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According to research firm Counterpoint, Apple was one of the fastest-growing brands in India during the December quarter. This was driven by multiple price cuts on its XR device, thanks to local manufacturing in India, it had said. It added that the rollout of new iPhones (11 series), aggressive pricing and a good channel strategy was helping Apple gain market share in India.
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The new mantra was to align Apple's ambition with the government's, focusing on Modi's favourite themes of Make in India, employment generation and India as a high-tech export hub.
Bowing to pressure mounted by Chinese official media, Apple Inc CEO Tim Cook has apologised for company's warranty policies in China, saying the company is sorry for any "concern or misunderstanding" in the country.
During the year, the company extended its leadership in the smartphone market.
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
The CEOs of four tech giants -- Amazon, Apple, Facebook and Google -- appeared before the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law on Wednesday to address concerns that their businesses may be harming competition.
On Thursday (August 25), Steve Jobs resigned as Apple's chief executive officer and named Tim Cook as his successor. Jobs has been elected chairman of the board and Cook, previously Apple's chief operating officer, too will join the board with immediate effect.
Apple has been lobbying hard for exemption from the mandatory 30 per cent local sourcing.
India's stiff labour laws were one key issue that Apple CEO Tim Cook discussed with Prime Minister Modi on his recent visit.
Apple, which is seeing declining sales elsewhere in the world, is betting big on India for growth as sales here saw an impressive 56 per cent growth in the January-March 2016 quarter.
Cook revealed only a handful of incremental insights on Apple''s products and strategies.
"I love India, but I believe Apple has some higher potential in the intermediate term in some other countries," Apple CEO Tim Cook said.
Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview with PTI, the minister confirmed that the two projects include a $8 billion proposal submitted by Israel-based Tower Semiconductors and the other from Tata Group. "I am happy to share this with you and you are probably the first one I'm sharing this with.
Apple Inc's new smartphone iPhone 5 sold more than two million handsets in China in the first three days after the launch, setting a new record in its second largest market.
The list has been topped by Amazon founder and CEO Jeff Bezos with Apple CEO Tim Cook coming in at the second place.
Test cricket will see two players featuring in their 100th game together for only the fourth time when India off-spinner Ravichandran Ashwin and England batter Jonny Bairstow take the field in Dharamsala on Thursday.
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Apple makes the majority of its products, from Macs to the iPhone and iPad, in China, the world's factory floor for electronics.
Technology giant Apple, which recorded $83 billion in revenue for the quarter ended June 2022, has reported a "near doubling" of revenue in India. Announcing financial results for its fiscal 2022 quarter ended June 25, Apple on Thursday said it has achieved a revenue record of $83 billion, up 2 per cent year-over-year. Apple CEO Tim Cook, during an earnings call, said the 83 billion dollar revenue was "better than we expected despite supply constraints, strong foreign exchange headwinds and the impact of our business in Russia."
Mac sales were down 21 per cent in Dec quarter.
Steve Jobs had been struggling with health issues for quite some time.
Modi was addressing the State Dinner hosted in his honour by US President Joe Biden and First Lady Jill Biden at the North Lawn of the White House.
Jobs will now be the chairman of Apple's board.
Apple's latest iPhone -- thinner, lighter and with a 4-inch screen -- went on sale in India with a starting price of 45,500 rupees.
US-based Get Ahead reader Rangaprabhu Parthasarthy offers his take on the iPhone 5 which was unveiled by Apple CEO Tim Cook at Yerba Buena Center in downtown San Francisco on September 12
Terming Rajan as "India's prescient banker," Time said he is among a rare breed of "economic seers".
Global and domestic manufacturers woo consumers with low-priced, feature-rich handsets.
England skipper Alastair Cook was a relieved man after the fourth one-dayer against India ended in a tie, allowing his side to clinch the five-match series by taking an unassailable 2-0 lead.
The new iPhones are "jam packed with new capabilities and an incredible new design", said Apple chief executive Tim Cook.
Get Ahead read Rangaprabhu Parthasarthy offers his take on what the iPhone 5 will be like based on rumours doing the rounds on the Internet
India captain Virat Kohli's stoic batting helped India eke out a draw on the fifth and final day in the opening Test against England in Rajkot on Sunday. But it was his English counterpart Alastair Cook, who stole the show and the records on the day!
US technology major Apple on Friday started selling Apple Watch in India at a starting price of Rs 30,990 to Rs 9.9 lakh per unit.
Prime Minister Modi's remarks on Thursday came during his address to a joint session of the US Congress. He attributed a big part of the success of India-US ties to Indian-Americans.
Artificial intelligence and augmented reality will reinforce the importance of the iPhone, says Tim Cook.
Apple CEO Tim Cook has revealed the hardware that would be packed inside the iPhone 4S.
Did Apple fail to manage expectations with iPhone 4S? Is the Apple magic waning now that Steve Jobs is no more at the helm of affairs? To be able to decide just that let's break down what iPhone 4S have.
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