Tag Archives: Apple

Xiaomi fastest growing phone maker, but Samsung and Apple remain leaders: report

Xiaomi holds the fifth position with market share of 7.4%, but it registered the highest year-on-year growth of 102.6% from Q3 2016 when it controlled only 3.7% of the market share. (Above) Xiaomi’s India head Manu Jain (left) with actor Katrina Kaif during the launch of its new series of smartphones, in New Delhi on Thursday. Photo: PTI Samsung continues ... Read More »

Did Apple iPhone 8 Rumor Shake Up Two Fiber Stocks?

Apple (AAPL) stock edged up Wednesday as the market shrugged off the latest rumor of an iPhone 8 shipment delay, but shares in Lumentum Holdings (LITE) and Finisar (FNSR) — two optical technology firms that have been linked to Apple — fell. Apple stock was up 0.5% to close at 144.02 on the stock market today. Apple stock has shot up 25% ... Read More »

Apple to start making iPhones in India, says state government

Apple is to start making iPhones in the southern Indian state of Karnataka, the state’s government has said. Ministers said Apple would start an initial manufacturing operation in the state, whose capital is the tech hub Bangalore, in April. The tech giant has a 2% share of India’s mobile phone market, well behind South Korean rival Samsung. Apple has yet ... Read More »

Apple to appeal EU tax ruling this week, says it was a ‘convenient target’

Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. Apple’s combative stand underlines its anger with the European Commission, which said on Aug. 30 the company’s Irish tax deal was ... Read More »

Apple reveals self-driving car plans

Apple has acknowledged for the first time that it is investing in building a self-driving car. In a letter to US transport regulators, Apple said it was “excited about the potential of automated systems in many areas, including transportation”. It added that there were “significant societal benefits of automated vehicles” to be realised. There have long been rumours about the ... Read More »

EU hits Apple with 13 billion euro Irish tax demand

The European Commission ordered Apple Inc. to pay Ireland unpaid taxes of up to 13 billion euros (11 billion pounds) on Tuesday as it ruled the firm had received illegal state aid. Apple and Dublin said the U.S. company’s tax treatment was in line with Irish and European Union law and they would appeal the ruling, which is part of ... Read More »

FTSE falls as Arm hit by Apple slowdown and oil drops on Opec impasse

In the wake of the weekend’s meeting of oil producers which broke up without agreement on an output freeze, commoditiy companies are helping drag the stock market lower. Technology firms are also under pressure after reports that Apple plans to reduce production of iPhones in the April to June quarter after sluggish sales. So chip designer Arm is down 27.5p ... Read More »

Apple to stop security support for ‘QuickTime for Windows’

Technology giant Apple will not roll out security updates for “QuickTime for Windows” after security software company Trend Micro Inc. reported that two new critical vulnerabilities are affecting the software. Trend Micro’s “Zero Day Initiative” released two advisories detailing two remote code execution vulnerabilities that could allow an attacker to gain control of the victim’s system and access larger company-wide ... Read More »