Tag: Apple

Apple CEO Tim Cook Poised to Reap $120 Million of Stock After Rally

Loknath Das

HIGHLIGHTS Tim Cook stands to receive 280,000 shares on Friday Cook has donated 23,215 of his current Apple shares Apple has became the first US-based company to reach $1 trillion Apple’s Tim Cook is set to collect stock worth about $120 million (roughly Rs. 840 crores) this week thanks to a run-up in shares of the iPhone maker. On Friday, Cook stands to receive 280,000 shares tied to his continued service as chief executive officer. He’ll get as many as 280,000 additional shares if Apple’s stock-market return over the preceding three…

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Apple Cracks Down on Apps Sharing Information on Users’ Contacts

Loknath Das

Apple changed its App Store rules last week to limit how developers obtain, use and share information about iPhone owners’ friends and other contacts. The move cracks down on a years-long practice. Developers ask users for access to their phone contacts, then use the information for marketing and sometimes share or sell it without permission from others listed in those digital address books. On both Apple’s iOS and Google’s Android, the world’s largest smartphone operating systems, the tactic is sometimes used to increase growth and make money. Sharing friends’ data without their consent is what…

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Apple Supplier Is Said to Plan India Expansion in iPhone Manufacturing Push

Loknath Das

HIGHLIGHTS Apple supplier Wistron is reportedly looking to expand production Wistron executives are said to be looking for about 100 acres of land Wistron may use expanded facilities for other brands as well Apple’s primary iPhone assembler in India is scouting for about 100 acres of land in Bengaluru to expand its facilities for the world’s most valuable company, according to people familiar with the matter said. Wistron executives toured the city last week and have shortlisted a few parcels including one plot close to the airport, said the people, asking not to be…

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How to download iOS 11: Apple releases the first public beta of its new software

Loknath Das

Apple has released the first public beta of iOS 11 less than a month since the grand unveiling at this year’s WWDC 2017. Highlights include person-to-person payments using Apple Pay, a new design for the Control Center and a completely overhauled App Store. But it was iOS 11 on iPad that received the most significant updates, showing once again Apple is keen to turn the iPad into a genuine alternative to a laptop. As with all iOS releases, registered developers have been trialling the software since WWDC to iron out any initial…

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Apple Blames Third-Party Batteries for Case of Exploding Beats Headphones

Loknath Das

In a new development, Apple has reportedly refused to grant any compensation to a women whose Beats headphones were said to have exploded mid-flight. Apple claims that the explosion was due to a defect in third-party AAA batteries, and not the headphones. In February, a woman who wishes to remain anonymous, faced burns on face and hair when her headphones caught fire during a flight from Beijing to Melbourne. The headphones in question were Apple’s Beats headphones running on AAA batteries. When the explosion happened, the woman was asleep, and…

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Apple sued over fatal ‘FaceTime crash’

subhadip

An American couple, whose daughter was killed by a driver allegedly using FaceTime on his iPhone, have launched a lawsuit against Apple. The lawsuit alleges that the firm should have introduced a feature that disabled use of the video-chat application while driving. It points to a patent for a such feature for drivers filed by Apple in 2008. The iPhone maker has not yet responded to requests for comment. The accident happened on a Texan road on Christmas Eve 2014. Five-year-old Moriah Modisette subsequently died. The lawsuit states that the…

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Russian Regulators Scoop Apple Into Price-Fixing Probe

subhadip

A Russian regulatory authority earlier this week named Apple, along with more than a dozen Russian retailers, as a target for an investigation into price-fixing activities. The Federal Antimonopoly Service, or FAS, has seen signs of price-setting coordination among iPhone resellers in Russia, according to a notice published on the agency’s website. A preliminary investigation revealed that since last fall, when Apple introduced the iPhone 6s and 6s Plus in Russia, a majority of resellers have maintained the same prices for the phones for “a certain period of time,” the…

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Is Apple Working On A Tank? Bizarre New Patent

subhadip

Sketches filed in a patent bearing the company’s name show an articulated vehicle which runs on tracks. The vehicle is in two parts and is joined in the middle, similar to a bendy bus. The application is specifically for the steering mechanism, but the tank design itself caused a flutter of excitement in the tech world. But since the patent was spotted the law firm that handles Apple’s patents says the patent is not Apple’s at all, and blamed a typing error. Law firm Morrison and Foerster said the patent instead…

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Apple Co-Founder Compares Cyber Crime To Nukes

subhadip

Apple co-founder Steve Wozniak has likened the fear of cyber crime to the levels of panic seen during Cold War. Speaking in Sydney, Australia, he said: “We used to fear the atomic bomb when I was young, and you used to come home from school and sirens would go off for a test on every corner. “Now we fear all the cyber attacks and hacking. What’s the next one we’re going to hear about? “Is one going to come close to me? Is it going to hit me? Could they…

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It costs Rs. 10,000 to make an Apple iPhone SE: IHS Report

subhadip

A teardown press report by research firm IHS reveals that for Apple, it costs only Rs. 10,563 to manufacture the iPhone SE. Apple priced the 16GB iPhone SE at $399 in the U.S., and has a margin of $230 to tackle logistics, distribution, and other expenses and profits. In India, a price of Rs. 39,000 leaves a margin of Rs. 29,000 to take care of necessary details. Apple aims to expand its presence at lower cost categories with the iPhone SEas it did with the iPhone 5C. On this note, an…

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