Why Apple has chips for iPhones while many companies got caught short
3 years, 7 months ago

Why Apple has chips for iPhones while many companies got caught short

Live Mint  

On the same day that Ford Motor Co said it would be able to produce only half as many cars as planned due to a global chip shortage, Apple Inc announced blowout quarterly earnings as smartphone and computer sales soared, with the chip shortage having only a small impact on its business. Apple said Wednesday that it would lose $3 billion to $4 billion in sales in the current quarter due to limited supplies of certain older chips. The uneven impact of the chip shortage was evident in mobile phone chip supplier Qualcomm Inc's results announced Wednesday: The company said business was booming on strong demand for smartphone processors and 5G communications chips. Samsung Electronics also announced strong earnings and said it expected to see a hit to smartphone sales in the current quarter due to the chip shortage.

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Apple's stock at all time high, tech co back as most valuable company thanks to Apple Intelligence
1 week ago

Apple's stock at all time high, tech co back as most valuable company thanks to Apple Intelligence

Firstpost  

According to JPMorgan analyst Samik Chatterjee, the real AI windfall will come with the expected 2025 launch of the iPhone 17. He projects iPhone sales will rise from 230 million units this fiscal year to 251 million the following year Apple’s stock currently trades at 34 times its projected earnings over the next 12 months, making it one of the …

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze
4 months, 3 weeks ago

Apple breaks out of recent sales slump as it gears up to make its leap into the AI craze

Associated Press  

Apple snapped out of a prolonged sales slump during its most recent quarter as the trendsetting company prepares to launch into the artificial intelligence craze with an arsenal of new technology that’s expected to juice demand for its next iPhone. Sales of the iPhone — Apple’s marquee product — remained on a downward slope though, dipping 1% from last year …

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset
7 months, 3 weeks ago

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset

NPR  

Apple shows its steepest quarterly decline in iPhone sales since pandemic's outset Enlarge this image toggle caption Mark Lennihan/AP Mark Lennihan/AP Apple on Thursday disclosed its steepest quarterly decline in iPhone sales since the pandemic's outset, deepening a slump that's increasing the pressure on the trendsetting company to spruce up its products with more artificial intelligence. It marked the biggest …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
8 months, 1 week ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

The beginning of the end for the iPhone? As Apple shares slump 4% after 'lacklustre' iPhone 15 sales, experts claim its smartphones have become 'formulaic' and warn customers are jumping ship to rival
11 months, 2 weeks ago

The beginning of the end for the iPhone? As Apple shares slump 4% after 'lacklustre' iPhone 15 sales, experts claim its smartphones have become 'formulaic' and warn customers are jumping ship to rival

Daily Mail  

iPhone 15 has already been called potentially 'the biggest flop in Apple's history' Ever since the first iPhone was unveiled more than 15 years ago, Apple has had a vice-like grip on the smartphone market. IDC estimates it sold 215 million in 2023 Apple released its iPhone 15 range in September, equipped with a USB-C charging port and new artificial …

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth
1 year, 4 months ago

iPhone sales slow down: Apple to see sharpest fall in revenue since 2016 as analysts stress on AI to boost growth

Live Mint  

Apple is expected to see decline in iPhone sales due to cautious consumer behaviour and anticipation of new model. Apple is expected to witness a decline in iPhone sales during the April-June quarter, attributed to cautious consumer behaviour in a slow economy as the launch of a new model is anticipated. {{^adFree}} {{/adFree}} Apple, the world's most valuable company, is …

Apple ramps up iPhone production in India to $7 billion in strategic shift from China
1 year, 8 months ago

Apple ramps up iPhone production in India to $7 billion in strategic shift from China

India TV News  

Apple Inc. increased its iPhone production in India over the previous fiscal year, exceeding the $7 billion milestone and tripling its output in the country. The American business currently manufactures approximately 7% of its iPhones in India through increasing partnerships with companies like Foxconn Technology Group and Pegatron Corp. India produced an estimated 1% of the world's iPhones in 2021 …

