APPLE

New Tata plant starts iPhone production, Foxconn close behind as Apple looks to India, sources say
Apple has begun iPhone production at a new Tata Electronics plant in Tamil Nadu, with another Foxconn facility in Bengaluru set to start shipments in May. As US-China trade tensions rise, Apple is accelerating its shift to India, targeting major production relocation by 2026.

Corning sees second-quarter core sales above estimates as AI boom aids demand
Corning forecast Q2 core sales of $3.85 billion, surpassing estimates, driven by strong demand for optical connectivity products in AI and 5G. Q1 sales and earnings also beat expectations. The company benefits from Apple’s investments and rising enterprise demand for Gen AI infrastructure.

India queries Apple, Xiaomi in ecommerce probe of Amazon, Flipkart, sources say
India's Enforcement Directorate agency, which probes economic crimes, has been investigating Amazon and Flipkart for years for allegedly breaching laws by stocking and exerting control over goods they list online. Indian laws prohibit foreign ecommerce companies from doing so as the platforms can only operate a marketplace to connect buyers and sellers.

iPad Air M3 long-term review: A love letter to all the creatives
iPad Air is now powered by the M3 chip. iPad Air starts at Rs. 59,900 and the new iPad Air supports Apple Intelligence

Indian apps don't fall far from Apple tree
Indian developers are generating revenue for Apple's App Store. This strengthens Apple's engagement in India. India's e-commerce market and US-China trade tensions influence Apple's strategy. Apple's diversification to India is proving beneficial. The app ecosystem thrives due to digital transactions. This success mitigates concerns about app store pricing. India contributes to Apple's hardware, software, and talent pool.

