Tag: Apple

  • Apple Event 2023: iPhone 15, Watch Series 9, Watch Ultra 2, and New AirPods Pro Unveiled

    Apple Event 2023: iPhone 15, Watch Series 9, Watch Ultra 2, and New AirPods Pro Unveiled

    Apple enthusiasts from around the world are gathering at the Steve Jobs Theatre in Apple Park, eagerly anticipating the latest innovations from the tech giant. Today marks the annual September event, known for its iconic product reveals. Dubbed ‘Wonderlust,’ this event promises to be no exception, with the spotlight shining on the much-anticipated iPhone 15 lineup, the new Apple Watch Series 9, Watch Ultra 2, and the latest iteration of the AirPods Pro.

    What to Expect from Apple’s ‘Wonderlust’ Event

    As the excitement builds in Cupertino, here are some key highlights and insights into what we can expect from this year’s Apple event:

    • iPhone 15 Series: This event is all about the iPhones, and the iPhone 15 series is expected to bring some significant changes. USB-C ports are anticipated for all four new models, promising faster charging and a universal connectivity experience. Additionally, dynamic island technology and a 48MP primary camera are set to elevate the iPhone’s performance.
    • AirPods Pro Update: Apple is known for its commitment to audio quality, and this year, the company is likely to launch an updated version of the AirPods Pro. Although not a complete hardware overhaul, the new AirPods may feature software updates, enhancing automatic device switching and introducing Conversation Awareness, a feature that automatically adjusts media playback when users start speaking.
    • Apple Watch Series 9 and Watch Ultra 2: Apple’s wearables are also in the spotlight, with expectations of a performance boost in the new Apple Watch models. This year, we might see a new chip, as well as improvements to the heart rate sensor.
    • Manufacturing in India: Reports suggest that Apple is considering a manufacturing partnership with Tata Group to produce iPhone 15 and iPhone 15 Plus in India, further expanding its supply sources.
    • No New Apple Watch SE: While there is speculation about various updates, including new iPhones and AirPods, it appears that there won’t be a successor to the Apple Watch SE 2 this year.
    • Design Changes: The high-end iPhone 15 models are expected to feature Titanium frames, replacing the stainless steel frames of their predecessors. However, the screen sizes will remain the same as last year.
    • Apple’s Challenges: Apple is facing challenges in China, with government workers increasingly banned from using its devices, leading to a dip in the company’s market value.

    Tune in Live

    As we await the official announcements, the Apple Store website has temporarily gone offline in preparation for the new product launches. The live stream of the event will be available on Apple’s website, YouTube channel, and other streaming platforms.

    The stakes are high for Apple this year, as it strives to regain momentum and overcome challenges in the global market. Stay tuned for more updates as Apple’s ‘Wonderlust’ event unfolds, promising innovation and excitement for tech enthusiasts worldwide.

    • Apple’s ‘Wonderlust’ event kicks off with high anticipation.
    • iPhone 15 series expected to feature USB-C ports, dynamic island technology, and a 48MP primary camera.
    • New AirPods Pro may receive software updates, including automatic device switching and Conversation Awareness.
    • Apple Watch Series 9 and Watch Ultra 2 likely to see performance improvements.
    • Reports suggest a manufacturing partnership with Tata Group for iPhone 15 production in India.
    • No new Apple Watch SE expected this year.
    • High-end iPhone 15 models to feature Titanium frames, while screen sizes remain the same.
    • Apple faces challenges in China, impacting its market value.
    • Stay tuned for live coverage of the event on Apple’s website and YouTube channel.
  • Apple Vision Pro to use custom-designed DRAM Chip

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    San Francisco: Apple’s upcoming AR (augmented reality) headset Vision Pro will reportedly feature a new type of dynamic random access memory (DRAM) that has been custom designed to support Apple’s R1 input processing chip.

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    Apple Vision Pro is powered by a pair of chips, including an M2 chip and an R1 chip, according to MacRumors.

    The Korea Herald first reported the news.

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    The M2 chip is in charge of processing content, running the visionOS operating system, executing computer vision algorithms, and providing graphical content, while the R1 chip processes all information from the headset’s 12 cameras, five sensors, and six microphones and streams images to the displays in 12 milliseconds.

    To meet the R1’s high-speed demands, the headset will use a 1-gigabit low latency DRAM chip supplied by SK hynix, which has an increased number of input and output pins to reduce delays, the report said.

