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Tag: apple

  • Apple’s Global Revenues To Cross $400 Billion For 1st Time This Year: Report |

    New Delhi: Driven by growth in both hardware and services segments, Apple’s global revenues are expected to cross the $400-billion mark for the first time in 2024, a report said on Wednesday.

    After a decline in 2023, Apple’s hardware revenues are expected to grow 3 percent (year-on-year) in 2024, according to Counterpoint Research.

    All the key hardware segments – iPhone, iPad, Mac, Watch, AirPods – are likely to drive this growth supported by new launches. AirPods could emerge as the fastest-growing segment this year.

    “In terms of growth rates, and now with the advent of Apple Intelligence, the services segment does seem very exciting. It is poised to grow at a much faster rate than hardware,” said Tarun Pathak, Director, Counterpoint Research.

    However, in terms of absolute revenue growth, hardware remains critical in pushing the needle considering it contributes to three-fourths of Apple’s global revenues.

    “After a decline in 2023, 2024 will see growth in several key hardware categories driven by multiple launches. Then there is also a promise of Apple Intelligence being implemented across hardware segments, which has once again created some excitement and could drive upgrades,” Pathak mentioned.

    Meanwhile, services revenue will continue to grow and reach record levels in 2025, crossing the $100-billion mark for the first time.

    Apple Intelligence could boost the services revenue by at least 10-15 per cent in coming years depending on how Apple chooses to monetize, the report mentioned.

    In 2025, the revenue from services is likely to become bigger than the revenue from hardware excluding iPhones.

    Meanwhile, riding on robust local production, Apple is all set to create 5-6 lakh jobs (direct and indirect) in the coming 1-2 years in India. The iPhone exports continue to clock around $1 billion each month thanks to the government’s production-linked incentive (PLI) scheme.

    According to the government, in the ecosystem of Apple alone, more than 2 lakh people have got employment and there is good amount of growth. Apple aims to manufacture more than 50 million iPhones in India per year, as it aims to shift some of the production out from China.

  • Who Is Kevan Parekh? Meet Indian-Origin New CFO Of Apple, Know About His Profile |

    Cupertino (California): Apple has appointed Indian-origin Kevan Parekh as its new Chief Financial Officer (CFO) who will also join the executive team at the tech giant.

    Current CFO Luca Maestri will transition from his role on January 1, 2025, Apple said in a statement.

    “For more than a decade, Kevan has been an indispensable member of Apple’s finance leadership team, and he understands the company inside and out,” said Cook.

    “His sharp intellect, wise judgment, and financial brilliance make him the perfect choice to be Apple’s next CFO,” the Apple CEO added.

    Brief Profile Of Kevan Parekh,

    Before joining Apple, Parekh held various senior leadership roles at Thomson Reuters and General Motors, where he also had extensive global experience.

    An electrical engineer with a Bachelor’s of Science from the University of Michigan and an MBA from the University of Chicago, Parekh has been at Apple for 11 years and currently leads Financial Planning and Analysis, G&A and Benefits Finance, Investor Relations, and Market. Research.

    “Prior to this role, Parekh led Worldwide Sales, Retail, and Marketing Finance. He began his tenure leading the financial support of Apple’s Product Marketing, Internet Sales and Services, and Engineering teams,” said the company.

    Maestri will continue to lead the Corporate Services teams, including information systems and technology, information security, and real estate and development, reporting to Apple CEO Tim Cook.

    “Maestri has been an extraordinary partner in managing Apple for the long term. He has been instrumental in improving and driving the company’s financial performance, engaging with shareholders, and instilling financial discipline across every part of Apple,” said Cook.

    During his time as CFO, Maestri enabled essential investments and practiced robust financial discipline, which together helped the company more than double its revenue, with services revenue growing more than five times.

    “It is the greatest privilege of my professional life to serve the world’s most innovative and admired company, and to work side by side with a leader as inspirational as Tim Cook,” said Maestri.

  • iPhone 16 Series: Why Apple To Focus On Manufacturing More iPhone 16 Pro, Pro Max Models |

    New Delhi: Apple is likely to unveil its flagship iPhone 16 series next month, in September. The iPhone 16 series is expected to include four new variants: the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. However, the official color names haven’t been confirmed yet.

    The Apple event is expected to take place on September 10, 2024, based on Apple’s usual schedule. Ahead of the anticipated launch, the Cupertino-based tech giant is likely to focus more on the Pro models in the upcoming iPhone lineup.

    Apple to Focus on Manufacturing Pro Models

    The supply chain suggests that Apple may produce around 90 million iPhone 16 models, according to a report by The Elec. It is rumored that Apple may manufacture 24.5 million units of the base iPhone 16, 5.8 million of the Plus model, 26.6 million of the iPhone 16 Pro, and 33.2 million of the Pro Max version.

    Notably, 67% of the phones that Apple will manufacture for the iPhone 16 series will be Pro and Pro Max models. On the other hand, the base iPhone 16 and the Plus variant will have a 27% and 6% share of the production, respectively.

    The iPhone Pro models are already in high demand among consumers, so the company is likely to maintain this trend, expecting strong sales for the Pro models to continue.

    The iPhone 16 Pro models are expected to come with a tetra-prism lens along with an upgraded 48MP ultra-wide lens. Furthermore, the non-Pro models are also likely to receive enhancements, including a wider aperture for improved low-light photography, macro support, and a vertical camera arrangement to enable Spatial Video recording.

    According to rumours, it is also suggested that the base iPhone 16 models may get a new Capture button, designed to make taking photos more convenient.

  • Apple Event 2024: iPhone 16 Series, AirPods 4, And Watch Series 10 Expected To Make Debut In September |

    New Delhi: Tech giant Apple is expected to unveil a range of new products this year in the month of September 2024 event. In the mega-event, the fans can look forward to the iPhone 16 series, along with the Apple Watch Series 10, AirPods 4 and more.

    The Apple event is expected to take place on September 10, 2024, based on Apple’s usual schedule. It is important to note that the Pre-orders for the new Apple products might open around September 13, with official sales possibly starting on September 20 this year.

    Let’s have a quick look at the Apple products that Apple fans can expect-

    iPhone 16 Series:

    The iPhone 16 series is expected to unveil four new models: the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. However, the official color names haven’t been confirmed.

    Apple is likely to continue using the Titanium branding from the iPhone 15 Pro models. The much anticipated 2024 iPhones will run iOS 18 operating system.

    The iPhone 16 and iPhone 16 Plus are likely to be powered by A18 Bionic chipset. Meanwhile, the iPhone 16 Pro and iPhone 16 Pro Max are tipped to come equipped with A18 Pro processor.

    It is important to note that all models will run on iOS 18, which will introduce enhanced AI features, including improved Siri capabilities and advanced text tools.

    Apple Watch Series 10:

    It is expected to retain a similar design to previous models but with larger display options of 45mm and 49mm. The smartwatch is likely to be equipped with new health sensors for tracking conditions like sleep apnea and hypertension.

    Furthermore, Apple’s mega event may also see the debut of the Apple Watch Ultra 3 and a third-generation Apple Watch SE. The SE model is expected to feature a redesigned plastic case to appeal to a broader audience.

    AirPods 4

    Apple’s fourth-generation AirPods are rumored to be launched at this event. The premium earbuds are expected to feature a new H2 chip for improved audio and longer battery life.

    For connectivity, the earbuds support a USB Type-C charging port, marking a shift from Apple’s traditional Lightning connector.

  • iPhone 15 Sees Major Price Drop Before iPhone 16 Launch: Discount Details Inside |

    New Delhi: Apple is set to unveil its new iPhone 16 series just about a year after the iPhone 15 hit the market. While the release date for the iPhone 16 remains under wraps, anticipation is growing for the new features the devices will bring. In the meantime, the iPhone 15 is grabbing attention for its notable price drop on Flipkart during the Month-End Mobiles Fest which runs until August 26.

    The 128GB version of the iPhone 15 is currently available for RS 64,999 on Flipkart, down from Apple’s official price of Rs 79,600. This discount of Rs 14,501 is a significant offer on a device that was a flagship model just a year ago.

