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Showing posts with the label Tim Cook

Apple's iPhone 8 launch: 7 stocks to watch out for today

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Apple Inc will unveil new iPhones today at its Apple Park 'spaceship' campus When Apple Inc unveils new iPhones on Tuesday at its Apple Park “spaceship” campus, there may be important clues for the watchers of seven semiconductor stocks. Apple exerts a sun-like gravitational pull on the global electronics supply chain, affecting the pricing of commodities like flash memory chips - it consumes 18 percent of global supply. The iPhone maker can make or break small, specialty chip suppliers. The final tally of semiconductor winners and losers will not be known until the devices ship and analysts rip them apart to examine the circuit boards. That will give insight into matters like the continued battle between Intel Corp and Qualcomm Inc to supply so-called modem chips for mobile data. Even the limited technical information Apple gives on stage tomorrow could shed light on how several other companies are faring. Here are seven stocks to watch during today’s launch. ...

India is the apple of CEO Tim Cook's eye as iPhone sales spike over 50%

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India is the apple of CEO Tim Cook's eye as iPhone sales spike over 50% India has become one among the fastest growing markets for Apple, which is looking at increasingly offloading more iPhones in the country to offset the decline in the device’s sales globally. iPhone   sales in India were up by 51% during the nine months that ended June 30, company CEO   Tim Cook   revealed during an earnings call with analysts and investors. “We're looking forward to opening retail stores in India down the road, and we see huge potential for that vibrant country,” he added. On the contrary, iPhone sales have fallen for two straight quarters now as the global market for smartphones especially developed markets) becomes saturated. In its third quarter (April-June),   Apple   reported a 15% drop in iPhone sales from 47.5 million units in the corresponding quarter last year to 40.4 million units. The iPhone contributes to over 60% of Apple’s earnings, making it the m...

Apple gears up for technology integration with Cisco

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Apple gears up for technology integration with Cisco Technology giant   Apple   is working on plans to facilitate integration of Cisco's Spark business collaboration service with iPhones in an effort to offer enterprise customers a better calling experience over Internet. Apple chief   Tim Cook   has said the company is making iOS devices to work better on   Cisco technologies than any other mobile platform. "With iOS 10, we are making it easier to make and receive voice and video calls over IP (Internet Protocol). Now, Cisco Spark will integrate with   iPhone   for first-class calling experience. It's a seamless integration," Cook said in a video message at the Cisco Live Conference here. Last year, Cisco had forged a strategic partnership with Apple, under which it optimised its network for iOS devices and apps, integrating iPhones with its solutions and providing collaboration capabilities on iPhones and iPads. "Together with Cisco, we...

Movies & cricket serious business for Apple CEO Tim Cook's future India plans

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Movies & cricket serious business for Apple CEO Tim Cook's future India plans Apple chief Executive Officer   Tim Cook 's visit to India, mixing plenty of leisure with work, has set off comparisons with other tech giants. Facebook founder Mark Zuckerberg's trips to the country in 2014 and 2015 lasted for about two days. Microsoft chief Satya Nadella will come at the end of this month only for a day, the same as the duration of his previous official visit in November 2015. Google's Sundar Pichai was in the country for two days last year. Bill Gates' first visit as the CEO of Microsoft in 1997 was short - barely two days. Apart from limiting the number of days in an official visit to two or three, CEOs of large multinational corporations have mostly stuck to business on such trips - meeting business and political leaders, interacting with students on college campuses, and doing big-ticket launches. Perhaps, Amazon founder Jeff Bezos was a little out ...

Make in India, PM likely to tell Apple's Tim Cook

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  Make in India, PM likely to tell Apple's Tim Cook Manufacturing in India is going to be the top talking point when Apple Chief Executive Officer (CEO)   Tim Cook   meets Prime Minister Narendra Modi on Saturday, it is learnt. There may not be any announcement just yet, but a source in the government confirmed that the PM is likely to tell Cook that India would want Apple to manufacture in India. The discussion between the two may also revolve around the National Democratic Alliance (NDA) government's stand that Apple cannot just import and sell refurbished iPhones in India without setting up a manufacturing facility in the country. The government is also expected to convey to Cook a decision that it has taken on waiving the local sourcing conditions for Apple so that it can open its fully-owned branded retail stores in the country. Make in India has been a signature campaign of the NDA government and getting an assurance from Cook on manufacturing in India wil...

Tim Cook likely to open Apple's Hyderabad tech centre on Thursday

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Tim Cook likely to open Apple's Hyderabad tech centre on Thursday   At a time when there was a heightened discussion going on about Apple Computer Inc.'s possible manufacturing plans for India, its chief executive officer Tim Cook   is likely to arrive in Hyderabad on Thursday to open Apple's first technology development centre outside the USA. Apple management's decision to first look for leveraging the human resources in India for its new software offerings came to light last year with news reports suggesting that the iPhone maker was examining various cities in India for a possible location for its tech center. After pitching hard for this facility, Telangana government gave first hints earlier this year indicating that Apple management had in fact zeroed in on Hyderabad for establishing the facility. Later, the company also shared the details about its India plans. Earlier this month there were news reports suggesting that Foxconn, the Apple's OEM pa...

Google's Pichai backs Apple's Tim Cook in battle over unlocking terrorist's iPhone

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Google   CEO  Sundar Pichai   has backed  Apple   in its battle with  FBI   over opposing a US court's ruling to unlock the  iPhone  of a Pakistani-American  terrorist  who shot dead 14 people in California, saying forcing  companies  to enable  hacking  could "compromise" users' privacy. Read Full Article Over Here :  Business Standard News