    Apple’s $3,500 headset is set to go on sale early next year, beginning in the US.

    Meanwhile, Apple has reportedly slashed Vision Pro Mixed Reality (MR) headset production plans amid manufacturing challenges in China.

    According to a report in The Financial Times, citing sources, Apple has reportedly asked its main Vision Pro assembler Luxshare to make fewer than 400,000 units next year.

    It is reportedly down from an initial internal sales target of one million.

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    ( With inputs from www.siasat.com )

  • Government bans apple imports if its price is less than Rs 50 per Kg

    Government bans apple imports if its price is less than Rs 50 per Kg

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    New Delhi: The government on Monday banned the import of apples if its imported price is less than Rs 50 per Kg.

    The directorate general of foreign trade (DGFT) said in a notification that the imports are free if the price is above Rs 50 per kg.

    “Import of apples…is prohibited wherever the CIF (cost, insurance, freight) import price is less than equal to Rs 50 per Kg,” DGFT said in the notification.

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    The minimum import price condition shall not be applicable for imports from Bhutan, it added.

    In 2023, India imported apples worth USD 296 million against USD 385.1 million in 2022.

    The main countries which export apples to India include the US, Iran, Brazil, UAE, Afghanistan, France, Belgium, Chile, Italy, Turkey, New Zealand, South Africa and Poland
    Imports from South Africa rose 84.8 per cent to USD 18.53 million during April-February 2022-23.

    Similarly from Poland, the inbound shipments of apple increased by 83.36 per cent to USD 15.39 million. However, imports declined from countries like the US, UAE, France and Afghanistan.

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    ( With inputs from www.siasat.com )

  • First two retail stores in India milestone for Apple: CEO Tim Cook

    First two retail stores in India milestone for Apple: CEO Tim Cook

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    New York: India is at a “tipping point” and a major focus for Apple, the technology giant’s CEO Tim Cook has said, terming the opening of its first two retail stores in the country – in Mumbai and Delhi – as a “milestone” for the company.

    Speaking at Apple’s Q2 2023 earnings call on Thursday, Cook emphasised the dynamism and vibrancy in the Indian market, calling it “unbelievable”.

    “Looking at the business in India, we did set a quarterly record, grew very strong, double digits year-over-year. So it was quite a good quarter for us. Taking a step back, India is an incredibly exciting market. It’s a major focus for us,” Cook said.

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    Referring to his recent visit to India, Cook said in the earnings call, “I was just there, and the dynamism in the market, the vibrancy is unbelievable.” Cook was in India in April, his first trip to the country in seven years, to open Apple’s first official retail store in the country, in Mumbai, followed by the launch of a second store in New Delhi. Cook said the stores are “off to a great start.” Terming the opening of Apple’s first two stores in Mumbai and Delhi as a “milestone” for the company, the Apple CEO said, “…in a milestone for Apple, we just opened our first two Apple stores in India, in Mumbai and Delhi. I was there to see it for myself, and I couldn’t have been more delighted by the excitement and enthusiasm of the customers, developers, creators and team members I got to spend time with.” “I’ve had the chance to connect with customers and teams all around the world in recent months, so many people shared with me that they were fans of Apple, not just because of the innovations we create, but because of the values that guide us, and that means a great deal to us,” he said.

    He said that Apple has been expanding its operations in India to serve more customers.

    “We’ve got a number of channel partners in the country as well that we’re partnering with, and we’re very happy with how that’s going overall. Overall, I couldn’t be more delighted and excited by the enthusiasm I’m seeing for the brand there,” Cook said.

    He added that many people are “coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there.” On Apple’s performance in other emerging markets, Cook said the company had a stellar quarter in emerging markets overall, with records set in several places, including Indonesia and Mexico, the Philippines, Saudi Arabia, Turkey, UAE, and quarterly records set in Brazil, India and Malaysia.

    “It was a great quarter for emerging markets in general, despite the headwinds of the currency…and so we’re putting efforts in a number of these markets and really see, particularly given our low share and the dynamics of the demographics, et cetera, a great opportunity for us in those markets,” he said.

    Apple reported revenue of USD 94.8 billion for the March quarter and set an “all-time record” for services and a March quarter record for iPhone.

    Responding to a question comparing the market in India today and that in China a decade ago, Cook said each country is different and has its journey, “so I hesitate to compare too much. But what I do see in India is a lot of people entering the middle class, and I’m hopeful that we can convince some number of them to buy an iPhone, and we’ll see how that works out. But right now, it’s working out well.” In response to another question on which segment he sees the biggest opportunity for Apple in India, he said there is an opportunity across the board, including in services.

