Trends - Apple - Business Recorder

Apple

S&P 500, Nasdaq weighed down by inflation worries after upbeat data

The S&P index recorded 30 new 52-week highs and no new low, while the Nasdaq recorded 55 new highs and 21 new lows.

Published 04 Jun, 2021 12:39am

World

Digital tax dispute: US suspends tariffs on UK, India, European nations

WASHINGTON: The US government announced Wednesday it is suspending for six months punitive tariffs on Britain, India...

Published 03 Jun, 2021 04:13am

US suspends tariffs on UK, India, EU nations in digital tax dispute: USTR

Biden's administration is pushing for a 15 percent global minimum corporate tax that aims to resolve the issue of corporations sheltering profits in low-tax nations.

Published 02 Jun, 2021 08:28pm

Technology

Huawei to launch new mobile operating system in fight for survival

It became one of the world's three leading mobile phone manufacturers along with Samsung and Apple - briefly occupying the number one spot last year - driven by Chinese demand and sales in emerging markets.

Published 02 Jun, 2021 02:48pm

Technology

Apple's new AirPods are on the way: Here's what to expect

Apple is planning revamp for its entry-level AirPods this year and a second-generation version of its AirPods Pro in 2022
While the release date for these upgraded AirPods remains speculative, many industry analysts expect a launch before the end of 2021

Published 29 May, 2021 08:36pm

Markets

Ford boosts EV spending, outlines 2030 sales targets, shares near 5-year high

Ford and other global automakers are racing to shift their gasoline-powered lineups to all electric power under pressure from regions like Europe and China to cut vehicle emissions.

Published 26 May, 2021 10:54pm

Business & Finance

Apple's Tim Cook takes stand to defend App Store at trial with 'Fortnite' maker

Cook is expected to spend more than two hours making what are likely to be his most extensive public remarks on the App Store, which anchors Apple's $53.8 billion services business.
The maker of "Fortnite," which pits players against in each other in an animated "Battle Royale" fight to the last survivor, is led by CEO Tim Sweeney, who has reveled in the public opportunity to take on Apple.

Published 21 May, 2021 09:04pm

Markets

Asian markets hit by volatility, oil down on Iran nuclear reports

"It's no surprise to me, as Chinese capital controls can be challenged by cryptocurrency purchases in the country and transfers out of the country," Adam Reynolds, of Saxo Markets, said.

Published 19 May, 2021 11:06am

Technology

Apple announces lossless Apple Music for Free

Apple announced that its Apple Music will be receiving two major updates in the coming June: support for high-quality, lossless audio and new Spatial Audio with Dolby Atmos feature.
This new feature will be available for free to all subscribers.

Updated 17 May, 2021 08:13pm

World

EU court to decide on Amazon tax appeal

The French energy giant Engie will also learn the fate of its fight against a similar EU order to repay Luxembourg 120 million euros in taxes.

Updated 12 May, 2021 11:57am

Technology

Apple, Epic in heated US court clash over app market

"Apple did not create a secure and integrated ecosystem to keep people out, it did that so it could invite developers in -- without compromising the privacy, reliability and quality consumers wanted," Dunn said.

Published 04 May, 2021 10:33am

Technology

Fortnite maker girds for epic court clash with Apple

Epic, which is seeking to return to the App Store without being forced to use Apple's payment scheme, is not alone in its criticism.

Published 02 May, 2021 11:36am

EU hits Apple with music streaming charge

BRUSSELS: EU regulators accused Apple on Friday of distorting competition in the music streaming market, siding ...

Published 01 May, 2021 03:28am

Technology

Apple, Facebook deliver more blockbuster profits for tech

SAN FRANCISCO: Apple and Facebook delivered blockbuster profits on Wednesday in the latest sign of Big Tech’s...

Updated 30 Apr, 2021 10:33am

Markets

Thursday’s early afternoon trade: S&P near record high; Facebook jumps, Apple slips

NEW YORK: The S&P 500 hovered near record highs on Thursday, helped by gains in Facebook and upbeat economic...

Published 30 Apr, 2021 05:06am

Technology

Apple, Facebook deliver more blockbuster profits for tech

The surging influence of Big Tech firms, including Amazon, which reports earnings Thursday, has led to calls for increased regulation, higher taxes and stronger antitrust enforcement to foster more competition.

Published 29 Apr, 2021 10:52am

World

German firms file anti-trust complaint against Apple

BERLIN: A group of German tech and media companies filed an anti-trust complaint Monday against Apple over the US...

Updated 27 Apr, 2021 10:08am

Business & Finance

Apple boosts US investment pledge to $430bn

SAN FRANCISCO: Apple announced Monday it plans to boost its investment plans in the United States to $430 billion...

Updated 27 Apr, 2021 10:05am

Technology

Apple adds podcast subscriptions

SAN FRANCISCO: Apple is adding a subscription option to its pioneering podcasting service, evidently moving to fend...

Updated 22 Apr, 2021 09:50am

Technology

Apple adds podcast subscriptions as competition mounts

Industry tracker eMarketer last month said that Spotify has been growing quickly and that its podcasting service is on track to have more listeners in the United States than Apple Podcasts this year.

Published 21 Apr, 2021 11:38am

Technology

Apple announces $200mn forestry fund to reduce carbon

"Timelapse in Google Earth is about zooming out to assess the health and well-being of our only home, and is a tool that can educate and inspire action," the company said in a blog post.

Published 16 Apr, 2021 10:46am

Business & Finance

TSMC's Q1 profit rises 19% on strong chip demand

The Taiwanese company had already flagged a plan to spend $25 billion to $28 billion this year to develop and produce advanced chips.

Published 15 Apr, 2021 12:10pm

Business & Finance

It’s Official! LG to shutdown mobile phone business worldwide

“The wind down of the mobile phone business is expected to be completed by July 31 although inventory of some existing models may still be available after that,” the company said.

Published 05 Apr, 2021 02:15pm

Technology

What will iPhone 13 look like?

According to experts, in 2021, four models of iPhone 13 will be launched namely; iPhone 13 Pro, iPhone 13 Pro Max, iPhone 13, and iPhone 13 mini.

Published 03 Apr, 2021 12:45pm

Business & Finance

Apple supplier Foxconn Q4 profit misses estimates

The Taiwanese firm reported October-December net profit of T$45.97 billion ($1.61 billion), down 4% compared with the year ago period, the company said in a statement.

Published 30 Mar, 2021 11:35am

Life & Style

Streaming drives 7.4pc global music growth in 2020

PARIS: The global recorded music business grew by 7.4 percent last year, an industry body said Tuesday, as streaming...

Published 24 Mar, 2021 05:10am

World

Apple to pay $308.5m for patent infringement

NEW YORK: A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications...

Updated 21 Mar, 2021 09:34am

Business & Finance

Taiwan February export orders seen up for 12th month in row

Taiwan's export orders are a leading indicator of demand for Asia's exports and for hi-tech gadgets, and typically lead actual exports by two to three months.

Published 19 Mar, 2021 11:39am

Markets

Apple Inc spending from 'green bonds' hits $2.8 billion

The company said the 200-meter tall turbines near Esbjerg will generate 62 gigawatt hours of electricity each year for Apple's data center in Viborg, with all surplus energy going to the Danish grid.

Published 17 Mar, 2021 01:02pm

Business & Finance

Apple to invest over one billion euros in Munich microchip R&D hub

Munich has been a home to Apple for four decades, Apple CEO added.

Published 10 Mar, 2021 05:22pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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