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ZODIAC

Found 6 results

  1. Last week, Apple crossed the US$ 1 trillion mark in terms of market capitalization, becoming the first publicly traded American company to reach this milestone. While oil and natural minerals have always been the most-sought commodity since mankind's inception, none of these industries have ever recorded a trade this huge. Apple is immensely popular today, its mobile operating system, iOS, has a market share of almost 19 per cent worldwide. Unlike Google's Android, iOS only runs on iPhones, and Apple releases just a couple of them every year. While it may not be dominating the personal computer and laptop segment in terms of market share, it sure has a majority chunk of the premium sales. MacBooks have been the go-to choice for users around the globe, and just like iOS, officially, only MacBooks runs on MacOS. © Apple Post Apple recently has also taken over the smartwatch market by storm, making a huge dent in the sales of well-established brands like Fitbit and Jawbone. This company has a history of releasing very few products but selling an unimaginable quantity of it. But, did you know Apple was near bankruptcy in 1997? Its computers just weren't selling and had to take an investment from Microsoft to survive. © Reuters In 1997, Steve Jobs was brought back to Apple after the acquisition of Next Computers. Back then, the company had just 90 days of operational funds left and had cut a third of its workforce. Jobs immediately secured a US$ 150 million investment from Microsoft and got an assurance from Bill Gates that Microsoft would support its Office products for the Mac for five years. © Apple / Wikipedia In return, Apple dropped a major lawsuit against Microsoft alleging copy of user interface and experience of the MacOS for Windows. A year later in 1998, Apple launched the iMac G3, which was an all-in-one desktop computer that was designed for domestic consumption. It was a staggering hit, and Apple was back in business. The iMac was a hit because competing products from IBM, HP and others were too bulky and complicated to use. The iMac was just a single unit product, looked well designed and had a first of its kind OS. In the coming few years, Apple invested heavily in the mobile audio industry. The iPod was released in 2001, back then mobile audio players were very bulky, required a cassette or CD and the Walkman was still trending. Apple completely digitized the record industry by launching iTunes in 2003. Since the first generation iPod, the company continued releasing newer and improved variants like the Mini, Nano, Shuffle, and Touch. In 2007, Apple announced it had sold its one-hundred millionth iPod. In the same year, Apple announced the iPhone. Just like the iPod, the iPhone was revolutionary and made for the young audience. While competitors were making the chunky BlackBerry and Nokia, Apple was selling a sleek touch-enabled phone. © Apple Since 2007, iPhone sales have steadily increased worldwide and while competitors like BlackBerry, Nokia, and Motorola are nowhere to be seen today, Apple rules the premium smartphone industry. One thing that has always remained constant in all Apple products is compatibility. User experience and the ease of sync between every product line, has been the core reason why people have bought more and more Apple products. While many consider this to be a drawback, Apple's bubble ultimately provides more value to the user in the longer run. © Apple While Apple has majorly built its empire on B2C (business to consumer) selling, it has made sure that its offering is unmatchable by competition in terms of end value, quality, and experience.
  2. WhatsApp has announced the launch of its first revenue-generating channel and it's not as simple as just serving ads. The instant messenger was acquired by Facebook, and since then it was always expected that ads will be coming to the app sometime in future. For now, a WhatsApp spokesperson has confirmed TechCrunch that the chat app is planning to run ads inside the Status tab of the app. The ads will be powered by Facebook's native advertising system and will "help familiarise users with business" on WhatsApp. Starting from 2019, WhatsApp will start showing ads in the Status tab. © Reuters Currently, Facebook is also using the same technique on Instagram to push ads. While they are natively shown in the feed as well as stories, when it comes to WhatsApp, there are concerns surrounding the use of chat history for ad targeting. Thankfully, WhatsApp has firmly always said that all chat content is encrypted and cannot be viewed by the company itself. On the other hand, the company is also launching new Business APIs that will let businesses respond to messages from users for free for up to 24 hours. After the 24 hour period, companies will be charged for sending messages to the users. © WhatsApp What this means is, you can soon expect companies to start contacting you via WhatsApp Messenger instead of normal text SMS. BookMyShow has been running a pilot for quite a few months in India wherein it sends the booked ticket details over WhatsApp. In the same way, even Myntra has been trying to send out order confirmations and updates via the instant messenger. According to the company, there is a fixed rate per country for messages delivered via WhatsApp and that price vary significantly per country: “In general, the range for these messages is roughly half of $0.01 to $0.09 per message delivered.” © Reuters WhatsApp has been free to use since its inception, while the company did charge a nominal fee in the early stage, it soon stopped the subscription model and has been completely free to use since then. The app has 2.23 billion active users worldwide and is the top instant messaging choice for everyone. Source: TechCrunch
  3. Apple has officially become the world's first trillion-dollar company as a rise in its share price made it all possible. Apple was able to beat its closest rival i.e. Amazon as Apple's share price reached $207.05. (c) Reuters The company sells everything - from the iPhone to services that was co-founded by the late Steve Jobs in 1976. The feat was accomplished a day after Apple published the company's financial results. Apple's share price has grown by 2,000% since Tim Cook replaced Jobs as the chief executive seven years ago. The company has been able to hit $1 trillion in total value 42 years after it was founded. The company managed to rake in profits of $11.5 billion in three months with a record sales of $53.3 billion in revenue. To put things into perspective, Apple generated less than $20 billion in sales before the first iPhone launched in 2006. (c) MensXP Apple could, however, lose its top position to other tech companies like Alphabet (Google) or Amazon if the company is unable to introduce a groundbreaking product or service this year. Companies don't necessarily have the same number of shares over time as they frequently buy back some of its own shares to boost up the stock price. This, in turn, reduces the number of outstanding shares which generally increases the value of each share. For now, Apple is the world's first publicly traded trillion dollar company and we can only wait to see if the company can maintain this momentum or get overtaken by one of its competitors.
