Apple Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Gafa Tax: France to levy 3% tax on Internet giants

The French parliament approved a law dubbed as Gafa Tax (an acronym for Google, Apple, Facebook and Amazon), the legislation will impose a 3% levy on sales generated in the country by non-tax paying online giants. Key Highlights Levying this 3% tax on total annual revenues of largest technology firms providing services to French consumers Read More…

Month:  Categories: International

Tags:

Apple Opens First Official Store in South East Asia at Singapore

Apple has opened its first store in Southeast Asia at Singapore’s upmarket shopping district. Apple expects this store to be one of the most of the most popular stores in the world. Most of the earnings for Apple comes from the sales of its flagship iPhone, which of late faces increasingly tough competition in a saturated market. Apple already Read More…

Month:  Categories: International

Tags:

Apple’s Cash Reserve worth 2/3rd of India’s Forex Reserve

Apple has reported over $256 billion in cash and marketable securities. In the previous year, Apple’s earnings report for the January-March quarter was $233 billion. According to the rating agencies, the cash reserve possessed by the company is more than Google, Microsoft and Amazon’s total cash. Compared to Apple’s $256 billion, Microsoft has $126 billion, Alphabet has $92 billion, Read More…

Month:  Categories: International

Tags:

Apple Inc opens Development Office in Hyderabad

US personal and consumer technology giant Apple Inc. opened a new Development Office in Hyderabad, Telangana. The office was formally opened by Apple’s CEO Tim Cook who is on official visit to India. The facility located on the Waverock campus will focus on development of Maps for Apple’s flagship products, including iPad, iPhone, Mac and Read More…

Month:  Categories: Business, Economy & Banking

Tags:

Alphabet Inc overtakes Apple as world’s most valuable company

Alphabet Inc., the parent company of Google has overtaken Apple as s most valuable company in the world. Alphabet has made a profit of $4.9 billion in the fourth quarter and was valued at 548 billion dollars followed by Apple which was valued 534 billion dollars. The core Google businesses was largest contributor to had Read More…

Month:  Categories: Business, Economy & Banking

Tags:

Apple Inc fined $553 million for patent infringement

US Tech giant Apple Inc has been fined $553 million for three patent infringements owned by patent licensing firm Smartflash LLC. This verdict was given by federal Jury in US District Court for the Eastern District of Texas. The Jury in its verdict found out that Apple Inc’s iTunes software has infringed three patents owned by Smartflash Read More…

Month:  Categories: International

Tags:

US tech giant Apple reports largest quarterly profit in history

US technology giant Apple, has reported the biggest quarterly profit of 18 billion US dollar. It is the biggest quarterly profit ever made by any public company in World and broke the previous record of ExxonMobil which had earlier topped by making $15.9 billion profit in 2012. Apple’s revenue had grown to $74.6 billion in Read More…

Month:  Categories: Business, Economy & Banking

Tags: