Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
Tech giant allowed to set up fully owned shops, with 30% local sourcing like everyone else.
Apple has removed hundreds of apps from its App Store over concerns that they gathered personal information from phones.
The content discovery platform designed to help you discover content and services in the language of your choice recently turned profitable. It has delivered 1 billion application installs and updates in the past 12 months, says Samreen Ahmad.
Take a glimpse at the striking images from the world of business in 2011.
Apple recently added a new pink nano to its line of iPod mp3 players. We highlight a few of its features.
A customer has filed a complaint before the Commission under section 4 of the Competition Act 2002
With a slew of product releases this time, Apple has made it very difficult for its competitors to survive in the market with its state-of-the-art products and software. It will be interesting to see how competition answers with their upcoming products.
During his visit to India in May, the Apple CEO had discussed the issue with Prime Minister Narendra Modi.
The new iPad Wi-Fi models will be available in black or white at price of $499.
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Single-brand retailers are also allowed to take e-commerce route for such trading.
Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailers.
Apple on Tuesday launched a latest version of its operating system for desktops and servers in India.
Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.
The minister, however, said she was not in favour of relaxing rules for Apple to sell refurbished second-hand phones in India
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.
The Mumbai crime branch has appointed forensic auditors to look into the financial transactions and bank accounts of businessman Raj Kundra, arrested in an adult films case, a police official said.
First price, then performance, but the brand name comes in last.
As of July 2011, Apple had 357 retail stores in 10 countries.
The company is exploring launching iPhones with bigger screens, as well as cheaper models.
Demand is expected to grow as most customers await a drop in prices.
It had requested the government to grant it 15 years of duty-free import of components to assemble its iPhones in the country, sharing a road map to slowly indigenise products.
The trip was more about understanding the Indian market, but was also about signaling to the world that Apple has arrived in India
The General Motors Building in New York is marked by buyers' curses.
Twitter users were generally impressed with Apple TV, with some people joking that they would have to buy a TV to use the Siri remote and app store.
It, however, does not manufacture devices on its own and rather does it through contract manufacturers.
According to retail-intelligence firm StellaService, customers who buy a product from Apple's online store can get a refund in under a week, versus 10 days previously.
Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.
Apple Pay will be available in 250,000 locations across the UK.
Apple Inc said it received a record four million first-day pre-orders of its new iPhone 6 and iPhone 6 Plus, meaning many customers will have to wait until October for their new phones.
Apple has authorised Bharti Airtel to 'unlock' its 3G iPhones, launched earlier, enabling the Indian company to sell it through their stores to any user, not necessarily only an Airtel subscriber.
Is Apple going the Android way? Some of the features and enhancements in iOS 14 might make you think the smartphone giant is trying to introduce some android experiences into its ecosystem, says Ashish Narsale/Rediff.com.
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
Apple said it sold 51.2 million iPhones in its second fiscal quarter, down from 61.2 million in the same quarter a year ago but above analysts' estimates of about 50 million devices.
It will be available from April 24.
Xiaomi's latest smartphone Mi4 surely can give Apple's iPhones serious competition, says Shruti Puri, and could dent sales of iPhone 6 and iPhone 6 Plus that helped Apple post fantastic quarterly numbers recently.
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The total number of such requests from global law enforcement agencies is over 12,400, Apple said in a report.
