Apple loses top phonemaker spot to Samsung
Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm…
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Global smartphone sales decline to lowest in decade
Sales of smartphones continued to shrink globally in the recently-ended quarter as consumers watched spending, market tracker Counterpoint reported.
Smartphone sales fell 8 percent,…
Apple to now produce 7% iPhones in India
Apple has increased the production of iPhones in India to 7% from 1% in 2021. As per the Bloomberg news report, the company has assembled iPhones worth over $7 billion in India in the last…
Meta’s profit slips as Facebook loses users
CFO Dave Weiner told analysts that user growth was impacted by "headwinds" including disproportionate growth in the Asia-Pacific during the pandemic that has slowed and an increase in mobile…
Apple hits revenue record despite chip shortage
Apple reported record $124 billion quarterly revenue on Thursday, despite a global chip pinch and shifting impacts of the pandemic that have weighed down other big tech players.
The…
Facebook, Apple chiefs unleash barbs as App Store feud heats up
A feud between tech giants heated up Thursday as Apple's chief executive implied Facebook's business model promotes disinformation and violence, while the social network reportedly prepares…