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Apple shares fall as tariff costs to add more agony

CEO Tim Cook hinted at plans to move iPhone production to India to combat trade war effects.

View of an Apple logo at an Apple store in Paris, France(Reuters)
Published on May 02, 2025 03:36 PM IST
Reuters |

Apple App Store in India facilitated 44,447 crore in billings, sales in 2024

More than 94 per cent of that revenue accrued solely to developers and businesses, without any commission paid to Apple.

The study from Professor Pingali took a close look at the key drivers shaping the App Store ecosystem in India, including increased app usage in sectors like food delivery, travel, gaming, and entertainment.(AFP file)
Published on Apr 28, 2025 04:14 PM IST
PTI |

Amid trade war, Tim Cook clarifies why Apple manufactures in China in old video

Apple CEO Tim Cook says China's skilled workforce and advanced infrastructure, not cheap labour, are the real reasons behind Apple’s manufacturing decisions.

The viral video shows Cook challenging the common belief that companies choose China for cheap labour.(X/@Nigel__DSouza)
Published on Apr 14, 2025 12:43 PM IST
BySimran Singh

Sundar Pichai's Holi post stuns all: Google boss shares incredible photos by fan

Google CEO Sundar Pichai’s Holi post, featuring vibrant  photos, has captivated social media.

Google CEO Sundar Pichai shared photos captured by fans on Google Pixel.(Instagram/@SundarPichai)
Published on Mar 14, 2025 11:51 AM IST
BySimran Singh

Tim Cook shares ‘beautiful and vibrant’ Holi pic by Indian CEO, wows internet

Holi 2025: Apple CEO Tim Cook has shared a picture of the festival posted by Indian CEO Kushagra Tiwari.

Tim CookThe picture by an Indian CEO that Tim Cook shared has impressed social media. (File Photo)
Updated on Mar 14, 2025 09:45 AM IST

Donald Trump announces Apple's massive investment in the US

Trump revealed that he recently met with Apple's CEO, Tim Cook, who confirmed that he will be making a massive investment in the country

Apple CEO Tim Cook has not yet announced any such investment.(via REUTERS)
Updated on Feb 22, 2025 01:34 AM IST

iPhone SE 4 launch on Feb 19? Apple CEO Tim Cook shares cryptic update

Apple's CEO Tim Cook announced a new product launch on February 19, sparking speculation about a low-end iPhone replacement for the iPhone SE.

Tim Cook shared a brief animation of a metallic Apple logo with the cryptic message
Updated on Feb 14, 2025 04:29 AM IST

Apple's Tim Cook quietly enjoys sandwiches at New Orleans restaurant. Watch

Apple CEO Tim Cook enjoyed a low-key Super Bowl weekend in New Orleans, dining on po'boys with an NFL player.

Apple CEO Tim Cook enjoyed a weekend in New Orleans ahead of the Super Bowl.(Instagram/jzosports)
Updated on Feb 10, 2025 09:04 PM IST

OpenAI, Microsoft and Google prove again nothing’s consistent in the world of AI

In late December, before the DeepSeek bombshell dropped on Silicon Valley, OpenAI had said the o3 reasoning model will be ready to ship within a few weeks.

DeepSeek
Published on Feb 06, 2025 07:10 AM IST

We’re particularly keen on India: Tim Cook

Tim Cook has again underlined Apple’s intent to widen the physical retail presence as well, with more Apple Stores set to open in more locations in India.

Tim Cook has again underlined Apple’s intent to widen the physical retail presence as well, with more Apple Stores set to open in more locations in India. (AP PHOTO)
Published on Feb 01, 2025 05:00 AM IST

‘Keen on India’: Tim Cook notes India’s value amid record earnings

India has set a December-quarter record for Apple, on the back of robust iPhone sales. Tim Cook confirms new retail stores too, are on the agenda

Tim Cook reemphasised that Apple is “particularly keen on India”. (AFP file photo)
Updated on Jan 31, 2025 11:25 AM IST

Apple logs ‘best quarter ever’ but iPhone sales dip despite AI rollout

The iPhone missed expectations in the fiscal first quarter ended December 28, falling 0.8 per cent from the same period a year earlier.

FILE PHOTO: FILE PHOTO: A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024. REUTERS/Evgenia Novozhenina/File Photo/File Photo(REUTERS)
Updated on Jan 31, 2025 09:55 AM IST

Mark Zuckerberg lists his problems with Apple to Joe Rogan: ‘Squeezing people’

The founder of Facebook has a long list of grievances with Apple. in a coversation with Joe Rogan, he aired some of them.

File Photo: Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event. (REUTERS)
Updated on Jan 11, 2025 10:48 PM IST
By | Written by Shivam Pratap Singh

Shark Tank's Kevin O'Leary explains why tech moguls ‘want to suck up to Trump’

O'Leary's remarks came after Trump addressed his recent meetings with Apple CEO Tim Cook, Google CEO Sundar Pichai, and Google co-founder Sergei Brin

FILE PHOTO: U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. REUTERS/Brian Snyder/File Photo(REUTERS)
Updated on Dec 19, 2024 02:03 AM IST
ByArya Vaishnavi

Trump reveals meeting American tech moguls, wonders why media didn't report

Baffled by the differences in the behaviour of tech moguls during his first and the second term, Trump said, “I don't know, my personality changed or something”

U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. REUTERS/Brian Snyder TPX IMAGES OF THE DAY(REUTERS)
Published on Dec 17, 2024 07:17 PM IST
ByArya Vaishnavi

Trump hosts Apple CEO as big tech leaders continue outreach to president-elect

Trump invited Apple CEO Tim Cook for dinner at Mar-a-Lago to discuss EU tax disputes.

