In a shift from its heavy reliance on China, Apple has made substantial investments in India to diversify its production chain. Those investments have already started to reflect substantially in Apple’s annual numbers. Noted analyst Ming-Chi Kuo’s report on Medium revealed that approximately 14% of the iPhone units shipped in 2023 were assembled in India, … [Read more…]
In the highly competitive world of e-commerce and tech giants, Amazon has once again proven its mettle. The company recently reported its third-quarter earnings, surpassing analysts’ expectations and generating significant investor interest in the company. Amazon’s performance comes on the heels of better-than-expected earnings reports from fellow tech giants such as Alphabet and Microsoft. Where … [Read more…]
The recently-ended quarter has seen a strong performance from tech titan Microsoft, if the company’s numbers are any indication. Its results for Q1 FY24 paints a strong picture of the Redmond-headquartered Microsoft, whose strategic investments in AI are clearly paying off. Cloud has been a big driver, even when rival Google Cloud is seeing a … [Read more…]