Apple logs $65.8 bn in iPhone revenue as China disruptions hit supply

Apple logs .8 bn in iPhone revenue as China disruptions hit supply

Apple logs $65.8 bn in iPhone revenue as China disruptions hit supply

by Hansraj Agrawal | Feb 3, 2023 | Technology

Apple reported $65.8 billion in revenue for iPhones in the holiday quarter, down 8 per cent (year-over-year).

However, on a constant currency basis, iPhone revenue was roughly flat, according to the company.

Apple faced supply chain disruptions in October and November as China faced Covid surge and protests erupted at its key supplier Foxconn’s main factory in the country.

Cook said that Covid-related challenges “significantly impacted the supply of iPhone 14 Pro and iPhone 14 Pro Max and lasted through most of December”.

“Because of these constraints, we had significantly less iPhone 14 Pro and iPhone 14 Pro Max supply than we planned, causing ship times to extend far beyond what we had anticipated,” he noted.

Cook said that as a result of a challenging environment, “our revenue was down 5 per cent year over year”.

“But I’m proud of the way we have navigated circumstances, seen and unforeseen, over the past several years, and I remain incredibly confident in our team and our mission and in the work we do every day,” he said in an earnings call with analysts.

“Our customers continue to rave about the astounding camera capabilities and unprecedented battery life and the groundbreaking suite of health and safety features. The iPhone 14 lineup pushes the limits of what users can do with a smartphone,” he added.

During the quarter, Mac revenue came in at $7.7 billion, which was in line with what Apple had expected.

During the quarter, iPad revenue grew 30 per cent to a total of $9.4 billion.

–IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Meta-owned WhatsApp may soon let users pin messages within chats, group

by Hansraj Agrawal | Feb 3, 2023 | Technology

Meta-owned messaging platform WhatsApp is reportedly working on a new feature which will allow users to pin messages within chats and groups.

The feature is useful as it will allow users to pin important messages to the top of the chat, reports WABetaInfo.

If a message is pinned and the recipient is using an old version of the application, then the app will show a message in the conversation to ask to upgrade to the latest version available on the store.

Moreover, pinned messages will improve organisation in the groups which receive a lot of messages, by allowing users to easily access important messages.

The ability to pin messages within chats and groups is currently under development and is expected to be released in a future update of the application, the report said.

On Thursday, it was reported that the messaging platform was working on a new feature which will allow users to create calling shortcuts.

The feature will be helpful for users who frequently make calls to the same person and do not want to go through the same process again-and-again, that is, opening the application and searching for the contact every time.

–IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Apple, Google urged to remove TikTok from app stores by US Senator

by Hansraj Agrawal | Feb 3, 2023 | Technology

US Senator Michael Bennett has urged Apple CEO Tim Cook and Google CEO Sundar Pichai to immediately remove TikTok from their app stores in a letter Thursday, calling it an unacceptable risk to American national security.

In the letter, the Senator from Colorado highlighted the danger of TikTok’s extensive reach in the US.

“Like most social media platforms, TikTok collects vast and sophisticated data from its users, including faceprints and voiceprints. Unlike most social media platforms, TikTok poses a unique concern because Chinese law obligates ByteDance, its Beijing-based parent company, to support, assist, and cooperate with state intelligence work,” wrote Bennet.

TikTok is now the third-most popular social media app in the US, with over 100 million American users spending more than 80 minutes per day on the app.

Bennet explains how the combination of TikTok’s reach, aggressive data collection, and Chinese law obligations endangers US security.

“Beijing’s requirement raises the obvious risk that the Chinese Communist Party (CCP) could weaponize TikTok against the United States, specifically, by forcing ByteDance to surrender Americans’ sensitive data or manipulate the content Americans receive to advance China’s interests,” continued Bennet in the letter.

“No company subject to CCP dictates should have the power to accumulate such extensive data on the American people or curate content to nearly a third of our population,” he added.

–IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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OPPO launches Reno8 T 5G phone, Enco Air3 earphones in India: Price, specs

by Hansraj Agrawal | Feb 3, 2023 | Technology

Chinese smartphone maker OPPO on Friday launched in India the Reno8 T 5G smartphone. Priced at Rs 29,999, the smartphone will be available for purchase online on the OPPO online store and Flipkart and offline at select retail outlets from February 10. Alongside the smartphone, OPPO launched the Enco Air3 wireless earbuds at Rs 2,999. The earbuds will be available for purchase on select online and offline platforms starting February 10.

On the purchase of the Reno8 T 5G smartphone, OPPO is offering an instant cashback of 10 per cent and no-interest equated monthly instalment scheme of up to 6 months on payments via Kotak Bank, HDFC Bank, Yes Bank and SBI Bank. On online purchase, there is an exchange offer of up to Rs 3,000 on the Reno8 T 5G. Besides, on buying Reno8 T 5G, the company is also offering a discount of Rs 500 on Enco Air3 till February 16.

OPPO Reno8 T 5G: Specification

The OPPO Reno8 T 5G sports a 6.7-inch micro-curved AMOLED screen of a 120Hz refresh rate. The screen features a punch-hole camera in the centre and has a screen-to-body ratio of 93 per cent. According to OPPO, the Reno8 T 5G has a fullHD+ resolution screen of 10-bit colour depth, which is 64 per cent more than regular 8-bit screens.

The smartphone is powered by the Qualcomm Snapdragon 695 5G processor, paired with Adreno 619 GPU. It has a dual-camera set-up on the back, featuring a 108-megapixel primary camera sensor and a 2MP depth sensor. On the front, it features a 32MP camera sensor. Camera features include selfie HDR, bokeh flare portrait, and dual-view video. The smartphone comes in 8GB RAM (expandable by 8GB) and 128GB internal storage configuration, expandable up to 1TB via microSD.

It is powered by a 4,800 mAh battery, supported by 67W SUPERVOOC fast wired charging. The smartphone boots Android 13 operating system-based ColorOS 13 interface. Other features include under the screen fingerprint scanner, microSD card slot for storage expansion, dual-SIM support, Wi-Fi, Bluetooth, and USB-C port for charging and data transfer. It comes in sunrise gold and midnight black colours.

OPPO Enco Air3: Specification

The OPPO Enco Air3 is a pair of half in-ear wireless earbuds featuring a case with transparent lid. It is IP54 rated for dust and splash resistance. The earbuds feature 13.4mm audio drivers and boast up to 25 hours of battery life with a charging case. It comes with a USB Type-C port for charging.

It is powered by the Cadence HiFi5 digital signal processor, which is said to enhance speech recognition for voice-based interactions. The earbuds are equipped with OPPO Alive Audio for enhanced audio output. The Enco Air3 also supports a low latency rate of 47ms in dedicated game mode. Other features include SBC and AAC codecs, Bluetooth v5.3 for wireless connectivity and pairing with up to two devices at the same time.

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Samsung Galaxy Book3 series: Know India pricing, pre-book details & offers

by Hansraj Agrawal | Feb 3, 2023 | Technology

The Samsung Galaxy Book3 Pro 360 and the Galaxy Book3 Pro laptops are now available for pre-book in India. The Galaxy Book3 Ultra will be available for pre-book starting February 14. The Galaxy Book3 Ultra and Galaxy Book3 Pro 360 come in 16-inch screen and graphite colour. The Galaxy Book3 Pro is available in 14-inch and 16-inch screen variants in graphite colour. The Galaxy Book3 series is available for pre-book on select online and offline platforms, including Samsung’s website.

The Samsung Galaxy Book3 Pro and Galaxy Book3 Pro 360 laptops are available at a starting price of Rs 131,990 and Rs 163,990, respectively. The Galaxy Book3 Ultra is priced at Rs 281,990. Samsung is offering a bank cashback of Rs 10,000 and Rs 8,000 on the pre-book orders with the Galaxy Book3 Ultra and Book3 Pro series, respectively. Besides, the company is offering a no-interest equated monthly instalment scheme of up to 24 months.