  4. A few days back, Amazon kicked off its annual sale across the globe, Prime Day. The sale surpassed all prior sales records in the e-commerce giant's history, including every Black Friday and Cyber Monday. Prime users worldwide ordered more than 100 million products during the sale in a span of just 36 hours. To top it off, the most sold products were Amazon's own Echo Dot speaker and Fire TV Stick. © Reuters Amazon's stock has climbed steadily and reached a record high of US$1,858.88. The company's market cap has now exceeded US$ 900 billion, trailing behind Apple. Apple is currently the largest company in Wall Street with a market cap of almost US$ 950 billion. The calculations for Apple and Amazon's market capitalizations are based on the number of shares outstanding in their March-quarter reports. The increase in stock price has also made its founder and CEO Jeff Bezos the richest man on the planet in modern history. His net worth is now valued at a whopping US$ 150 billion. Jeff Bezos is followed by Microsoft founder Bill Gates, who is a distant second with a net worth of US$ 93.5 billion, followed by Warren Buffet at US$ 83 billion. © Reuters Bezos currently has a 16 percent stake in the company and also heads another company, Blue Origin. Amazon's business isn't just about online shopping now, the company has rapidly expanded into streaming via its Prime subscription model and is slowly rolling out hardware products as well. Alexa is a smart assistant powering the Echo speakers and is available on smartphones as well. AWS (Amazon Web Services) is another business that has been booming since the last few years. The division provides large scale servers for enterprise level requirements and is likely to grow 45 percent a year through 2020. © BCCL Amazon has also been undertaking large-scale acquisitions including Whole Foods for US$ 13.7 billion, Twitch, Goodreads, IMDB, and Zappos. Bezos too has a wide portfolio of investments in other companies like Twitter, Airbnb and Stack Overflow. Amazon, video streaming service Netflix and a handful of heavyweight technology companies have been rallying their stocks in the last few years. In May, information technology stocks contributed 76.5 percent of the S&P 500 return, according to S&P Global. Source: Reuters
  5. Smartphone companies have always been battling amongst each other to innovate or create a product that may sway customers towards them. Some companies rely on offering competitive prices while others try to innovate. Innovation as a word is thrown around by presenters and company representatives, however, only a few are able to achieve that. Apple innovated with the introduction of Face ID while other companies simply copied the concept. © BCCL Having said that, there's a new player in town that is making waves more than any other smartphone company in the world. It could be argued whether this company is innovative or not, however, there is one thing for certain — creative. BBK electronics, the holding company behind companies like Oppo, VIVO, and OnePlus have been selling smartphones like hot cakes in India and China. The company shipped 39 million devices in 2016 alone, and is now looking to disrupt the smartphone market with clever features and creativity. How the in-display sensor works on the #vivox21. Been playing with the phone for a week and I'm surprised to see this new technology already in mass production. The phone is the first of its kind and will be available to buy from 29th May #vivox21 #smartphones #gadgets A post shared by Akshay Bhalla / Høax (@editorinchief) on May 29, 2018 at 1:39am PDT BBK electronics has managed to launch an under the display fingerprint sensor on its VIVO branded smartphones while being creative to solve common smartphone problems. In the age of full view displays, smartphones companies have found it very difficult to launch a product that is truly bezel-less. Apple launched the iPhone X with a notch while others simply copied the concept. © BCCL Oppo and Vivo managed to creatively tackle this issue with a creative idea. Smartphones were unable to achieve a truly bezel-less display, simply because companies could not figure out where to stick the selfie camera. Some tried to place it at the bottom while others just adopted the notch. Both Oppo and Vivo managed to hide the selfie camera in a very creative manner. The concept isn't new, but BBK electronics managed to hide the selfie camera by using mechanical moving parts. © YouTube Both companies i.e. VIVO and OPPO have showcased the 'NEX' and 'Find X' where both smartphones were able to achieve a full view display without any bezels. This was possible because of the selfie camera that would pop-out whenever needed. The Vivo NEX and Oppo 'Find X' both have Full View displays, no visible selfie camera, no notch and a near-non-existent top bezel. That's more than what Samsung and Apple can say about their products. What's impressive is that BBK electronics has managed to mass produce these concepts in no time and is already making its way to the Indian smartphone market. Sure it can be argued that Apple's Face ID is nearly perfect and doesn't require a feature like this on iPhones, however, we can confidently say that the competition is being damn creative.
  6. Islam has served as the chairman of the Saaf Pani Company, and is accused of having awarded contracts for 84 water treatment plants at a higher price-Photo: FileLAHORE: An accountability court on Monday extended the remand by 14 days of Pakistan...
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