    “Obviously, the ARPUs (average revenue per user) are lower in India for whether you’re talking about TV and movie streaming or music, the ARPUs are much lower than other regions. But if you look at it over a long arc of time, I think there’s a good opportunity across the board,” he said.

    Cook also met Prime Minister Narendra Modi during his recent visit.

    “An absolute delight to meet you, @tim_cook! Glad to exchange views on diverse topics and highlight the tech-powered transformations taking place in India,” the prime minister tweeted after meeting Apple CEO.

    Cook also took to Twitter and said, “Thank you, Prime Minister @narendramodi for the warm welcome. We share your vision of the positive impact technology can make on India’s future — from education and developers to manufacturing and the environment, we’re committed to growing and investing across the country.” Cook had last visited India in 2016 when the tech giant began scaling up operations in the country.

    The company has set up a two-storey Apple store in Mumbai, covering an area of around 20,000 square feet. The Apple Saket Store in Delhi is half the size of the Mumbai store. The barricade for the Apple Saket store features a unique design that takes inspiration from the capital’s many gates.

    The company has more than 70 highly skilled retail team members at Apple Saket Store who come from a combined 18 states in India and collectively speak more than 15 languages.

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    #retail #stores #India #milestone #Apple #CEO #Tim #Cook

    ( With inputs from www.siasat.com )

  • Apple set quarterly record in India, country at a tipping point: Tim Cook

    Apple set quarterly record in India, country at a tipping point: Tim Cook

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    New Delhi: Apple set a quarterly record in the January-March period in India and grew very strong, in double digits year-over-year, said Tim Cook, the company’s CEO who was in India last month to open the first branded retail stores in Mumbai and New Delhi.

    Apple reported a record revenue of $94.8 billion for its March quarter which was better than expectations.

    “Looking at the business in India, we did set a quarterly record, grew very strong, double digits year-over-year. So it was quite a good quarter for us, taking a step back, India is an incredibly exciting market. It’s a major focus for us. I was just there, and the dynamism in the market, the vibrancy is unbelievable,” Cook told analysts during the earnings call late on Thursday.

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    Over time, he said, Apple has been expanding operations in India to serve more customers.

    “Three years ago, we launched the Apple Store online, and then, we launched two stores just a few weeks ago, and they’re off to a great start, one in Mumbai and one in Delhi,” said Cook.

    Apple has got a number of channel partners in the country as well.

    “Overall, I couldn’t be more delighted and excited by the enthusiasm I’m seeing for the brand there. There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” said the Apple CEO.

    The company achieved all-time records in Mexico, Indonesia, the Philippines, Saudi Arabia, Turkey and the UAE, as well as a number of March quarter records, including in Brazil, Malaysia and India.

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    #Apple #set #quarterly #record #India #country #tipping #point #Tim #Cook

    ( With inputs from www.siasat.com )

  • Tata Electronics to become a key Apple player after Wistron’s iPhone plant acquisition

    Tata Electronics to become a key Apple player after Wistron’s iPhone plant acquisition

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    New Delhi: As Apple doubles down on local manufacturing in India, Taiwan-based iPhone manufacturer Wistron is reportedly winding up its operations in the country and Tata Electronics is set to take over Wistron’s Karnataka factory and manufacture new Apple products.

    The move will only give a fillip to the government’s local manufacturing dream, at a time when iPhone exports from the country surged to cross $5 billion (over Rs 40,000 crore) in FY23.

    Wistron’s factory in Karnataka, that employs about 12,000 people, constitutes a major chunk of its business in the country.

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    According to a report in Hindu Business Line, Wistron will be winding down its operations and is “likely to approach the National Company Law Tribunal and the Registrar of Companies to dissolve its India operations within the next year.”

    The 150-year-old Tata Group has taken several measures to step up its business with Apple in the recent past.

    Prabhu Ram, Head, Industry Intelligence Group, CMR, told IANS that the ‘Make in India’ initiative is set to gain even more momentum with the emergence of homegrown majors, such as Tata Electronics, “and the possibility of concurrent production of the Apple iPhone 15 and beyond.”

    “As we progress, these initial steps will undoubtedly bolster India’s semiconductor ecosystem and strengthen its position in the global electronics value chains,” Ram added.

