APPLE
Kevan Parekh: Apple new CFO's education qualification, career milestones and achievements
Kevan Parekh has been named the new Chief Financial Officer of Apple Inc., effective January 1, 2025. Having joined Apple in 2013, Parekh has progressed through various leadership roles. His promotion follows Luca Maestri, the current CFO. Tim Cook praised Parekh's financial acumen and understanding of Apple’s operations.
Apple iPhone 16 expected price, features & colours: All you need to know
Apple is set to unveil its next-generation iPhone at the Apple Event 2024, scheduled for September 9. The new lineup will include the iPhone 16, 16 Plus, 16 Pro, and 16 Max. Expected features include varied display sizes, improved battery capacities, significant camera upgrades, and powerful new chipsets. Prices are anticipated to start from $799.
Apple eyes bigger slice of India's streaming market with Airtel deal
Apple is collaborating with India's Airtel to offer free access to Apple TV+ and Apple Music for Airtel's premium customers. This strategic move aims to expand Apple's presence in India's competitive entertainment market, as it competes with Netflix, Amazon Prime Video, and Disney+ Hotstar. Airtel's Wynk music app will be discontinued as part of this arrangement.
Apple cuts 100 jobs in digital services groups as priorities shift
The layoffs included some engineering roles, and the biggest cuts were made to the team responsible for the Apple Books app and Apple Bookstore. There were also layoffs in other services teams, including the one that runs Apple News.
Acapulco Season 4: Apple TV+ show’s renewal, storyline, cast and production team
Apple TV+ has confirmed the renewal of 'Acapulco' for a fourth season. The comedy series, inspired by Eugenio Derbez's film 'How to Be a Latin Lover,' continues to gain momentum after its third season and several Imagen Awards nominations. The show follows the journey of Máximo, a young man working at a resort.
Airtel to shut down Wynk Music, offer Apple Music to users
Bharti Airtel is shutting down its music streaming service Wynk Music after a decade. Over 100 million Wynk users will initially receive a free trial of Apple Music, transitioning to paid subscriptions if they choose. This strategic move allows Airtel to exit a challenging market and provides Apple with a substantial new user base in India. The partnership also includes future exclusive access to Apple Music and Apple TV+ for Airtel customers. Wynk, generating ₹250-₹300 crore annually, will be phased out, and its employees will be absorbed into Airtel.
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Apple’s hiring drive; Zomato's new ticketing feature
Apple’s shift from China is driving a massive surge in hiring in India. Details on this and more in today’s ETtech Top 5.
iPhone 16 Pro, Pro Max to launch with A18 chipset, AI upgrades: What to expect from Apple's September event?
Apple is set to unveil the iPhone 16 series, including the iPhone 16 Pro and Pro Max, at its "Glowtime" event on September 9, 2024. Key upgrades include larger displays, with the Pro models expected to feature 6.3-inch and 6.9-inch screens. The new A18 Pro chipset will power these devices, introducing Apple Intelligence AI, enhanced camera systems, and a new Capture Button.
Apple Event 2024: iPhone 16 launch date, time and new device launches
Apple Event 2024: Apple will host its annual event on September 10. The lineup for this year's event includes a 'Capture Button,' larger displays for Pro models, and enhanced AI with the A18 chip, besides the likely launch of iPhone 16. The event also revealed the Apple Watch Series 10 and new AirPods. Apple maintains its tradition of fall product launches.
Bharti Airtel partners with Apple to offer exclusive access to Apple TV+ content and Apple Music
Bharti Airtel has partnered with Apple to provide exclusive entertainment packages for Indian users. Airtel Xstream customers will enjoy Apple TV+ with premium WiFi and postpaid plans and exclusive deals on Apple Music for Wynk Premium users. These services will be available later this year, enriching Airtel's content offerings.
Airtel, Apple sign pact for content
As part of the partnership, Airtel XStream customers can now watch Apple TV+ content as part of the telco's video streaming platform. The service is included for premium Airtel WiFi customers and postpaid plans, the company said.
Apple appoints Indian-origin Kevan Parekh as CFO: 10 things to know
Kevan Parekh, with over ten years at Apple, was named the new CFO, succeeding Luca Maestri. Parekh, who brings previous experience from Thomson Reuters and General Motors, will take over on January 1, 2025. The change comes ahead of Apple's fall event, where it is expected to reveal new iPhone models with AI features.
Apple taps insider Kevan Parekh as CFO, replacing Luca Maestri
"It appears that the transition to the new CFO is planned and orderly, which is the most important question. Maestri staying on with Apple is also very important, as it removes the risk of financial questions," D.A. Davidson analyst Gil Luria said.
Who is Apple's new CFO, Indian origin Kevan Parekh?
Apple Inc has appointed Indian-origin engineer Kevan Parekh as its new Chief Financial Officer, succeeding Luca Maestri. Parekh, who will assume office on January 1, 2025, is currently Vice President of Financial Planning and Analysis at Apple. With 11 years at Apple, he has played a crucial role in shaping its financial strategy and operations.