Computer sales plunge, Apple’s 40% drop steepest: Report
1 year, 8 months ago

Computer sales plunge, Apple’s 40% drop steepest: Report

Hindustan Times  

Apple Inc.’s personal computer shipments declined by 40.5% in the first quarter, marking a tough start to the year for PC makers still grappling with a glut of unsold inventory. The slowdown in consumer spending over the past year has led to double-digit declines in smartphone shipments and an accumulating glut among the world’s foremost memory chip suppliers. “Though channel …

Apple Halts Development Of Wi-Fi Chip For Now: Report
1 year, 10 months ago

Apple Halts Development Of Wi-Fi Chip For Now: Report

News 18  

Apple has reportedly halted the development of its in-house Wi-Fi chip “for a while”. Many investors are worried that the tech giant’s efforts to develop its own Wi-Fi chip might negatively impact Broadcom’s Wi-Fi chip business, analyst Ming-Chi Kuo wrote in a blogpost on Thursday. The iPhone maker’s previous development for Wi-Fi solution was the Wi-Fi-only chip and not the …

Why is apple re-evaluating the iPhone 15 lineup for 2023?
1 year, 11 months ago

Why is apple re-evaluating the iPhone 15 lineup for 2023?

India TV News  

Apple Inc has been reportedly thinking of new ways to re-evaluate the upcoming iPhone 15 lineup. Apple suppliers to invest Rs 2,800 cr in UP as iPhone maker to move more manufacturing to India The tech giant has been reported to be worried about the sales performance of the iPhone 14 Plus, which is the non-Pro variant of the iPhone …

Apple suppliers to invest Rs 2,800 cr in UP as iPhone maker to move more manufacturing to India
1 year, 11 months ago

Apple suppliers to invest Rs 2,800 cr in UP as iPhone maker to move more manufacturing to India

India TV News  

With Apple eyeing to ramp up manufacturing in India amid Covid-related supply chain issues in China, the Yamuna Expressway Industrial Development Authority said on Wednesday that some of Apple suppliers have applied for land with the authority, with a proposed investment of Rs 2,800 crore while generating thousands of jobs. The China upheaval, which hit its key supplier Foxconn's Zhengzhou …

Apple made China the backbone of its iPhone assembly. Shifting away could take years
2 years ago

Apple made China the backbone of its iPhone assembly. Shifting away could take years

CNN  

CNN — In early November, weeks before the peak holiday shopping season was about to kick off, Apple issued an unusual warning: customers would have to wait longer for the new iPhone 14 Pro models. In an investor note earlier this week, one analyst at Wedbush Securities estimated it would take Apple until at least 2025 or 2026 to move …

Apple Could Be Forced To Fast-Forward Its Plans To Make In India Amid China Unrest
2 years ago

Apple Could Be Forced To Fast-Forward Its Plans To Make In India Amid China Unrest

News 18  

Apple is fast forwarding its manufacturing plans in India and Vietnam in the wake of China unrest over zero-Covid policy which has severely disrupted its supply chain, leading to an acute shortage of new iPhone 14 Pro models. Apple aims to ship 40-45 per cent of iPhones from India compared with a single-digit percentage currently, according to famed analyst Ming-chi …

Apple has no easy road out of China
2 years ago

Apple has no easy road out of China

Live Mint  

Apple Inc.’s short-term problems depend on the patience of its most lucrative iPhone buyers. Apple has been selling Pro versions of each year’s iPhone family for the past three years, using enhancements such as a more powerful camera and premium materials to command a higher price point for Pro devices compared with each year’s mainline release. That gap is even …

Apple shares slip as China factory unrest fuels iPhone supply concerns
2 years ago

