Trends - Apple - Business Recorder

Apple

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

Malala signs Apple TV deal

ISLAMABAD: Pakistani activist Malala Yousafzai, who won the Nobel Peace Prize as a teenager after surviving a ...

Updated 10 Mar, 2021 09:48am

Life & Style

Malala partners with Apple to produce dramas, comedies and documentaries

Malala and her new production company join Apple TV+'s growing roster of content creators including Oprah Winfrey, Steven Spielberg, Will Smith and Jennifer Aniston.

Published 09 Mar, 2021 03:22pm

Business & Finance

Microsoft sets stage for mixed-reality future

SAN FRANCISCO: Microsoft set the stage for a future in which long-distance coworkers can collaborate as though in ...

Updated 08 Mar, 2021 09:16am

Markets

Wednesday’s early trade: S&P, Nasdaq fall as high-flying tech stocks slide

NEW YORK: Wall Street’s major indexes dropped on Wednesday, weighed down by technology stocks as investors unwound...

Published 04 Mar, 2021 04:58am

Markets

Apple, Tesla pull Wall Street down

NEW YORK: Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as...

Published 04 Mar, 2021 04:58am

Business & Finance

Apple ousted Samsung & Xiaomi as the top-selling smartphone brand in late 2020

Apple overtook Samsung and Xiaomi to become the top-selling smartphone brand in the fourth quarter of 2020.
Apple also claimed a market share of 20.8 percent in the 4th quarter of 2020.

...

Published 23 Feb, 2021 04:22pm

Business & Finance

iPhone 12 sales propel Apple to top of smartphone market

WASHINGTON: Strong sales of iPhone 12 models lifted Apple to the top of the global smartphone market in the fourth...

Updated 23 Feb, 2021 09:30am

Business & Finance

Apple lobbies for India incentives as it plans iPad assembly

Foxconn will invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles iPhones, Reuters reported previously.

Published 18 Feb, 2021 01:11pm

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Dec 4 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
SME Leasing Ltd / Dec 4 SME Leasing Limited(SLL)	2.16 ▲ 0.26 (13.68%)
Waves Home Appliances / Dec 4 Waves Home Appliances Limited(WHALE)	8.87 ▲ 0.84 (10.46%)
F. Nat.Equities / Dec 4 First National Equities Limited(FNEL)	5.80 ▲ 0.52 (9.85%)
Trust Sec.& Brok. / Dec 4 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
HBL Invest Fund / Dec 4 HBL Investment Fund(HIFA)	3.41 ▲ 0.29 (9.29%)
Jubilee Spinning / Dec 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.98 ▲ 0.58 (9.06%)
Dewan Sugar / Dec 4 Dewan Sugar Mills Limited(DWSM)	4.05 ▲ 0.32 (8.58%)
Hussain Industries / Dec 4 Husein Industries Limited(HUSI)	16.13 ▲ 1.13 (7.53%)
Shadman Cotton / Dec 4 Shadman Cotton Mills Limited(SHCM)	15.59 ▲ 1.09 (7.52%)

Stock	Price
Tri-Star Mutual / Dec 4 Tri-Star Mutual Fund Limited(TSMF)	4.52 ▼ -0.92 (-16.91%)
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.01 ▼ -0.84 (-14.36%)
Reliance Ins. / Dec 4 Reliance Insurance Company Limited(RICL)	8.57 ▼ -0.93 (-9.79%)
B. F. Mod. / Dec 4 B.F. Modaraba(BFMOD)	5 ▼ -0.50 (-9.09%)
Hira Textile / Dec 4 Hira Textile Mills Limited(HIRAT)	1.90 ▼ -0.18 (-8.65%)
MithchellsFruit / Dec 4 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Shaheen Ins. / Dec 4 Shaheen Insurance Company Limited(SHNI)	3.40 ▼ -0.25 (-6.85%)
Asim Textile / Dec 4 Asim Textile Mills Limited(ASTM)	12.80 ▼ -0.93 (-6.77%)
Gammon Pak / Dec 4 Gammon Pakistan Limited(GAMON)	12.60 ▼ -0.90 (-6.67%)
Ask.Gen.Insur. / Dec 4 Askari General Insurance Company Limited(AGIC)	17.21 ▼ -1.17 (-6.37%)

Stock	Volume
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.03
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.18
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.22
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.64
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	24,976,694 ▲ 0.01
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.01
Oil & Gas Dev. / Dec 4 Oil & Gas Development Company Limited(OGDC)	16,181,646 ▲ 5.23
Pak Refinery / Dec 4 Pakistan Refinery Limited(PRL)	14,996,671 ▲ 0.49
D.G.K.Cement / Dec 4 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.08
Air Link Com. / Dec 4 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 1.90

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 4	146.85
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
Nasdaq / Dec 1	14305.03
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15
India Sensex / Dec 4	68587.82
Tokyo Nikkei / Dec 4	33273.12
Hang Seng / Dec 4	16729.01

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Crude Oil USD/Barrel / Dec 4	78.30
Gold Spot USD/Ounce / Dec 4	2085.16
Cotton US¢/pound / Dec 4	79.44

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