Apple reports its latest quarterly earnings with analysts expecting around 20% growth in iPhone revenue, a signal that demand for its flagship device remains strong. The results arrive as a notable backdrop shapes the moment: CEO Tim Cook has announced his exit, making this one of the first earnings reports under that shadow of leadership transition. iPhone sales drive the bulk of Apple's revenue, so a 20% jump would reinforce the product line's dominance and give investors some confidence heading into any handover period. The key thing to watch is whether management offers guidance on what comes next, both for the product lineup and for how Apple plans to handle the leadership shift. Any commentary on AI features, services growth, or supply chain stability could move the stock. A strong print here would reduce near-term uncertainty around the transition and keep pressure off Apple's valuation.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
