BENGALURU (Reuters) -Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian conglomerate's deepening role in the U.S. tech giant's supply chain, two people familiar with the matter said. As Apple looks beyond China for manufacturing, Tata has fast emerged as its key supplier and already assembles iPhones for local and foreign markets at three facilities in south India, with one of them also making some iPhone components. In its latest partnership expansion, Tata is taking over the mandate from an Indian unit of Taiwan's Wistron, ICT Service Management Solutions, and will carry out such after-sales repairs from its Karnataka iPhone assembly campus, both sources said...
Continue ReadingApple's stock is down significantly this year as multiple factors have been weighing down its valuation. Tariffs and a fumbled artificial intelligence strategy could further impact its near-term growth prospects. Shares of tech and consumer giant Apple (NASDAQ: AAPL) are down around 20% this year...
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Continue ReadingWe recently published a list of Jim Cramer Talked About These 16 Stocks Recently. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other stocks that Jim Cramer discussed recently. While discussing Apple Inc. (NASDAQ:AAPL), Cramer noted that the tariffs are hitting the company, as he said: […]...
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Continue Reading(Reuters) -Apple on Wednesday failed to persuade a U.S. appeals court to pause key parts of a federal judge's order requiring the iPhone maker to immediately open its lucrative App Store to more competition. The 9th U.S. Circuit Court of Appeals rejected Apple's request to put the provisions on hold as the tech company appeals the judge's order, which came in a long-running antitrust lawsuit brought by “Fortnite” maker Epic Games. U.S. District Judge Yvonne Gonzalez Rogers in April found Apple in contempt of an earlier injunction order she issued in the Epic Games case...
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