    Along with the direct discount, Flipkart is also offering an exchange deal that could cut the price by up to Rs 42,100, based on the condition of your old phone. Keep in mind, though, that the actual exchange value might be lower than the maximum advertised amount.

    This deal on the iPhone 15 does not include additional bank discounts from Flipkart. Buyers should consider making their purchase soon as prices and availability might change before the sale concludes.

    Early rumors about the iPhone 16 series indicate that the standard models will come with only minor updates, including a slightly bigger battery, a new chipset, and some small design tweaks. Given that the new models are expected to have higher prices, those who can afford to wait might want to hold off and see the full details of the iPhone 16 before buying.

  • Apple MacBook Air M3 Gets Huge Discount on THESE Platforms; Effectively Priced Under Rs 1 Lakh |

    New Delhi: Apple recently launched the latest MacBook Air lineup in India earlier this year. The laptop is powered by M3 chipset. Within a few months of hitting the markets, the e-commerce giant Amazon, Flipkart and Vijay Sales are offering a massive discount on the laptop, making it available at an effective price of under Rs 1,00,000 in the ongoing Sale. Notably, the laptop enters the market at a starting price of ₹1,14,900.

    MacBook Air M3 Price Cut In India On Amazon:

    The MacBook Air M3 laptop is available for Rs 1,04,900 for the 8GB RAM and 256GB SSD variant. Consumers can also avail of an additional discount offer of Rs 5,250 on HDFC Bank 24-month debit card EMI, which will effectively drop the price to Rs 99,650.

    MacBook Air M3 Price Cut In India On Flipkart:

    The 13-inch laptop costs Rs 1,04,900 for the 8GB RAM and 256GB SSD model. Consumers can also avail an instant discount of Rs 10,000 for ICICI and SBI Bank credit card holders, which further reduces the price to Rs 94,900. There is also an additional Rs 5,000 exchange bonus for users exchanging old devices on certain models.

    MacBook Air M3 Price Cut In India On Vijay Sales:

    The Apple laptop is listed at a price of Rs 1,03,490 for the 8GB RAM + 256GB SSD after a discount of Rs 11,410. Consumers can also avail an instant Rs 10,000 discount for credit card users from ICICI and SBI Bank, which further reduces the price of the laptop to Rs 93,490.

    Apple MacBook Air M3 Specifications:

    The Apple watch features a 13-inch LED Liquid Retina display with a resolution of 2560 x 1664 pixels and a peak brightness of 500 nits. The laptop is a thin and light machine with a weight of just 1.24kg and support for a 1080P camera. It uses a 52.6-watt-hour Lithium Polymer Battery in the MacBook M3 with 18 hours of battery life.

  • India’s Smartphone Market Grows 3.2 Per Cent With 39 Mn Units Shipment In Q2, Vivo Tops Chart |

    New Delhi: The Indian smartphone market grew 3.2 per cent with 39 million units shipment in the second quarter of 2024, market research firm International Data Corporation said on Tuesday.

    The market was led by Chinese smartphone maker Vivo with a 16.5 per cent share in volume terms with its shipment growing by 6.7 per cent on a year-over-year (YoY) basis, it said.

    Apple led the super-premium segment, which are smartphones priced above Rs 67,000 a piece with an 83 per cent share followed by Samsung with a 16 per cent share.

    “Overall, Vivo continued to lead for the second consecutive quarter, with multiple launches across price segments through the Y series, mid-premium V series and flagship X Fold 3 Pro. Motorola registered the highest growth backed by product portfolio across price segments,” the report said.

    Xiaomi followed Vivo with 13.5 percent market. Samsung slipped to the third sport with a 12.9 per cent share as its shipment declined 15.4 per cent on a YoY basis, according to the report.

    Apple stood at the sixth spot with a 6.7 per cent market share and a 24.2 per cent increase in shipment on a YoY basis. According to IDC Worldwide Quarterly Mobile Phone Tracker, the Indian smartphone market shipped 69 million smartphones in the first half of 2024.

    In the premium segment, the price range above Rs 50,000 to Rs 67,000, Apple’s share increased YoY to 61 per cent, while Samsung’s share increased to 24 per cent, from 21 per cent a year ago, the report said.