As part of pre-book offers, Samsung is offering its M8 Smart monitor at a discounted price of Rs 1,999 on the purchase of Galaxy Book3 Ultra. On the Galaxy Book3 Pro series Intel core i7 variant, there are offers worth Rs 16,000 and consumers can double up the storage from 512B to 1TB at no additional cost. On purchase of the Galaxy Book3 Pro series Intel core i5 variant, Samsung is offering Galaxy Buds2 worth Rs 11,999 at a discounted price of Rs 1,999.

Samsung Galaxy Book3 Pro: Specifications

A thin-and-lightweight category laptop, the Book3 Pro is powered by 13th Gen Intel Core i5 or Core i7 processor based on Intel Evo platform, paired with Intel Iris Xe Graphics. It boots Windows 11 operating system. It sports a dynamic AMOLED 2X screen of 120Hz adaptive refresh rate and 400nits of brightness level. The Galaxy Book3 Pro comes in 8GB, 16GB, and 32GB LPDDR5 RAM variants with an option of 256GB, 512GB and 1TB storages. Connectivity is covered by Wi-Fi 6E and Bluetooth 5.1. The laptop has dual Thunderbolt 4 USB-C, USB-A, microSD card slot, audio in/out port and HDMI 1.4 port for wired interfaces.

The 14-inch variant is powered by 63Wh battery and 16-inch variant by 76Wh battery, supported by 65W Automatic power adapter for charging. Besides, its power button doubles up as a fingerprint scanner.

Samsung Galaxy Book3 Pro 360: Specifications

The 2-in-1 convertible laptop, the Book3 Pro 360 is powered by 13th Gen Intel Core i5 or Core i7 processor based on Intel Evo platform, paired with Intel Iris Xe Graphics. It sports a 16-inch dynamic AMOLED 2X touch screen of 120Hz adaptive refresh rate and 400nits of brightness level. It comes with stylus support, which is sold with the laptop. The laptop comes in 8GB, 16GB, and 32GB LPDDR5 RAM variants with an option of 256GB, 512GB and 1TB storages. It is powered by a 76Wh battery, supported by a 65W power adapter for charging. It has a four-speaker from AKG, supported by Dolby Atmos and Smart Amp. It boots Windows 11 operating system. Other features include fingerprint scanner on the power button, dual Thunderbolt 4 USB-C, Wi-Fi 6E, Bluetooth 5.1, USB-A, microSD card slot, audio in/out port, HDMI 1.4 port, backlit keyboard and nano SIM slot.

Samsung Galaxy Book3 Ultra: Specifications

Powered by the latest 13th Gen Intel Core processor in i7 and i9 variants, the laptop is said to be the fastest Galaxy Book to date. It has discrete NVIDIA RTX GeForce 4050 and 4070 GPUs for enhanced graphics and gaming experience. Featuring a 16-inch dynamic AMOLED 2X Display with 3K resolution, and an adaptive 120Hz refresh rate, the laptop weighs 1.79kg. The Galaxy Book3 Ultra is offered in 16GB and 32GB RAM variants and 512GB and 1TB of internal storage with an in-built expansion slot. Equipped with a 76Wh battery, the laptop is offered with a 100W USB Type-C fast-wired charging port. It features a 1080p fullHD camera and AKG quad-speaker system with Dolby Atmos technology. Among other features, the Book3 Ultra offers an island-type backlit keyboard, a fingerprint sensor on the power key, AI noise-cancelling dual microphones, a sleek aluminium body, and a seamless Samsung Galaxy connected experience.