Apple shares slip as China factory unrest fuels iPhone supply concerns

Live Mint  

Shares of Apple Inc fell 1.4% on Monday as growing worker unrest at the world's biggest iPhone factory in China fanned worries of a deeper hit to the already constrained production of higher-end iPhone 14 models. Reuters reported on Friday that the Foxconn-operated plant could see a further drop in November shipments as thousands of employees quit amid discontent over …

iPhone delays weigh on Apple ahead of holiday season
2 years, 1 month ago

iPhone delays weigh on Apple ahead of holiday season

Live Mint  

Wait times for Apple Inc.’s most expensive smartphones are rising to what analysts say are record levels as the holiday shopping season kicks off, threatening to curb sales at the company’s busiest time of year and derail a rally in the stock. “This could cause some further headwinds for Apple," said Matt Maley, chief market strategist at Miller Tabak + …

Apple gears up to get ‘Made-in-US’ chips for its devices by 2024
2 years, 1 month ago

Apple gears up to get ‘Made-in-US’ chips for its devices by 2024

Live Mint  

Apple inc is preparing to begin sourcing chips for its devices from a US-based plant by 2024, news agency Bloomberg reported. But the Chinese military's menacing of the island to assert Beijing's sovereignty claims, especially after US House Speaker Nancy Pelosi visited Taipei in August, is causing the chip industry to rethink the risk over Taiwan. Cook also reportedly said …

Chip shortages still plague Toyota, some other auto makers
2 years, 1 month ago

Chip shortages still plague Toyota, some other auto makers

Live Mint  

Overall demand for semiconductors may be softening, but the world’s biggest auto maker says it still can’t get its hands on enough chips. Toyota’s Mr. Kumakura said supply conditions have relaxed for certain types of chips that are used by both the automotive and consumer-electronics industries. “Overall, I would say chips are getting better than certainly where they were a …

Apple’s revenue and profit edge up despite slowing economy
2 years, 1 month ago

Apple’s revenue and profit edge up despite slowing economy

Associated Press  

Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn’t necessarily mean the iPhone maker will be immune to a potential recession. Apple’s fiscal fourth quarter revenue rose 8% from the same time last year to $90.1 billion. The Cupertino, California, company’s profit for …

US vs China chip fight means iPhone 14 may remain in short supply in India
2 years, 2 months ago

US vs China chip fight means iPhone 14 may remain in short supply in India

India Today  

Apple has put on hold plans to use China's Yangtze Memory Technologies Co chips on iPhones. Apple was planning to use YMTC's NAND flash memory chip - a key component in several electronics. The American tech giant was slated to use YMTC's 128-layer 3D NAND flash memory for iPhones. According to the Japanese daily Nikkei Asia, Apple originally planned to …

Apple drops plan to boost iPhone production as demand falters
2 years, 2 months ago

Apple drops plan to boost iPhone production as demand falters

The Hindu  

Apple Inc. is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialise, Bloomberg News reported on Tuesday, citing people familiar with the matter. The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product family by as many as 6 million units in the …

Apple In India Could Be Making 25 Percent Of All iPhones By 2025: Report
2 years, 3 months ago

Apple In India Could Be Making 25 Percent Of All iPhones By 2025: Report

News 18  

Apple is going to give a hefty push to its make in India iPhone plans in the coming years, and is expected to use the country to manufacture 25 percent of the global production by 2025. These details have been shared by analysts at J.P. Morgan in a report this week, which also suggests the company to reduce its reliance …

Apple plans to use latest chip tech by Taiwan TSMC in iPhones, Macs
2 years, 3 months ago

Apple plans to use latest chip tech by Taiwan TSMC in iPhones, Macs

The Hindu  

Apple Inc. is planning to use an updated version of Taiwanese chipmaker TSMC's latest chip producing technology in iPhones and Macbooks next year, the Nikkei Asia newspaper reported on Wednesday. The A17 mobile processor, which is currently under development, will be mass-produced using TSMC's N3E chipmaking tech, expected to be available in the second half of next year, the report …

Apple still thriving as economy slows, despite 3Q profit dip
2 years, 4 months ago