    “The entry-premium segment (USD200 or about Rs 16,700 to USD 400 or Rs 33,500) is expected to see healthy growth, while the entry-level (sub-USD100) will remain challenged at least this year despite efforts around launching affordable 5G smartphones. Also, the marketing around GenAI smartphones will be more pronounced, amid heavy promotional activities around it,” IDC, Associate Vice President, Devices Research, Navkendar Singh said.

    The biggest growth segment in the overall smartphone market was the entry-premium segment which counts devices priced in the range of Rs 16,000 to Rs 33,500.

    The segment’s share increased to 30 per cent from 22 per cent and registered the highest growth of 42 per cent on a YoY basis According to the report, 27 million 5G smartphones were shipped in the quarter, and the share of 5G smartphones shipments increased to 77. per cent, up from 49 per cent in the year-ago period, while 5G smartphone ASPs declined by 22 per cent YoY to USD 293 or about Rs 24,600.

    Within 5G, shipments of the mass budget segment priced in the range of Rs 8,000-Rs 16,700, grew by 2.5 times to reach a 45 per cent share.

  • iPhone, iPad, And Mac Users At High Risk! Central Government Issues ‘High Risk’ Warning For Apple Products |

    Beware iPhone, iPads And Mac Users! The Central Government of India has recently raised serious security vulnerabilities in Phones, iPads, Mac and other Apple products. The government has issued an advisory issued by the Indian Computer Emergency Response Team (CERT-In).

    Moreover, serious security vulnerabilities could lead to spoofing or the leaking of sensitive information from the device, as per the CERT-In advisory. This advisory has been issued on the CERT-In’s official platform, flagging the issue as ‘highly severe’.

    “Multiple vulnerabilities have been reported in Apple products which could allow an attacker to access sensitive information, execute arbitrary code, bypass security restrictions, cause denial of service (DoS) and perform spoofing attacks on the targeted system”, reads CERT-In advisory.

    iOS, MacOS, WatchOS, TvOS, VisionOS, And Safari On High Risk

    The vulnerabilities impact various Apple software, including iOS and iPadOS versions before 17.6 and 16.7.9, macOS Sonoma before 14.6, macOS Ventura before 13.6.8, macOS Monterey before 12.7.6, watchOS before 10.6, tvOS before 17.6, visionOS before 1.3, and Safari before 17.6.

    Apple Issues Latest Security Updates

    The Cupertino-based company Apple hasn’t confirmed security issues until they conduct an investigation. However, the company issued their latest security updates last week. It is important to note that the latest versions of this software are also listed on their portal.

    Furthermore, the CERT-In has requested users to apply the appropriate software updates listed by Apple.

  • Tech Showdown: Google Pixel 9 Vs iPhone 16; What New AI Features To Expect From Anticipated Smartphones? ,

    Google Pixel 9 Vs iPhone 16: The tech world is abuzz with excitement and curiosity as two of the most anticipated smartphones of 2024 prepare to go head-to-head: the Google Pixel 9 and the iPhone 16. Both devices are expected to promise groundbreaking. AI features and performance enhancements that aim to push the boundaries of what a new generation of smartphones can do.

    Let’s have a quick look at the much-anticipated smartphones equipped with AI features

    Google Pixel 9 AI Features (Expected)

    The Pixel 9 series is expected to be loaded with AI features including Gemini AI and Circle to Search. The Magic Editor reportedly accepts text prompts for more intuitive image editing, and the “Add Me” feature allows you to insert yourself into group photos even if you weren’t originally there.

    Adding further, the Circle to Search feature will enhance search capabilities, and the Pixel Screenshots feature will make it easier for users to save and find information from their screenshots. Pixel 9 users are also expected to gain access to Pixel Drops, a platform providing exclusive features and enhancements.

    iPhone 16 AI Features (Expected)

    Apple plans to introduce Apple Intelligence through software updates by October, a few weeks after releasing iOS 18 and iPadOS 18, according to reports. Meanwhile, Apple will let developers test Apple Intelligence early, starting this week, through iOS 18.1 and iPadOS 18.1 betas.

