India won’t rule out Apple manufacturing incentives

By

spicesv2
Will 2017 be the year we finally get iPhones that are designed in California, made in India?
Photo: Ste Smith/Cult of Mac

Indian officials are reportedly keeping an “open mind” with regards to Apple’s demands in return for considering producing iPhones in the country.

“We will very much like Apple to come and have a base in India,” Information Technology Minister Ravi Shankar Prasad told reporters earlier today.

.

Apple is hiking up App Store prices in the U.K.

By

Mac App Store
Prepare to pay more for iOS and macOS apps.
Photo: Ste Smith/Cult of Mac

Apple will hike App Store prices for users in the U.K. due to fluctuating exchange rates and taxation changes.

U.K. prices will go up by at least 25 percent within the next seven days, and Turkey, India and other countries can also expect to see increases, Apple said.

.

More evidence that Apple plans to make iPhones in India

By

spicesv2
Designed in California, made in India.
Photo: Ste Smith/Cult of Mac

Apple is reportedly planning to start manufacturing its iPhones in India, and — right on cue — a new report claims that Apple supplier Wistron has applied for fast-tracked approval to expand its factory in the Indian city of Bengaluru.

“Wistron has approached us to expedite certain clearances with regards to the augmentation and expansion of its existing unit,” said a high-ranking regional government official, who declined to be identified.

.

Apple wants Indian government to relax product labelling

By

spicesv2
There is another sticking point in Apple's India expansion.
Photo: Ste Smith/Cult of Mac

Apple has a new demand for the Indian government as it barters about stepping up its investment in the country: getting rid of the detailed product information it is asked to print onto its devices — thereby cluttering its minimalist design.

Apple recently made the request to the country’s Department of Industrial Policy and Promotion (DIPP), which forwarded the message to the Department of Revenue and Department of Electronics and Information Technology (DeITY) for consideration. No response has yet been issued.

.

Apple wants India to make local manufacturing worthwhile

By

spicesv2
Apple wants to move some of its manufacturing to India.
Photo: Ste Smith/Cult of Mac

Apple is continuing to consider manufacturing its devices in India — but it wants the Indian government to make it worthwhile.

That’s according to a new report from the Wall Street Journal, which notes that Apple recently outlined its wish for financial incentives in a letter to officials in India, and that the country’s Senior Trade Ministry authorities have since met to discuss the matter.

.

Apple smashes Samsung in India’s high-end smartphone market

By

spicesv2
Apple is dominating high-end sales in India.
Photo: Ste Smith/Cult of Mac

The iPhone 7 may cost half the average annual salary in India, but that’s not stopping it from trouncing rival Samsung when it comes to premium smartphone marketshare in the country.

While Samsung garnered just 23 percent of the Rs 30,000 and up ($437-plus) market last month, Apple almost tripled this with a 66 percent share of high-end smartphone unit sales. Google’s new Pixel smartphone slid into third place with 10 percent of the market.

.

Apple gets one step closer to iPhones made in India

By

spicesv2
Designed in California, made in India. Maybe.
Photo: Ste Smith/Cult of Mac

Apple has “sought incentives” to set up a manufacturing facility in India, according to a new report.

Apple reportedly made its case to the country’s Department of Revenue and Department of Electronics and Information Technology (DeITY).

.

What to expect from Apple earnings call Q4 2016

By

money
Apple will reveal Q4 2016 earnings on October 25.
Photo: Ste Smith/Cult of Mac

During tomorrow’s Apple earnings call, Tim Cook is likely to unload some bad news. Wall Street expects Apple to report its first annual revenue decline since 2001, snapping one of the most impressive streaks ever witnessed.

Slumping iPhone sales mean Apple’s annual revenue could drop to $215.67 billion for 2016. That would be a significant decline from the $233.72 billion in revenue Apple posted in 2015 — but there may be light at the end of the tunnel.

.

iPhone 7 goes on sale in India, costs half the average annual salary

By

iPhone 7
Would you pay the equivalent of $28,000 for an iPhone?
Photo: Ste Smith/Cult of Mac

The iPhone 7 and iPhone 7 Plus went on sale in India today, as Apple continues to try and grow its brand in the country.

It’s going to be a challenge, though, as Gartner research vice president Mark Hung told CNBC’s “Street Signs” — given that the price for the new handset is more than the average Indian citizen earns in six months.

.