Apple plants may yield 600,000 jobs in India by March
Apple's Indian workforce will comprise 200,000 direct jobs being created by March-end with women making up a dominant 70%, according to estimates and data submitted by the company as well as its suppliers to the government.
Apple defense bolstered by Google monopoly ruling in US case
A recent ruling against Google's search business as an illegal monopoly may bolster Apple's defense in its own antitrust case. The court's decision supports the idea that companies generally have no obligation to assist competitors, which could help Apple argue that its limitations on third-party developers are reasonable and not anti-competitive.
Apple rethinks its movie strategy after a string of misses
Apple is not alone in its box office struggles. This year has seen some really big hits ("Inside Out 2," "Deadpool & Wolverine") and some notable misfires ("The Fall Guy," "Furiosa: A Mad Max Saga"). And Apple has seen some of its films perform well in streaming.
Apple to update EU browser options, make more apps deletable
Apple will introduce changes to its browser options and default app settings for users in the European Union. A new choice screen for selecting default browsers and a dedicated section for default apps will be introduced. Users will also be able to delete certain Apple-made apps, excluding essential ones.
iPhone 16 Pro, Pro Max price drop expected at India launch. Here's what leaks say ahead of Apple event
Apple is set to begin manufacturing its iPhone 16 Pro and Pro Max models in India, marking the first time these high-end devices will be produced outside of China. This move is expected to reduce prices by up to 10% due to savings on import duties, though costs may still be higher in India compared to other regions. Most of the locally assembled units will be exported to markets like Europe and the U.S.
iphone 16 launch: Apple September event to also debut Watch Series 10, AirPods 4. Here's what we know
Apple is set to host its much-anticipated event in September 2024, where it will unveil several new products. The highlight will be the iPhone 16 series, expected to include four models with upgraded features, a glossy titanium finish for Pro versions, and the new iOS 18. Alongside, Apple is likely to introduce the Apple Watch Series 10, Apple Watch Ultra 3, and a budget-friendly third-generation Apple Watch SE.
Netflix, Apple TV plus, Hulu offer new shows. Release dates, when to watch
Netflix, Hulu and Apple TV Plus subscribers can watch new shows this week. Here is a complete list.
What Warren Buffett’s Apple sale brings back to the investment world
Warren Buffett partially sold his Apple shares, citing high valuations despite the company's robust profitability. Apple was a bargain in 2016 but has become much more expensive. This move underscores the need to weigh quality against price, even for excellent names like Apple. It emphasizes a cautious approach to investing.
iPhone 15 vs iPhone 14 vs iPhone SE: Apple smartphone prices see major drop in India. Check new prices
Apple has reduced the prices of its iPhone models in India by 3-4% following a reduction in import duties from 20% to 15% as announced in the Union Budget 2024. The price cuts, which range from Rs 300 to Rs 6,000 depending on the model, mark the first time Apple has lowered prices for its current-generation Pro models in India. This move comes as Apple's shipments in China are slowing down.
‘Pachinko Season 2’ to arrive in August! Here’s where you can stream the award-winning Korean TV series
Pachinko Season 2 will stream on Apple TV+ starting August 23. The new season will pick up where the first left off, continuing to explore the challenges and experiences of Kim Sunja, a Korean immigrant in Japan, and her family.
Steve Jobs once called Microsoft products 'third-rate': Apple co-founder's old video goes viral
On July 19, a major global outage affected Microsoft's services, including banking, aviation, and supermarkets, due to a problematic update from CrowdStrike. Amid the disruption, an old interview of Steve Jobs from 1995 resurfaced, in which he criticized Microsoft for producing "third-rate products" and lacking "taste." While Jobs’ comments stirred debate on social media, Microsoft and CrowdStrike worked to resolve the issues, with Microsoft eventually restoring most services.
From 'Pariah' to '36 Days': Watch this week's latest OTT releases on Netflix, Prime Video, Disney+ Hotstar
OTT platforms and theatres are buzzing with a host of exciting new releases. From Riteish Deshmukh's gripping medical thriller 'Pill' on JioCinema to Emraan Hashmi's high-stakes drama 'Showtime Season 1 Part 2' on Disney+ Hotstar, there's something for everyone. Notable releases include the romantic comedy 'Fly Me to the Moon,' the sci-fi adventure 'Me' on Apple TV+, the Bengali thriller 'Pariah' on Hoichoi, and the family drama '36 Days' on SonyLIV.
From 'Kakuda' to 'Showtime Season 1 Part 2': Latest OTT releases to watch this week on Disney+ Hotstar, Prime Video, Netflix
This week's OTT releases offer a variety of entertainment options across platforms like Disney+ Hotstar, Apple TV+, Netflix, Prime Video, and more. Highlights include action-packed thrillers, mysterious dramas, rib-tickling comedies, and thought-provoking dramas. From RAW agents navigating political intrigue to domestic robots aiding in solving mysteries, each show promises unique storytelling and engaging characters, catering to diverse audience preferences.
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