Note ban, iPhone 7 drive Apple’s India revenue to all-time high

Apple_iphone7Cupertino-based Apple Inc. posted an “all-time record revenue” in India in the October-December quarter, the iPhone-maker’s CEO Tim Cook said during a post-earnings call on Wednesday. The Apple chief added the results were especially impressive given “the demonetisation move in India that created lots of economic pressure last quarter.” The company, however, does not break […]

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App Store sees record sales on New Year’s Day

Apple1For technology giant Apple Inc’s App Store, 1 January 2017 turned out to be its busiest single day ever, registering a whopping $240 million in customer purchases. Also, 2016 was a year of unprecedented developer earnings and breakout app hits, the company said in a statement on Thursday. Developers earned over $20 billion in 2016, […]

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Apple partner Wistron seeks approval to expand Bengaluru plant

For-Apple-Wistron-Story_20161006_Ankit-Kumar_Apple-iWorld-004Wistron Corp, a Taiwanese smartphone component manufacturer that also supplies to iPhone maker Apple Inc, is seeking permission to expand its Bengaluru plant, Reuters reported on Monday. Wistron, the single-largest contract manufacturer for smartphones in India, has requested the Karnataka government to fast-track its application, the report said, citing an unnamed state government official. Wistron […]

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Nokia sues Apple in Europe and US for infringement of patents

For-Nokia-Story_person-woman-hand-smartphoneNokia has filed lawsuits against Apple in Europe and the US for violating 32 technology patents. The move comes just a day after Apple’s legal action against Nokia on similar lines. Nokia alleged that the US tech giant Apple has been using Nokia’s technology in “many” products without paying for it, in its official blog. […]

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Apple in talks to start manufacturing in India

20161007_Shah-Junaid_Apple-iPhone7-Launch-005Apple Inc. is in talks with the Indian government to explore options for manufacturing its products in the country, a media report said on Tuesday. The company outlined its plans in a letter to the government last month and sough financial incentives, The Wall Street Journal reported, citing two senior government officials it didn’t name. […]

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Machine learning startup Entropik gets $200K from two investors

For-Fintech-KountMoney-Story-VC_ThinkstockPhotos-516214052Machine learning startup Entropik Technologies Pvt. Ltd, which recognises emotions to help companies understand consumer behaviour, has raised $200,000 (nearly Rs 1.36 crore) from two individual investors. The startup raised the funding from Dileep Bhatt, president of downstream operations at JSW Steel Ltd, and Milind Chaudhary, director of Sea Global Services Pvt. Ltd, it said […]

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Apple alleges Amazon’s US site selling counterfeit products

For-Apple-Story_20161007_Shah-Junaid_Apple-iPhone7-Launch-0052Apple Inc., the maker of iPhones, has alleged that e-tailer Amazon.com Inc.’s site in the US is selling fake Apple products. The Cupertino, California-headquartered company has filed a federal lawsuit against an Amazon seller over what it calls as counterfeit products. According to a report by the BBC, Apple said it had been buying its […]

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All you want to know about Indian AI startup Tuplejump that caught Apple’s eye

AppleTech giant Apple Inc. has acquired Hyderabad-based machine learning startup Tuplejump as part of efforts to boost its artificial intelligence capabilities. The development was first reported by tech news portal TechCrunch. The startup, which had a dozen employees, was launched by three Indian engineers—Rohit Rai, Satyaprakash Buddhavarappu and Deepak Alur—in 2013. The first two co-founders […]

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Apple’s India iPhone sales, market share tumble as pressure mounts to boost growth

Apple Inc.’s mobile-phone shipments and market share in India plunged in the April-June period from a year earlier, according to US-based research firm Strategy Analytics, highlighting the challenges the iPhone maker faces in the world’s third-largest smartphone market. The company shipped 800,000 smartphones in India in the second quarter of 2016, down by a third […]

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Apple’s India sales continue to surge as iPhone battles global slump

iphone_feIndia has emerged as one of Apple Inc.’s fastest-expanding markets and the company is looking forward to open retail stores in the country to accelerate growth, CEO Tim Cook said after the iPhone maker posted a drop in quarterly revenue and profit. “In the first three quarters of this fiscal year, our iPhone sales in […]

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