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Tag: Apple

Apple to review prices for in-app purchases in Nigeria, others
News Tech

Apple to review prices for in-app purchases in Nigeria, others

Apple will on July 25, 2023, begin implementing changes to its prices or in-app purchases made through the App Store. Three African markets which include Nigeria, Egypt, and Tanzania would be impacted by the price adjustments, including app producers and users. The IT giant did not specify whether the adjustments would be upward or downward, […]

Apple opens store on WeChat
News Tech

Apple opens store on WeChat

Tencent’s WeChat, has disclosed that Apple, the maker of the iPhone, has created a store on expanding the American company’s retail options in the second-largest economy in the world. WeChat, the most popular messaging app in China that also offers e-commerce, livestreaming, and payment services, announced that customers would be able to purchase Apple items […]

Apple loses appeal in patent infringement case against Optis Cellular Tech
News

Apple loses appeal in patent infringement case against Optis Cellular Tech

London’s Court of Appeal has ruled that tech giant, Apple infringed two telecommunications patents, commonly used in iPhones and iPads. The court dismissed Apple’s appeal, upholding the decision in a long-standing legal dispute with US patent holder Optis Cellular Technology. The legal battle began in 2019 when Optis Cellular Technology, based in Texas, sued Apple […]

Apple explores using 3D printers to create smartwatches
Business

Apple’s market value hits $3tn

A $3 trillion market value was achieved by the US-based global technology corporation Apple on Friday. According to CBS, shares of the 47-year-old technology company ended the day up 2.3% at $193.97, bringing its total market worth to $3.04 trillion. Apple is the only company in recent times to accomplish that achievement even though Apple […]

An Apple PC
Business

Apple faces biggest decline as global shipment of PCs drops 29%

OMarket research firm IDC has reported that there was a 29% decrease in global shipments of personal computers during the first quarter of 2023.   This decline can be attributed to multiple factors, including weak demand, excess inventory, and a deteriorating macroeconomic climate.   Of the top five PC companies analyzed, Apple Inc was hit […]

Foxconn
Business featured

Apple’s supplier Foxconn to invest $820m in EVs

One of the largest electronics manufacturers in the world, Foxconn, announced on Sunday that it intends to invest T$25 billion ($820 million) in southern Taiwan over the next three years. The company also known as Hon Hai Precision Industry Co Ltd, plans to establish new manufacturing facilities that will support its electric vehicle endeavors. The […]

Pictures of all Apple products
Business

Apple suppliers to increase use of renewable energy  

Apple announced on Wednesday that an increasing number of its suppliers are committing to using renewable energy in the production of its products, including iPhones and Macs. According to Reuters, the company reported that its suppliers are supporting 13 gigawatts of active renewable energy projects, up from 10 gigawatts last year. The company said, “Apple […]

Foxconn
Business

Apple supplier Foxconn plans $200m AirPod factory in India

Apple’s largest IPhone assembler, Foxconn has won an order to make AirPods for Apple and plans to establish the factory for the wireless earphones in India. This was according to the information Igotten from two individuals with direct knowledge of the company’s decision and told Reuters. This contract will make Foxconn an AirPod supplier for […]

Foxconn
Business

Foxconn sales peak after COVID-19 disruption

The world’s largest electronics maker and the biggest Apple’s iPhone assembler, Foxconn has recorded a 48.2% revenue increase in January, after COVID-19 disruption. It was stated by the company on Sunday that it recorded a revenue of T$660.4 billion ($22 billion). The company also established that operations are returning to normal. There is now an […]

Pictures of all Apple products
Business

Apple sales drop 5%, lowest since 2019

Apple, the world’s leading technology company by revenue, did not meet its revenue expectations in terms of sales and profit at the end of 2022. Sales fell in the last quarter of 2022 by five per cent, compared to the sales made in 2021. This was reported to be the first year-over-year decline in sales […]

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