose 2.2% in Paris to a 12.47 each, just a few cents shy of its all-time high of a 12.50 each.
Apple Sales Beat Estimates on Demand for Latest iPhones
Apple Inc. reported quarterly revenue that topped analyst projections, fueled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share in the three months through Dec. 31. Analysts forecast profit of $3.22 a share on revenue of $77.3 billion, according to data compiled by Bloomberg.
Apple Sales Beat Estimates on Demand for Latest IPhones
Apple Inc. reported quarterly revenue that topped analyst projections, fueled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share in the three months through Dec. 31. Analysts forecast profit of $3.22 a share on revenue of $77.3 billion, according to data compiled by Bloomberg.
Apple snaps out of iPhone slump, but for what’s next?
In this Friday, May 13, 2016, file photo, a man uses his mobile phone near an Apple store in Beijing, China. Apple Inc. reports financial results Tuesday, Jan. 31, 2017.
Apple Will ‘Definitely’ Break This One Losing Streak When It Reports Earnings
It has been three consecutive quarters of missing the mark in one metric, but Apple is poised to break that, Maxim Group’s Choksi argues. Apple is set to report its fourth quarter earnings results Tuesday afternoon.
Futures, Asia Lower As Trump Uncertainty Weighs Ahead of Earnings
Futures for U.S. markets pointed toward a lower open Tuesday as investors remain concerned about the turmoil caused by President Donald Trump’s executive order on immigration. The S&P 500 pared 0.25%, the Dow Jones Industrials 0.25% and Nasdaq 0.24% at 11:08 p.m. EST, ahead of Tuesday when a host of companies are set to report earnings.
Apple’s iPhone Sales Will Dominate Earnings But You Should Pay Attention to Other Key Areas
The December quarter is always a big one for the iPhone. But this time, it’s also very important for the Mac, the Apple Watch and other businesses.
Apple Stock Has a Lot to Prove on Tuesday
Apple stock hit a fresh 52-week high on Thursday, and with the shares trading 36% off their springtime lows, it’s easy to see how proving mortal can trigger a sell-off. The silver lining here is that just a sliver of its gains have come in the past three months.
Week Ahead: Apple Earnings Headline Busy Week of Fed Meetings, Jobs Numbers
Buckle in for a busy week filled with bellwether earnings reports, monetary policy decisions, and critical economic numbers. And that’s not even counting the wrenches the Trump administration could throw into the mix.
Intel’s Earnings Were Solid, but Its Guidance Raises Some Questions
Weak enterprise server demand, tougher competition from AMD and rising capital spending could partly offset the success of various growth initiatives. A stabilizing PC market is proving to be a nice tailwind for Intel .
Foxconn Is Having Ongoing Talks With Pennsylvania About A New Factory
The Apple device manufacturer may be planning a possible U.S. expansion, and this election battleground state is on its radar. As it gears up for a possible U.S. expansion, Apple’s go-to manufacturer is kicking the tires in one of the crown jewels of Donald Trump’s surprise electoral victory-Pennsylvania.
It’s Now Time to Forget Apple Has Been One of the Best Growth Opportunities Ever
On Tuesday, Barclays analyst Mark Moskowitz downgraded Apple , prompting concerns among investors that the company will have a difficult 2017. The downgrade comes days before the iPhone maker is set to release its first quarter earnings on Jan. 31. Apple shares rose 1.60% in Wednesday trading.
Qualcomm Shares Fall as First-Quarter Revenue Misses Street Expectations
Qualcomm reported first-quarter revenue short of Wall Street’s estimates, but gave in-line guidance for the next quarter. CEO Steve Mollenkopf also addressed the company’s antitrust lawsuits.
Apple Watch May Have Some Nifty New Features Up Its Sleeve
Apple was awarded a patent on Tuesday to create a metal band that would allow users to replace links with sensors, speakers or even a thermometer. While soft iPhone sales continue to concern investors, Apple is hard at work on potential future updates for the Apple Watch, including “modular functional band links,” as well as updated software that will allow Siri to perform tasks within apps.
Alternative Facts? Apple, Inc. Gets a Strange Downgrade
Analyst Mark Moskowitz expects the smartphone market to stagnate this year. Moreover, unlike many other analysts, he doesn’t see the upcoming 10th anniversary iPhone as a major growth catalyst.
Apple, Inc. Had to Get In Bed With Qualcomm Because of Verizon
The original iPhone launched as an AT&T exclusive, and AT&T’s 3G network is built on GSM. The Mac maker was still paying licensing fees to Qualcomm But things got a lot more complicated in 2011, which is when Apple and Qualcomm really took their relationship to the next level.
What Happened in the Stock Market Today
Stocks ended lower on Monday, as weakness in the energy sector outweighed gains in tech shares. The Dow Jones Industrial Average indexes each shed less than 0.5% at the start of a week that will see hundreds of companies post their fourth-quarter earnings results.
Welcome Back, Apple TV Speculation
Sadly, the company reportedly abandoned those plans a few years ago, after spending nearly a decade contemplating and researching the idea. Well, the speculation is back with a vengeance.
Apple’s $1 Billion Lawsuit Against Qualcomm Has to Be Music to Intel’s Ears
Like Qualcomm’s disputes with regulators, the company’s legal battle with Apple is complex and could take time to unfold. That could pave the way for a stronger Apple-Intel partnership.
Will Apple Raise Its Dividend in 2017?
Recently, though, Apple has embraced dividends, and now, some income-hungry investors look to the iPhone maker for its quarterly payouts as well as its potential for stock-price increases. With tax reform proposals that could unlock some of Apple’s overseas cash stash, Apple might be in a better position than ever to consider a dividend boost this year.