Apple still thriving as economy slows, despite 3Q profit dip

Associated Press  

BERKELEY, Calif. — Apple’s profit slipped during the past quarter, but the world’s largest technology company is holding up better than many of its peers as the economy teeters on the edge of a recession. Apple CEO Tim Cook acknowledged that the Cupertino, California, company isn’t immune to the current economic turbulence squeezing consumer budgets, but maintained a mostly upbeat …

Apple to keep iPhone production flat in 2022
2 years, 6 months ago

Apple to keep iPhone production flat in 2022

The Hindu  

Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg Newsreported on Thursday, as China's COVID-19 curbs, global supply chain issues, and cooling demand continue to hurt smartphone makers. The iPhone maker's supplier Foxconn has been able to keep its workers on-site in a "closed loop" system to limit the impact on production, …

Apple Makes Record Revenue In Q1 2022: Here's How The iPhone Maker Makes Money
2 years, 7 months ago

Apple Makes Record Revenue In Q1 2022: Here's How The iPhone Maker Makes Money

News 18  

Apple recently reported its record quarterly revenue at over $97 billion in Q1 2022, despite the ongoing chip shortage and the supply chain constraints. Out of the $97.2 billion revenue, about $19.8 billion came from Apple’s services, while $77.4 came from Apple products like iPhone, iPad, MacBook, AirPods, and more. Out of the $77.4 billion that Apple made from its …

Apple CEO Tim Cook Says COVID-19, Chip Shortage Hurt Company By Up To $8 Billion
2 years, 7 months ago

Apple CEO Tim Cook Says COVID-19, Chip Shortage Hurt Company By Up To $8 Billion

News 18  

Despite an ongoing chip shortage and the ever-lasting COVID-19 pandemic, iPhone-maker Apple has announced a record-breaking March quarter revenue of $97.3 billion, a 9 percent increase from the same time last year. Apple CEO Tim Cook in an earnings call said that the constraints from chip shortage and COVID-19 pandemic have affected the company in the range of $4 billion? …

Apple posts record sales as chip crunch eases
2 years, 10 months ago

Apple posts record sales as chip crunch eases

The Hindu  

Apple Inc. reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chip shortage that it said has begun easing cost it over $6 billion in revenue. “They’ve navigated the supply chain better than everybody, and it’s showing in the results,” said Ryan Reith, who studies the smartphone market for …

What crisis? Apple reports bumper revenue from iPhone 13 sales despite supply chain woes
2 years, 10 months ago

What crisis? Apple reports bumper revenue from iPhone 13 sales despite supply chain woes

India Today  

Apple has reported its biggest quarterly earnings ever, driven by the holiday shopping season. Topping all previous record-breaking quarterly earnings, Apple’s Q1 2022, also called the holiday quarter, became its most important with a record revenue of $123.95 billion, up 11 per cent year over year. The iPhone made Apple $71.63 billion, a jump of 9 per cent year over …

Apple becomes top global smartphone player again in Q4 2021
2 years, 11 months ago

Apple becomes top global smartphone player again in Q4 2021

India TV News  

Highlights Apple is back at the top of the smartphone market after three quarters Apple accounted for 22 per cent of worldwide smartphone shipments in Q4 2021 Samsung took second place, down from the top spot in Q3 2021, with a market share of 20 per cent Apple has piped Samsung to take the top position in the global smartphone …

Apple's chip manufacturer hints iPhone 14 may get 3nm A16 processor next year
3 years ago

Apple's chip manufacturer hints iPhone 14 may get 3nm A16 processor next year

India Today  

Apple’s main chipset manufacturer and supplier, TSMC, has reportedly begun the trials of its 3nm chipset, rekindling the speculation that next year’s iPhone 14 will use the new process on the A16 processor. A pilot production of tapeouts will mean the foundry may be on track to mass produce the 3nm chipsets next year. The Information previously reported that 3nm …

Apple’s strong quarter suffers $6B blow from supply shortage
3 years, 1 month ago

Apple’s strong quarter suffers $6B blow from supply shortage

Associated Press  

SAN RAMON, Calif. — Apple’s iPhone sales soared yet again in the past quarter, but didn’t grow as rapidly as analysts anticipated because of supply shortages that have made it more difficult to meet the demand for a wide range of products. As usual, the iPhone remained Apple’s financial engine, with sales of the device rising 47% from last year …