    This delay means the first iPhone 16 models sold might not have the new AI features right away; Users will need a software update a few weeks after purchasing. Apple Intelligence includes features like better notification prioritization, web page and voice note summaries, improved writing tools, a revamped Siri, and integration with OpenAI’s ChatGPT.

    Google Pixel 9 Specifications (Expected)

    The upcoming smartphone is expected to feature a 6.3-inch display with a resolution of 1080 x 2400 pixels and a 120 Hz refresh rate, complemented by a punch-hole design. It could be Powered by the Google Tensor 4 octa-core processor. The device is expected to be loaded with a 5000 mAh battery that supports 45W fast charging.

    For Connectivity, the smartphone could support dual SIM, 3G, 4G, 5G, VoLTE, Vo5G, Wi-Fi, and NFC. It will come with 12 GB of RAM and 256 GB of inbuilt storage. For photography, there is a dual rear camera setup with two 50 MP sensors and a 10.5 MP front camera. The smartphone will run on Android v14.

    iPhone 16 Specifications (Expected)

    The premium smartphone could sport a 6.1-inch OLED screen and offers a 120Hz refresh rate with micro-lens technology, according to MacRumors report. Under the hood, the model could use an A18 chipset and an upgraded Neural Engine for generative AI tasks in iOS 18. The iPhone 16 is expected to support Apple Intelligence features, rolling out in beta this fall. It might come with 8GB of RAM and up to 512GB of storage. In terms of optics, it could feature a 48MP + 12MP rear camera setup and a 12MP selfie lens.

    The rear cameras might be vertically aligned in a pill-shaped bump to enable Spatial Video recording support. The phone could be equipped with a 3,561mAh battery that supports both wired and wireless charging.

    Adding further, the iPhone 16 may feature an enhanced graphene thermal system. Other notable highlights include Wi-Fi 7, an Action Button, and a new ‘Capture Button’ designed to unlock various photo and video shooting capabilities. According to Apple analyst Ming-Chi Kuo, the iPhone 16 will likely be available in black, green, pink, blue, and white, with no purple or yellow options.

  • iPhone 15 Pro Max, iPhone 15 Pro, And iPhone 14 Prices Drop in India After Customs Duty Relief; Check New Price |

    iPhone Price Cut: Good News For iPhone users! Apple has reduced the prices of its premium iPhone models in India. The California-based tech giant announced this after Finance Minister Nirmala Sitharaman presented the Union Budget 2024. The budget includes a reduction in basic customs duty on smartphones from 20 per cent to 15 per cent. It is important to note that the price cut also comes at a time when demand for iPhones seems to be slowing down in China.

    Notably, this is the first time that Apple has reduced prices for its Pro models. However, the company usually discontinues Pro models after the new generation of Pro models are launched.

    According to the Economic Times, despite these price cuts, the maximum retail price (MRP) of Pro models has stayed the same. However, dealers and resellers are offering selective discounts to clear out older inventory.

    Furthermore, iPhone shipments in India climbed 39 per cent to 9.2 million units in 2023, making it the company’s fifth-largest market for its phones. India’s market for iPhones is larger than any single country in the European Union, as Morgan Stanley reported.

    In India, imported smartphones are subject to an 18 per cent GST, a 22 per cent customs duty, and a 10 per cent surcharge on the basic customs duty. Let’s take a quick look at the new smartphone prices in India-

    – iPhone 15 Pro has been reduced by Rs 5,100 and is now priced at Rs 1,29,800.

    – iPhone 15 Pro Max has been slashed by Rs 5,900 and is now selling for Rs 1,54,000.

    – iPhone 15 Plus has also been reduced by Rs 300 and is now priced at Rs 89,600.

    – iPhone 14 has been lowered by Rs 300 and is now selling at Rs 69,600.

    – iPhone 13 has similarly been reduced by Rs 300 and is now available for Rs 59,600.

    – iPhone SE has received a more substantial price cut of Rs 2,300 and is now priced at Rs 47,600.

    In the case of Apple, 99 per cent of the mobile phones sold in India are currently manufactured locally, with only a few high-end models being imported.