Category: Finance

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Apple launches Tap to Pay on iPhone in Australia

Apple has debuted its Tap to Pay feature on iPhone in Australia, allowing for secure contactless payments throughout the country. At launch, Westpac and Tyro Payments are the first payment platforms in Australia to provide Tap to Pay on iPhone to their customers. Other payment platforms and applications, such as ANZ Worldline Payment Solutions, Stripe, […]

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Foxconn reported to have broken new ground on $500 million AirPods plant in India

Foxconn’s expansion outside of China continues. The company has begun making an investment of $500 million into new plants in India, according to a tweet by K.T. Rama Rao, the state IT minister for Telangana. It’s thought that the plant will most likely be used in the production of AirPods for Apple. In March, Foxconn […]

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Oculus founder tweets effusive-but-cryptic praise regarding Apple’s mixed reality headset

Apple’s forthcoming mixed reality headset just earned copious-if-vague praise from the founder of Oculus. In a cryptic post on Twitter on Sunday night, Palmer Luckey simply tweeted: “The Apple headset is so good.” Luckey’s comments come after testers have reportedly been left “blown away” by the product in early demos. Luckey founder Oculus, one of […]

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Foxconn reports 56 percent profit shortfall for Q1 2023, offers modest financial expectations for the year

The numbers aren’t where Foxconn, Apple’s primary supplier, would like them to be. Foxconn recently reported a 56 percent decline for its first-quarter net profit, a number that represented its largest quarterly decline in three years, the company falling far short of forecasts. During the January-March quarter, Foxconn disclosed a decline in net profit to […]

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Apple boosts trade-in values for a number of older iPhones, Macs, Apple Watches, and iPads

Apple on Thursday released a list of increased trade-in values for a limited number of older iPhone models as part of an effort to encourage customers to upgrade to the iPhone 14 lineup. The company also offered increased trade-in values for the iPhone 13 Pro Max, ‌iPhone 13 Pro‌, iPhone 12 Pro Max, iPhone 12 […]