Chip shortage: Wait for your new car, Sony PS5 or Apple MacBook just got longer
3 years, 1 month ago

Chip shortage: Wait for your new car, Sony PS5 or Apple MacBook just got longer

Hindustan Times  

From battery-powered toys to washing machines, ACs, smartphones, TVs, and cars, anything that needs electricity requires semiconductors or chips. A worker inspects chips at the semiconductor packaging firm Unisem Berhad plant in Ipoh, Malaysia The scale of the shortage impact Tried buying a new phone lately? “Renesas plant fire in Japan in Q1 and the Malaysian Covid crisis in Q2 …

The bite in the Apple: Steve Jobs’s legacy, 10 years on
3 years, 2 months ago

The bite in the Apple: Steve Jobs’s legacy, 10 years on

Hindustan Times  

If Apple Inc were a person, it would be a filthy-rich 45-year-old man facing a mid-life crisis, under regulatory scrutiny in various parts of the world. This combination of being told he was special while growing to be leagues ahead of the rest of his class, and developing a fierce ambition driven at least in part by the scars of …

The global chip shortage may mean production cuts for Apple iPhones
3 years, 2 months ago

The global chip shortage may mean production cuts for Apple iPhones

LA Times  

Apple is grappling with the same supply disruptions that have wreaked havoc on industries around the world. The company had expected to produce 90 million iPhones in the last three months of the year, but it’s now telling manufacturing partners that the total will be lower because Broadcom Inc. and Texas Instruments Inc. are struggling to deliver enough components, said …

Apple, AMD navigate chip shortage with focus on profitable products
3 years, 4 months ago

Apple, AMD navigate chip shortage with focus on profitable products

The Hindu  

The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing supplies to their most profitable products, analysts and executives said. "I think it largely reflects the timing of new product releases, specifically related to new iPhone launches in September," Angelo Zino, an analyst with research firm CFRA, …

Apple says chip shortage reaches iPhone, growth forecast slows
3 years, 4 months ago

Apple says chip shortage reaches iPhone, growth forecast slows

The Hindu  

Apple Inc said on Tuesday that a global chip shortage that has bit into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing revenue growth, sending its shares lower. In a conference call with investors, Apple executives also said that the global chip shortage had a less severe impact than feared in the …

Why Apple has chips for iPhones while Ford got caught short
3 years, 7 months ago

Why Apple has chips for iPhones while Ford got caught short

The Hindu  

On the same day that Ford Motor Co said it would be able to produce only half as many cars as planned due to a global chip shortage, Apple Inc announced blowout quarterly earnings as smartphone and computer sales soared, with the chip shortage having only a small impact on its business. The uneven impact of the chip shortage was …

Apple Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business
3 years, 7 months ago

Apple Earnings Call Shows Strong iPhone 12 and Mac Sales, Warns Chip Shortage May Hurt Business

News 18  

Cupertino-based giant Apple yesterday posted its latest earnings report yesterday, where the company showed a strong ongoing demand for iPhone 12 in Q1 2021. Apple Chief Executive Tim Cook said on an investor call that Apple avoided a chip shortage in the fiscal quarter by burning through supply buffers. In the current quarter, however, the chip shortage could cost Apple …

Apple profit soars in latest quarter on higher iPhone sales
3 years, 7 months ago

Apple profit soars in latest quarter on higher iPhone sales

Associated Press  

Demand for the iPhone and other Apple products drove profits to more than double in the January-March period as the tech giant continued to capitalize on smartphone addiction. Profits came to $23.6 billion, or $1.40 per share, while revenue climbed 54% to $89.6 billion in the fiscal second quarter, the company said Wednesday. But the release of four iPhone 12 …

