Shares of the largest U.S. company by market value rose 2% after Apple exceeded Wall Street’s expectations for revenue and profit for the April 1 quarter.
Cook's compensation for the last fiscal was $99.4 million, while for 2023, his compensation target was set at $49 million, more than 40% lower than his 2022 pay.
The iPhone maker has been working to limit its reliance on other chipmakers, having moved to its own line of chips for recent models of its Mac computers, replacing those from Intel Corp.
With its fortress balance sheet of roughly $190 bn in cash, Apple can withstand almost any grim economic scenario. But valuation and fundamentals eventually will matter again.
The Foxconn factory, located in Sriperumbudur on the outskirts of Chennai, was shut down after worker protests and will resume operations once 'necessary improvements' are made.
Apple's plans include devices fitted with processors that run faster than current M1 chips, improved connectivity to external devices, and could see a release as early as this summer.
The Facebook CEO criticised Apple’s iMessage, suggesting it offered weaker privacy than WhatsApp, & implied iMessage’s market dominance was due to unfair advantages provided by Apple.
Release 16 of the 3GPP standards or 5G Phase 2, is focused on technologies that will benefit non-smartphone applications, including vehicle communications, factory connectivity etc.
Apple started testing the program with a small number of stores when locations started re-opening after closing down earlier this year due to Covid-19.
What hope is there for Dalits when the YouTuber who whipped up the hysteria against CJI BR Gavai boasts on social media after a visit to the police station that ‘the system is ours’?
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
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