    According to the report, Wistron is also waiting for some subsidy payments under the smartphone production-linked (PLI) scheme, before it winds down its India operations.

    In FY23, Apple shipped more than 7 million iPhones and half a million iPads in the country, registering a 28 percent growth for iPhone shipments, according to initial estimates provided by market intelligence firm CMR.

    As Apple doubles down on domestic manufacturing in India, the tech giant is likely to garner 6 percent market share in FY23-34, with selling more than 8 million iPhones in the country in the period.

    In such a scenario, Tata Group is hopeful of India becoming an electronics manufacturing hub after the conglomerate succeeded in its efforts to take over Wistron’s iPhone assembly plant, according to earlier reports.

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    #Tata #Electronics #key #Apple #player #Wistrons #iPhone #plant #acquisition

    ( With inputs from www.siasat.com )

  • Tata Electronics to become a key Apple player after Wistron’s iPhone plant acquisition

    Tata Electronics to become a key Apple player after Wistron’s iPhone plant acquisition

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    New Delhi: As Apple doubles down on local manufacturing in India, Taiwan-based iPhone manufacturer Wistron is reportedly winding up its operations in the country and Tata Electronics is set to take over Wistron’s Karnataka factory and manufacture new Apple products.

    The move will only give a fillip to the government’s local manufacturing dream, at a time when iPhone exports from the country surged to cross $5 billion (over Rs 40,000 crore) in FY23.

    Wistron’s factory in Karnataka, that employs about 12,000 people, constitutes a major chunk of its business in the country.

    MS Education Academy

    According to a report in Hindu Business Line, Wistron will be winding down its operations and is “likely to approach the National Company Law Tribunal and the Registrar of Companies to dissolve its India operations within the next year.”

    The 150-year-old Tata Group has taken several measures to step up its business with Apple in the recent past.

    Prabhu Ram, Head, Industry Intelligence Group, CMR, told IANS that the ‘Make in India’ initiative is set to gain even more momentum with the emergence of homegrown majors, such as Tata Electronics, “and the possibility of concurrent production of the Apple iPhone 15 and beyond.”

    “As we progress, these initial steps will undoubtedly bolster India’s semiconductor ecosystem and strengthen its position in the global electronics value chains,” Ram added.

    According to the report, Wistron is also waiting for some subsidy payments under the smartphone production-linked (PLI) scheme, before it winds down its India operations.

    In FY23, Apple shipped more than 7 million iPhones and half a million iPads in the country, registering a 28 percent growth for iPhone shipments, according to initial estimates provided by market intelligence firm CMR.

    As Apple doubles down on domestic manufacturing in India, the tech giant is likely to garner 6 percent market share in FY23-34, with selling more than 8 million iPhones in the country in the period.

    In such a scenario, Tata Group is hopeful of India becoming an electronics manufacturing hub after the conglomerate succeeded in its efforts to take over Wistron’s iPhone assembly plant, according to earlier reports.

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    #Tata #Electronics #key #Apple #player #Wistrons #iPhone #plant #acquisition

    ( With inputs from www.siasat.com )

  • Former Indian-origin employee sent to jail for stealing USD 17 million from Apple

    Former Indian-origin employee sent to jail for stealing USD 17 million from Apple

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    San Francisco: Dhirendra Prasad, a former Apple employee who was charged with defrauding tech giant Apple and related tax crimes, has been sentenced to three years in prison and ordered to pay more than $19 million.

    He was charged in March 2022 for stealing around $17 million from the iPhone maker through mail and wire fraud schemes.

    Prasad, 55, from Mountain House in San Joaquin County, pleaded guilty to one count of conspiracy to commit mail fraud and wire fraud and one count of conspiracy to defraud the US on November 2, 2022.

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    The remaining counts were dismissed at sentencing, the US Department of Justice (DOJ) said in a statement.

    The criminal conduct centred around Prasad’s employment at Apple from December 2008 through December 2018.

    For most of that time, he was a “buyer” in Apple’s Global Service Supply Chain. It was Prasad’s job as an Apple buyer to facilitate the process through which Apple bought parts to perform warranty repairs on older devices.

    According to the Justice Department, Prasad exploited his position and conspired with two separate Apple vendors to defraud the iPhone maker by taking kickbacks, stealing parts, inflating invoices, and causing the tech giant to pay for items and services it never received — resulting in a loss to Apple of more than $17,000,000.

