iOS developer earnings from the App Store top $70 billion

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The Cupertino giant Apple has announced the earnings of its global developer community which is around $70 billion since the inception of App Store in 2008. In the past 12 months, from the breakout hits like Pokemon GO and Super Mario Run the app store has seen a growth of over 70 percent. Continue reading “iOS developer earnings from the App Store top $70 billion”

Apple is reportedly working on Siri powered smart speaker to take on Amazon and Google

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In a bid to compete with Amazon and Google, Apple is working on a smart speaker that will be powered by Siri, according to a latest report from Bloomberg. Apple is expected to announce the smart speaker at WWDC 2017 next week but it will not ship the device until later in the year.  Continue reading “Apple is reportedly working on Siri powered smart speaker to take on Amazon and Google”

Apple is reportedly developing a dedicated AI chip for iPhone and iPad

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Apple is developing a dedicated artificial intelligence chip that will power AI related actions on mobile devices, according to a report from Bloomberg. An anonymous source told the publication that the chip which could be dubbed as Apple Neural Engine, will assist in functions such as computer vision, speech recognition, facial recognition, and other forms of artificial intelligence.

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Apple looking forward to expand iPhone production capacity in India, says Ravi Shankar Prasad

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Last week, Apple started assembling iPhones in India at its Wistron facility in Bengaluru as per WSJ report. The company now wants to expand its contract manufacturer’s facility in Bengaluru, according to Union minister of Electronics and IT Ravi Shankar Prasad.
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Nokia settles patent dispute with Apple, signs multi-year patent license deal

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Last year Nokia sued Apple in Germany and the US, alleging that Apple has infringed a number of Nokia patents. Today both the companies have announced that they have agreed to drop all litigation related to their intellectual property dispute and also signed a multi-year patent license.

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Tim Cook said to be testing glucose blood sugar monitor for Apple Watch

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Your Apple Watch may soon learn to track your blood sugar. A new report from CNBC says that Apple CEO Tim Cook has been spotted testing a glucose tracker for the Apple Watch. The latest news comes days after it was reported that Apple employees were testing out small sensors to continuously monitor glucose for diabetes patients.

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Google Assistant is now available on the iPhone

The rumors of Google Assistant coming to the iOS is indeed true. Google, today at its I/O developer conference in Mountain View announced that the Assistant will be available on the iPhone. Google’s Assistant takes on Apple’s Siri directly and it will be interesting to see who wins this battle.

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Google’s Assistant has third-party integrations and is capable of handling complicated queries. Google Assistant also allows you to control your connected devices thanks to Google’s new partnerships with third-party companies. Continue reading “Google Assistant is now available on the iPhone”

Apple starts assembling iPhone SE in India, shipping starts later this month: WSJ

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Apple was working on assembling iPhone in India and now the has confirmed to the Wall Street Journal that its manufacturing partners Winstron have completed a trial run of the first-ever iPhones assembled in India. The iPhone SE handsets assembled in India will begin shipping to customers some time this month, added the report. Continue reading “Apple starts assembling iPhone SE in India, shipping starts later this month: WSJ”

Apple said to announce a new MacBook lineup at WWDC 2017

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Apple is planning to refresh its MacBook lineup this year at its Worldwide Developers Conference (WWDC) next month, according to a latest report from Bloomberg. The company is expected to announce an upgraded version Macbook Pro and the 12-inch Macbook with faster processors. Continue reading “Apple said to announce a new MacBook lineup at WWDC 2017”

Apple reportedly acquires AI firm Lattice Data for $200 million

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Apple has been focused on AI for sometime and it looks like it is bolstering its efforts further. According to a new report from TechCrunch, Apple has acquired  Lattice Data, a company that specializes in artificial intelligence. The deal which was closed a couple of weeks ago is slated at $200 million. The report also said that about 20 engineers have joined the larger company.

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Apple invests $200 million in Gorilla glass maker Corning

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Apple has announced that it is investing $200 million in Gorilla glass maker Corning Incorporated from it’s new Advanced Manufacturing Fund. The investment will support “Corning’s R&D, capital equipment needs and state-of-the-art glass processing”.  Continue reading “Apple invests $200 million in Gorilla glass maker Corning”

Apple reports $52.9 billion revenue in FY Q2 2017, record double digit revenue growth in India

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Apple has reported quarterly revenue of $52.9 billion with a net profit of $11.0 billion in their earnings for the financial year Q2 2017 that ended April 1, 2017. Revenues were up 4.54% year-over-year. Apple reported quarterly earnings per diluted share of $2.10 compared to diluted share of $1.90 in the year-ago quarter. During earnings call Tim Cook said that iPhone sales were line in line with their expectations, and they are seeing continued strong demand for iPhone 7 Plus. He also said that active installed base of iPhones grew by double digits year over year.

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Apple stops paying iPhone royalties to Qualcomm

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Apple is withholding payments to contract manufacturers that are owed to Qualcomm until the legal dispute between the two companies is resolved. As a result, Qualcomm has slashed its current-quarter profit and revenue forecasts. The company has lowered its revenue guidance to a range of $4.8 billion to $5.6 billion for the fiscal third quarter from $5.3 billion to $6.1 billion.

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Apple is reportedly working on a P2P money transfer service

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Apple is working on a P2P money transfer service similar to Venmo, according to a report from Recode. Venmo is PayPal’s digital wallet that allows users to transfer funds out of their Venmo account, bank account or debit card. Continue reading “Apple is reportedly working on a P2P money transfer service”