Apple spends USD 236 to make each iPhone 6s Plus device, which it sells for over three times that value at USD 749â€”a 217.4 percent markup that highlights the tech giant's ability to dominate the premium market while other smartphone makers struggle.
The California tech giant said it was partnering with South Korea's LG for its 5.2-inch screen Nexus 5X, and with China's Huawei for its "phablet" sized 5.7-inch Nexus 6P. Both handsets will be sold unlocked, with Google hoping to capitalise on a trend in the US and other markets away from smartphone subsidies as part of long-term contracts.
The availability of the new devices, that compete with the likes of Samsung's Galaxy Note5 and Galaxy S6 Edge+, will enable the US-based firm to cash in on the upcoming festive season.
Analysts had expected the company to sell 12 million to 13 million phones during the first weekend.
Many of the stores look just like Apple's signature outlets, right down to the sales staff kitted out in blue T-shirts bearing the company's white logo and the sample iPads and iWatches displayed on sleek wooden tables.
In the wake of the first major breach on its outlet for distributing iPhone and iPad software, Apple marketing chief Phil Schiller told Chinese news site Sina.com that it will offer domestic downloads within China of its software for developing apps.
Apple‘s iPhone upgrade program allows users to own the new smartphones directly from Apple without getting locked into the two-year contract plan by carriers. It is offering the USD 32/month two-year agreement in which users can get new iPhones every year along with Apple Care services.
The company disclosed the effort after several cyber security firms reported finding a malicious program dubbed XcodeGhost that was embedded in hundreds of legitimate apps.
The British capital ranked behind Zurich, Geneva, New York and Oslo when it came to the relative cost of goods, including rent, but was in 13th place on a comparison of gross salaries.
On Twitter, a number of users reported that updates would fail after several minutes, requiring them to start the process over, and many posted screen shots of the error message they received, "Software Update Failed."
The US Court of Appeals for the Federal Circuit in Washington, D.C. said the lower court abused its discretion when it denied Apple Inc an injunction after a jury ordered Samsung Electronics Co Ltd to pay USD 120 million in May, 2014 for infringing three of Apple's patents.
The Chinese debut of the prior models, the iPhone 6 and 6 Plus, was delayed last year as the company awaited approval from regulators. Many analysts say China is poised to overtake the United States as Apple's biggest market.
Apple announced a programme on Wednesday that will allow customers to finance unlocked versions of the new iPhones through monthly instalments starting at USD 32, regardless of which carrier they choose.
Taiwan-listed Hon Hai Precision Industry Co., which goes by the trade name Foxconn and is an assembler of the iPhones and iPads, slipped 0.82 percent to TUSD 84.80 at the open.
The goal is to challenge Google in an area the Internet search giant has long dominated: smartphone features that give users what they want before they ask.
The previous Samsung smartwatches could be paired only with Samsung‘s own handsets. However, the Gear S2 has been opened to pair with all Android smartphones and now the company is targeting iOS fans.
The rollout comes as big technology companies look to gain ground in the growing market. The move could give watch producers using Android software another tool to draw consumers, as the smartwatches previously linked only to Android phones.
Apple, which aims to begin offering the service next year, has held preliminary talks with executives from Hollywood in recent weeks to gauge their interest in spearheading efforts to produce entertainment content, Variety reported, citing sources.
The companies said in a joint release that they will optimize Cisco networks to provide a "fast lane" for devices and applications running on Apple's iOS mobile operating system.
The median estimate from a Reuters poll of economists put GDP annual growth at 7.4 percent in the quarter, just below 7.5 percent in January-March
The ruling by the Federal Court of Appeals in Karlsruhe covers one of the Apple iPhone's most popular defining features, of which makers of rival Android-based phones have developed their own versions.
Tim Cook noted that he gets updates daily on Apple activity in China "including this morning, and I can tell you that we have continued to experience strong growth for our business in China through July and August."
The affected phones were mostly sold in a 4-month period between September 2014 and January 2015, Apple said on its website.
The 5-year deal, announced last weekend, is a reminder of the pulling power of India's wealthiest states - even as the central government under Prime Minister Narendra Modi hits its biggest reform roadblocks to date, over tax and land reform.
Whether it will be called an iPhone 6s or an iPhone 6c; according to latest reports, it will obviously be in the month of September.