    In addition to engaging in two separate criminal conspiracies with Apple vendors, Prasad also acknowledged that he evaded tax on the proceeds of his schemes.

    By virtue of his position at Apple, “Prasad was given substantial discretion to make autonomous decisions to benefit his employer”.

    He abused his power to enrich himself at his employer’s expense — all while accepting hundreds-of-thousands of dollars worth of compensation from Apple in the form of salary and bonuses.

    “Additionally, Prasad used his insider information regarding the company’s fraud-detection techniques to design his criminal schemes to avoid detection,” said the DOJ.

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    ( With inputs from www.siasat.com )

  • Apple unveils Apple Card’s savings accounts with 4.15% interest rate

    Apple unveils Apple Card’s savings accounts with 4.15% interest rate

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    San Francisco: Apple has launched a new high-yield savings account for Apple Card users that will come with a 4.15 annual percentage yield (APY).

    Apple Card users can now choose to grow their Daily Cash rewards by automatically depositing their Daily Cash into a high-yield Savings account from Goldman Sachs.

    “Starting today, Apple Card users can choose to grow their Daily Cash rewards with a Savings account from Goldman Sachs, which offers a high-yield APY of 4.15 per cent — a rate that’s more than 10 times the national average,” said the company.

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    With no fees, no minimum deposits, and no minimum balance requirements, users can easily set up and manage their Savings account directly from Apple Card in Wallet.

    “Savings helps our users get even more value out of their favorite Apple Card benefit ‘Daily Cash’ while providing them with an easy way to save money every day,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet.

    “Our goal is to build tools that help users lead healthier financial lives, and building Savings into Apple Card in Wallet enables them to spend, send, and save Daily Cash directly and seamlessly ‘all from one place’,” Bailey added.

    Once a Savings account is set up, all future Daily Cash earned by the user will be automatically deposited into the account.

    To build on their savings even further, users can deposit additional funds into their Savings account through a linked bank account, or from their Apple Cash balance.

    “Users will also have access to an easy-to-use Savings dashboard in Wallet, where they can conveniently track their account balance and interest earned over time,” Apple said late on Monday.

    Users can also withdraw funds at any time through the Savings dashboard by transferring them to a linked bank account or to their Apple Cash card, with no fees.

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    #Apple #unveils #Apple #Cards #savings #accounts #interest #rate

    ( With inputs from www.siasat.com )

  • Bullish on India, Tim Cook to unveil Apple retail stores in Mumbai, Delhi

    Bullish on India, Tim Cook to unveil Apple retail stores in Mumbai, Delhi

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    New Delhi: As Apple firms up its plans to put India on its global manufacturing and retail map, the company’s CEO Tim Cook will be in India next week to inaugurate Apple’s brick-and-mortar stores in Mumbai and Delhi.

    Reliable sources told IANS that Cook will inaugurate Apple’s own branded retail stores — at Jio World Drive Mall in Mumbai and at Select CityWalk mall in Saket, Delhi — that will be the first for the tech giant which has doubled down on its India growth plans.

    Apple set another all-time revenue record for the India market in the quarter that ended December 31, 2022.

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    In the analysts’ call after posting its quarterly results, Cook said, “India is a hugely exciting market for us and a major focus.

    “We brought the online store there in 2020. We will soon bring Apple Retail there,” Cook had announced.

    “I’m very bullish on India,” he added.

    According to the India Cellular and Electronics Association (ICEA), Apple’s ‘Make in India’ smartphone now constitutes 50 per cent of total exports.

    Reports surfaced earlier this year that Cook-led Apple will quickly shift some of its China manufacturing to India and Vietnam in the next 2-3 years.

    India is likely to produce 45-50 per cent of Apple’s iPhones by 2027, at par with China, where 80-85 per cent of iPhones were produced in 2022, according to estimates.

    India accounted for 10-15 per cent of iPhones’ overall production capacity at the end of 2022.

    Apple became the first smartphone player in India to have exported $1 billion worth iPhones in the month of December.

    It currently manufactures iPhones 12, 13, 14 and 14 Plus in the country.

    As Apple gears up to throw open the gates of its first branded retail store in India this month, its physical stores have left an indelible impression on millions worldwide.

    For millions of Indians, visiting an Apple Store in the country will be a delightful experience. Those who have a constant yearning to be ‘delighted’ at Apple Stores at world-famous tourist spots, India will soon be on the Apple’s retail global map.

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    ( With inputs from www.siasat.com )