Apple Sues Qualcomm Over Patent Royalties in Antitrust Case
Apple Inc. sued Qualcomm Inc., accusing it of monopolizing the market for chips for wireless devices and withholding $1 billion in retaliation for cooperating with South Korean antitrust authorities. Apple is demanding Qualcomm hand over money that was supposed to be a rebate for licensing fees.
Apple Sues Qualcomm Over Patent Royalties in Antitrust Case
Apple Inc. sued Qualcomm Inc., accusing it of monopolizing the market for chips for wireless devices and withholding $1 billion in retaliation for cooperating with South Korean antitrust authorities. Apple is demanding Qualcomm hand over money that was supposed to be a rebate for licensing fees.
Qualcomm’s Lucrative Licensing Model Jeopardized by FTC Scrutiny
Qualcomm Inc. built itself into the world’s biggest and most profitable smartphone chipmaker by using a simple formula: selling billions of dollars worth of semiconductors while raking in fat profits from licensing fees tied to the underlying technology. That lucrative model is under siege on a growing number of fronts — most recently this week when the U.S. Federal Trade Commission accused Qualcomm of using its dual businesses to thwart competition in the $100 billion market for phone chips.
Apple, Microsoft Biggest Winners if Trump Grants $500 Billion Tax Holiday
Donald Trump’s presidency could result in a more than $500 billion windfall for Fortune 500 companies should he get his way on tax reform. Fortune 500 companies could reap a more than $500 billion windfall if President Donald Trump gets his way on tax reform.
Is This Apple Inc. iPhone 8 Rumor True?
On Twitter , user Arkthub sent me a link to a forum post containing an interesting rumor about a key component inside of Apple ‘s 2017 smartphone lineup. The forum post, which appears to have originally shown up on website TheLayoff.com , essentially says the following: upcoming XMM 7480 cellular modem in the next-generation iPhone for several reasons, which essentially boil down to the fact that the 7480 is technologically inferior to competing solutions.
How This Apple Inc. Supplier Created Hundreds of Thousands of Jobs in the United States
TSMC is believed to be the sole manufacturer of the Apple-designed A10 applications processor that powers the iPhone 7 and iPhone 7 Plus, and it also builds chips for many chips that Apple procured from third-party suppliers, to boot. My first question is regarding the advisory reports to the U.S. President this Friday, because in a report, the U.S. seems want to ensure their semiconductor leadership, especially in the leading-edge, so what will be TSMC’s strategy to beating this policy direction and ensure your own leadership? Thanks.
Foxconn Billionaire Said to Assuage China About U.S. Plans
Foxconn Technology Group Chairman Terry Gou has moved to reassure China’s government the Apple Inc. assembler remains committed to the country even as it expands U.S. operations when President-elect Donald Trump takes office, people familiar with the matter said. A high-ranking Chinese official recently expressed Beijing’s concerns to Gou, the people said, asking not to be identified because the conversation was private.
‘Carpool Karaoke’ will be the company’s first venture into original television content.
Jimmy Iovine says there will be no limitations on Apple Music. “We want to hit popular culture in the nose.”
The 3 Biggest Challenges Facing Apple
The iPhone, which accounts for the bulk of Apple’s revenue and profits, has suffered from slumping sales for multiple quarters, with the launch of the iPhone 7 unable to reverse that trend. Sales of iPads and Macs also tumbled during Apple’s third quarter, leading to a 9% year-over-year decline in total revenue.
Apple, Inc. Continues to Slip in China
Kantar has released its most recent estimates on numerous smartphone markets around the world, covering the three months ending November 2016 before the holiday shopping season picked up steam. Well, the news is mixed.
Futures, Asia Down on Calm Before Earnings Storm
Investors are looking for concrete signs of Trump’s economic policy while waiting for companies to divulge how the fourth quarter went. Futures for U.S. markets were lower late Monday as investors await the latest earnings season and wonder if the Trump rally hasn’t pushed markets too high.
Why Apple Inc. Should Update the MacBook Pro Lineup in the Spring
Both the 13-inch and 15-inch variants saw significant overhauls, including new track pads, faster processors, brighter and more colorful displays, and even the inclusion of a new touch bar on higher end 13-inch and all 15-inch models. The machines represented nice steps forward for the MacBook Pro lineup, which hadn’t seen substantial updates for quite some time.
A look back at the iPhonea s first decade
“Today Apple is going to reinvent the phone,” Steve Jobs tells the crowd at Macworld on Jan. 9, 2007, “and here it is.’ ‘ And it was off to the races for the humble iPhone that he pulled out to show the audience.
Apple Bosses See Pay Drop in 2016 as CEO Reaps $145 Million
Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement filed Friday.
Apple Bosses See Pay Drop in 2016 as CEO Reaps $145 Million
Apple Inc.’s top executives saw their compensation fall last year while Chief Executive Officer Tim Cook had his biggest payout yet from his record 2011 award. Cook’s five top lieutenants received about $22.8 million each for 2016, according to a proxy statement filed Friday.
FBI Releases Documents Related to San Bernardino iPhone
The FBI on Friday released 100 pages of heavily censored documents related to its agreement with an unidentified vendor to hack into an iPhone used by one of the San Bernardino, California, shooters, but it did not identify whom it paid to perform the work or how much it cost. The records were provided in response to a federal lawsuit filed against the FBI by The Associated Press, Vice Media and Gannett, the parent company of USA Today.