Donald Trump hosted Apple CEO Tim Cook for a Friday evening meal at the president-elect's Mar-a-Lago resort(AFP )
Published on Dec 14, 2024 12:13 PM IST

Is Tim Cook ready to step down as Apple CEO? Here’s what the 64-year-old said

Tim Cook has revealed when he thinks is the ‘right time’ for him to step down as the CEO of Apple.

Tim Cook has been the chief executive officer of Apple Inc for 13 years.(AP)
Published on Dec 05, 2024 02:54 PM IST
ByMuskaan Sharma

NASA treats Earthlings to cosmic Diwali wishes, shares pic of Omega Nebula

On Diwali, NASA shared warm wishes and a stunning image of star formation in the Omega Nebula, celebrating the festival's themes of light and joy.

NASA wished everyone a joyful Diwali, sharing a stunning image of star formation in the Omega Nebula.
(X/@NASA)
Updated on Nov 01, 2024 05:12 PM IST
ByMahipal Singh Chouhan

Sundar Pichai reveals Diwali is his favourite time of year: ‘Always fun to…’

Sundar Pichai, the Google CEO, shared his Diwali greetings on Threads, expressing joy for the festival and wishing all celebrants happiness.

Sundar Pichai, Google CEO, shared warm Diwali wishes on Threads, celebrating the festival's joy.
(AP)
Published on Nov 01, 2024 12:46 PM IST
ByMahipal Singh Chouhan

Delhi photographer gets Tim Cook's shoutout as Apple CEO shares Diwali photo

Apple CEO Tim Cook shared a photo clicked by an Indian man in his annual Diwali wishes post on X.

Apple CEO Tim Cook extended heartfelt Diwali greetings to those who celebrate the festival of lights.(Reuters)
Updated on Nov 01, 2024 11:06 AM IST

Apple sees record sales, credits India iPhone sales; 4 new stores soon: Cook

Apple reported record revenue, fuelled by strong global iPhone sales, especially in India. The company plans to expand its retail presence in major cities.

CEO of Apple Tim Cook gives a presentation as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S in September.(REUTERS)
Updated on Nov 01, 2024 12:08 PM IST

In Trump's good books? Tech giants ‘waking up’ to his potential re-election

Are tech giants embracing Donald Trump's potential re-election possibilities and doing their best to get on his good side? Signs pointing that way.

US President Trump posted a picture on Facebook and Twitter showing him shaking hands with Facebook CEO Mark Zuckerberg, but didn’t share details of their conversation.(Photo Credit: DonaldTrump/Twitter)
Published on Oct 28, 2024 05:34 PM IST

Here's what Apple CEO Tim Cook named his college friends group chat

Tim Cook, the CEO of Apple revealed the name of his group chat with college friends

Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia.(Reuters)
Updated on Oct 24, 2024 10:38 AM IST

Tim Cook visits China for 2nd time this year. Is Apple worried about sales?

Tim Cook met with Chinese Minister Jin Zhuanglong to discuss Apple’s investments and data security in China.

Apple CEO Tim Cook engaged with Chinese Minister Jin on investments and data security. Cook reiterated Apple's growth plans in China, which remains a vital market despite economic challenges. The meeting reflects ongoing efforts to enhance collaboration amid stricter data laws.(Reuters)
Published on Oct 23, 2024 09:09 AM IST
Bloomberg |

Tim Cook admits he did not know about this iPhone feature: 'I don't...'

Apple CEO Tim Cook was surprised by a question about group chats during a recent interview and admitted that he did not know about the feature earlier.

Apple CEO Tim Cook shared his daily schedule, saying the first thing he does when he wakes up at 4 am is to check his iPhone. (AP)
Updated on Oct 23, 2024 09:51 AM IST
ByMuskaan Sharma

Apple has a new problem: Quick departure of senior executives who report to Tim

Apple's chief people officer Carol Surface is leaving after less than two years. She will be succeeded by Deirdre O’Brien, who previously held the role.

Carol Surface, Apple Inc.'s chief people officer, is departing after a short tenure. Deirdre O’Brien will resume her previous role overseeing human resources and retail. This change is part of a larger executive turnover at Apple.
Published on Oct 17, 2024 07:42 AM IST
Bloomberg |

The many talking points from Apple iPhone 16 keynote & behaviour of tech leaders

This was never going to be subdued, in case you had any expectations on those lines. The iPhone keynote is where new performance & experience benchmarks are set

Decoding the iPhone 16 series: Apple doing what Apple does best—simply resetting performance benchmarks.
(Vishal Mathur | HT Photo)
Published on Sep 12, 2024 07:15 AM IST

Indian origin Kevan Parekh is Apple's new CFO: Who is he?

Kevan Parekh will become Apple's CFO and join the executive team in 2025, succeeding Luca Maestri, who has been in the role since 2014.

Kevan Parekh has been at Apple for 11 years and currently leads Financial Planning and Analysis, G&A and Benefits Finance, Investor Relations, and Market Research.
Updated on Aug 27, 2024 08:58 AM IST

Warren Buffett slashes Apple stake by almost 50%, Q2 cash pile at $277 billion

Buffett has slashed the Apple stake over the past year. He recently sold some of his stock in Bank of America and Chinese EV maker BYD

Warren Buffett, chairman and CEO of Berkshire Hathaway, cut more than 10 per cent of Berkshire's stake in Apple in the first three months of this year(AP file)
Published on Aug 03, 2024 11:22 PM IST

Apple sales see boost from AI features after uneven third quarter

Sales from China fell 6.5% to $14.7 billion, missing the $15.3 billion projection from Wall Street.

The Apple logo is illuminated at a store in the city center in Munich, Germany.(AP)
Published on Aug 02, 2024 03:12 PM IST
Bloomberg |
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