Apple App Store in India facilitated Rs 44,447 crore in billings, sales in 2024: Study
A new study reveals the App Store ecosystem in India facilitated substantial developer billings and sales, reaching Rs 44,447 crore in 2024. Indian developers' global earnings have tripled in five years, with most revenue accruing directly to them.
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Suffering from fatty liver disease? 5 snacks approved by a Harvard doctor to boost your liver health
Liver health is often neglected, yet crucial for overall well-being. Dr. Saurabh Sethi, a liver specialist, recommends simple dietary choices to nurture this vital organ. He suggests dates with walnuts, mixed nuts, and dark chocolate with nuts for antioxidant boosts. Honey with apples and cinnamon, along with Greek yogurt and berries, offer gut and liver support.
Zepto founders’ debt; Rapido’s food delivery ride
Happy Monday! Zepto founders are raising funds through structured debt ahead of the company’s IPO. This and more in today’s ETtech Morning Dispatch.
Apple App Store in India facilitated $5.3 billion in developer billings, sales in 2024
The study also found that more than 94% of that commerce accrued solely to developers and businesses of all sizes, without any commission paid to Apple. Further, over the past five years, the global earnings of India-based developers has tripled. This is the first instance where Apple has shared these numbers publicly.
US stock market predictions: S&P 500, Dow Jones Nasdaq look to rise further; All eyes on Apple, Microsoft
S&P 500, Dow Jones, and Nasdaq investors are eyeing to recover from the volatile situation due to Trump tariffs.
'Not just in mountains': PM Modi on noteworthy effort to grow apples in Karnataka; also mentions Kerala's saffron cultivation, litchis in TN
Prime Minister Narendra Modi highlighted agricultural innovations across India, including apple cultivation in Karnataka's plains by Shri Shail Teli, saffron farming in Kerala using Aeroponics, and litchi cultivation in Tamil Nadu by Thiru Veera Arasu. He also mentioned the successful 'Ek Ped Maa Ke Naam' campaign, which led to planting over 140 crore trees across India in the past year.
Apple issues urgent global alert to 1.8 billion iPhone users: Delete this app immediately or risk losing all your banking info
Apple is advising iPhone users to stop using Google's Chrome due to privacy concerns related to tracking cookies, which monitor online activity and potentially expose sensitive data like banking information. Apple promotes Safari as a safer alternative with enhanced privacy features, while other options like Firefox and DuckDuckGo are also available. Google's advertising revenue relies heavily on this data collection.
Warren Buffett’s biggest investment isn’t Apple, BofA or Coca-Cola — it’s a stock hidden in plain sight
Since 2018, Warren Buffett has spent $78 billion on Berkshire share buybacks, more than the cost of his top five publicly traded holdings combined. This sustained repurchase spree reflects Buffett’s deep confidence in Berkshire, even as he paused buying in late 2024 due to valuation concerns.
Apple Warning to iPhone Users: Delete this app over privacy risks. Here’s all we know
Apple has issued a warning to iPhone users, advising them to stop using Google Chrome due to privacy concerns, media reports said. A new video highlights how Chrome tracks user activity. Apple promotes Safari as a safer alternative, while experts agree that Safari offers better privacy protection than Chrome.
Apple plans to ramp up iPhone production in India to accelerate manufacturing shift from China
Apple intends to significantly increase iPhone production in India. This move aims to shift manufacturing away from China. The goal is to mitigate business risks from the Sino-US trade situation. India's iPhone output could rise to 70-80 million by 2026. India may become a key iPhone supplier to the US. Government support will be crucial for this expansion.
Apple’s India pivot; Cloud, AI fuel Alphabet's gain
Apple is seeking to assemble all iPhones sold in the US in India by next year, the Financial Times reported. This and more in today’s ETtech Top 5.
Apple aims to source all US iPhones from India in shift away from China: FT report
In a pivot away from China amid Trump's trade war, Apple is looking to move assembly of all US-sold phones to India. China, where Apple manufactures most of its iPhones, has been hit the heaviest with tariffs by Trump administration. The tech major has been steadily building capacity in India with contract manufacturers Tata Electronics and Foxconn.
Perplexity AI voice assistant comes to iPhones — Here’s what you can do with it
Perplexity AI has launched its voice-activated Perplexity Assistant for iOS, enabling users to perform tasks like playing media, drafting emails, and scheduling meetings on iPhones. The assistant utilises native Apple apps such as Apple Music and Apple Mail for various tasks. While it can't control certain iOS functions due to Apple SDK limitations, it offers a convenient way to manage various tasks hands-free.
Facebook, Instagram, WhatsApp-owner Meta, Apple face multi-million penalties. Details here
Facebook, Instagram, WhatsApp-owner Meta, and Apple are in trouble as European Union regulators have penalized the two magnificent seven companies.
European Union fines Apple 500 million and Meta 200 million in separate digital cases
The commission, which is the EU's executive arm, also fined Meta Platforms 200 million euros because it forced Facebook and Instagram users to choose between seeing personalised ads or paying to avoid them.
EU spokesperson: Apple and Meta fines are 'proportionate'
Apple and Meta Platforms are "proportionate", an EU spokesperson said on Wednesday, reacting to views that they were modest.
Apple fined $570 million and Meta $228 million for breach of EU law
The sanctions follow a year-long investigation by the European Commission, the EU executive, into whether the companies comply with the Digital Markets Act that seeks to allow smaller rivals into markets dominated by the biggest companies. Apple said it would challenge the EU fine.
Redditor claims stolen iPhone resurfaced in Bangladesh, stranger offers courier return. But netizens smell a scam
A Redditor claims his stolen iPhone 15 Pro, snatched in Delhi Metro, mysteriously ended up in Dhaka, Bangladesh. A stranger offered to courier it back, raising hopes—and eyebrows. Netizens suspect a scam, especially after he was asked for his Apple ID and password. The story has sparked debate on trust, tech security, and cross-border cyber cons.
EU says it will enforce digital rules irrespective of CEO and location
The EU is committed to enforcing its Digital Markets Act and other tech regulations regardless of company origin, targeting firms like Apple, Meta, X, and TikTok. EU leaders stress fair enforcement to protect consumers, despite US criticism under Trump. Decisions on Apple and Meta’s potential violations are expected soon.
As smartphone exports skyrocket, some fly under radar
India's smartphone export boom, hitting ?2 lakh cr in FY25, faces scrutiny due to a growing parallel export market. An estimated ?9,000-10,000 cr stems from unofficial exports, with destinations like Russia and Africa. This practice violates brand contracts, particularly Apple's, and involves exploiting incentives and GST loopholes.
Apple iPhones get urgent iOS 18.4.1 update to fix actively exploited security bugs
Apple has announced the release of iOS 18.4.1, which is a security update for iPhones that debuted in 2018 and later. The update includes patches for two vulnerabilities considered to be high severity that were already exploited in some high profile attacks against prominent individuals. While the bugs were not widespread, users are highly recommended to update their devices to remove the potential threat. The update also fixes a CarPlay connectivity issue.
Apple's China smartphone shipments slide 9% in first quarter
Apple's smartphone shipments in China experienced a 9% drop in the first quarter, making it the only major manufacturer to witness a decline. While the overall market grew by 3.3%, Apple's shipments fell to 9.8 million, reducing its market share to 13.7%. Xiaomi, the market leader, saw a significant 40% surge in shipments.
Apple CEO Tim Cook spoke to Commerce Secretary Lutnick over tariffs threatening $2,000 iPhones: Washington Post report
Apple CEO Tim Cook quietly convinced the Trump administration to exempt key electronics from punitive tariffs—shielding iPhones from a price surge. As Trump’s trade war escalated, Cook’s discreet diplomacy with U.S. officials, including Commerce Secretary Howard Lutnick, helped Apple win a rare reprieve. While other companies scrambled and failed, Cook’s measured relationship-building with Trump paid off—again. But the relief may be short-lived. The White House insists the exemptions are temporary. For now, Apple has dodged the blow. But the storm isn’t over.
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