Starving for more chips in a tech-hungry world
3 years, 8 months ago

Starving for more chips in a tech-hungry world

The Hindu  

As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and entertain us in a world increasingly dependent on technology. But things have been getting even worse in recent weeks, particularly in the auto industry, where factories are shutting down because …

MacBook, iPad production delayed as supply crunch hits Apple
3 years, 8 months ago

MacBook, iPad production delayed as supply crunch hits Apple

The Hindu  

Production of some of Apple Inc's MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday. Chip shortages have caused delays in a key step in MacBook production, the report said, adding that some iPad assembly was postponed because of a shortage of displays and display components. According to the report, Apple's production …

EXPLAINER: Starving for more chips in a tech-hungry world
3 years, 8 months ago

EXPLAINER: Starving for more chips in a tech-hungry world

Associated Press  

SAN RAMON, Calif. — As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and entertain us in a world increasingly dependent on technology. But things have been getting even worse in recent weeks, particularly in the auto industry, where factories …

Will the Ongoing Chip Shortage Delay iPhone 13 Launch? Supplier Foxconn Warns of Supply Issues
3 years, 8 months ago

Will the Ongoing Chip Shortage Delay iPhone 13 Launch? Supplier Foxconn Warns of Supply Issues

News 18  

The world is going through a semiconductor shortage, with manufacturers from gadgets to automobiles expressing concerns over the consequences of the chip shortage. Now, Apple supplier Foxconn has announced that the chip shortage may result in delay in upcoming smartphones. According to a report in Nikkei, Foxconn has said that the global chip shortage will reduce its shipments by 10 …

iPhone 13 launch could be impacted by chip shortage, Foxconn hit by supply issues
3 years, 8 months ago

iPhone 13 launch could be impacted by chip shortage, Foxconn hit by supply issues

India Today  

Foxconn has announced a chip shortage that could impact major planned launches later this year, including a delay in iPhone 13 launch. All the commitment and resources, however, might not be enough to stay on track as planned, as there is a global chip shortage that is likely to affect the entire tech industry. Foxconn chip shortage may impact iPhone …

Chip shortage impacting costs: Xiaomi President
3 years, 8 months ago

Chip shortage impacting costs: Xiaomi President

India TV News  

The global chip shortage is increasing expenses for Xiaomi, the company's President Wang Xiang has said, while indicating that some of these increased costs might have to be passed on to the consumers in certain cases. Airing his views during the company's fourth quarter earnings call on Wednesday, Wang said that the company will continue to optimise the costs of …

Amid Semiconductor Scarcity, Qualcomm CEO Says Shortage of Older Chips Likely to Ease Sooner
3 years, 9 months ago

Amid Semiconductor Scarcity, Qualcomm CEO Says Shortage of Older Chips Likely to Ease Sooner

News 18  

Qualcomm CEO Steve Mollenkopf said he is “seeing improvement” in efforts to ease chip shortages that have caused disruptions across several industries, and that demand for older chips is easier to respond to. Speaking in the same panel, president and CEO of Micron Technology Sanjay Mehrotra said the chipmaker would aim to increase its supply in line with the growing …

Foxconn chairman says expects "limited impact" from chip shortage on clients
3 years, 10 months ago

Foxconn chairman says expects "limited impact" from chip shortage on clients

The Hindu  

The chairman of Apple Inc supplier Foxconn said on Saturday he expects his company and its clients will face only "limited impact" from a chip shortage that has rattled the global automotive and semiconductor industries. "Since most of the customers we serve are large customers,they all have proper precautionary planning," said Liu Young-way, chairman of the manufacturing conglomerate formally known …

Apple Achieves Another Milestone – More Than 1 Billion Active iPhones in the World Currently
3 years, 10 months ago

Apple Achieves Another Milestone – More Than 1 Billion Active iPhones in the World Currently

News 18  

2020 must have bee a good year for Apple. The Apple CEO said that the new metric is a part of an overall increase of active devices around the world, reaching 1.65 billion as compared to 1.5 billion last year. Cook also said Apple now has an installed base of more than 1 billion iPhones, an increase over the 900 …

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