Product	Screen	Processor	RAM (GB)	Storage	Price (Rs)
Galaxy Book3 Ultra	16-inch	13th Gen Intel Core i9 – H (45W)	32	1TB	2,81,990
Galaxy Book3 Pro 360	16-inch	13th Gen Intel Core i7 – P (28W)	16	1TB	1,79,990
Galaxy Book3 Pro 360	16-inch	13th Gen Intel Corei5 – P (28W)	16	512GB	1,55,990
Galaxy Book3 Pro 360	16-inch	13th Gen Intel Corei7 – P (28W)	16	512GB	1,63,990
Galaxy Book3 Pro	16-inch	13th Gen Intel Core i7 – P (28W)	16	1TB	1,65,990
Galaxy Book3 Pro	16-inch	13th Gen Intel Corei7 – P (28W)	16	512GB	1,49,990
Galaxy Book3 Pro	14-inch	13th Gen Intel Corei7 – P (28W)	16	1TB	1,55,990
Galaxy Book3 Pro	14-inch	13th Gen Intel Corei7 – P (28W)	16	512GB	1,39,990
Galaxy Book3 Pro	14-inch	13th Gen Intel Corei5 – P (28W)	16	512GB	1,31,990
Galaxy Book3 360	15-inch	13th Gen Intel Corei7 – P (28W)	16	1TB	1,38,990
Galaxy Book3 360	15-inch	13th Gen Intel Corei5 – P (28W)	16	512GB	1,14,990
Galaxy Book3 360	15-inch	13th Gen Intel Corei7 – P (28W)	16	512GB	1,22,990
Galaxy Book3 360	13-inch	13th Gen Intel Corei7 – U (15W)	16	1TB	1,33,990
Galaxy Book3 360	13-inch	13th Gen Intel Corei7 – U (15W)	16	512GB	1,17,990
Galaxy Book3 360	13-inch	13th Gen Intel Corei5 – U (15W)	16	512GB	1,09,990

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Very bullish on India, says Apple CEO; describes country as a major focus

by Hansraj Agrawal | Feb 3, 2023 | Technology

Apple CEO Tim Cook has said he is very bullish on India and described the country as a major focus and “hugely exciting market where the technology giant is putting a significant amount of energy through investments, retail and online presence.

Apple on Thursday reported revenue of USD 117.2 billion for the December quarter and set all-time revenue records in a number of markets, including Canada, Indonesia, Mexico, Spain, Turkey and Vietnam, along with quarterly records in Brazil and India.

The USD 117.2 billion revenue was down 5 per cent year-over-year, from nearly USD 124 billion in December 2021 as a result of a challenging environment.

We actually did fairly well through COVID in India. And I’m even more bullish now on the other side of it, or hopefully, on the other side of it. And that’s the reason why we’re investing there. We’re bringing retail there and bringing the online store there and putting a significant amount of energy there. I’m very bullish on India, Cook said at an earnings call after Apple reported financial results for its fiscal 2023 first quarter ended December 31, 2022.

He was responding to a question on Apple’s plans for India as the market emerges from the COVID-19 pandemic.

Responding to another question on Apple making strides in India, Cook said looking at the business in India, we set a quarterly revenue record and grew very strong double digits year-over-year.

And so we feel very good about how we performed, and that was — that’s despite the headwinds that we’ve talked about, Cook said, adding that taking a step back, India is a hugely exciting market for us and is a major focus. We brought the online store there in 2020. We will soon bring Apple retail there.”

So we’re putting a lot of emphasis on the market. There’s been a lot done from financing options and trade-ins to make products more affordable and give people more options to buy. And so there’s a lot going on there, he said.

Apple Chief Financial Officer and Senior Vice President Luca Maestri said that iPhone revenue was USD 65.8 billion despite significant foreign exchange headwinds, supply constraints on iPhone 14 Pro and iPhone 14 Pro Max and a challenging macroeconomic environment.

In spite of these circumstances, we set all-time iPhone revenue records in Canada, Italy and Spain, and saw strong growth in several emerging markets, including all-time iPhone revenue records for India and Vietnam, Maestri said.

Maestri added that in emerging markets, in particular, the installed base grew double digits, and Apple had record levels of switchers in India and Mexico. He said growth for the company is coming from every major product category and geographic segment, with strong double-digit increases in emerging markets such as Brazil, Mexico, India, Indonesia, Thailand and Vietnam.

In a statement, Cook said that during the December quarter, Apple achieved a major milestone and now has more than two billion active devices as part of its growing installed base.

“As we all continue to navigate a challenging environment, we are proud to have our best lineup of products and services ever, and as always, we remain focused on the long term and are leading with our values in everything we do, Cook said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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