Apple India’s new country head, Michel Coulomb has some radical plans for the company. Reports claim that he plans to dismantle the current sales strategy set by predecessor Sanjay Kaul to achieve a more ‘organised distribution’ structure for iPhones, iPads and Macs. This essentially means that consumers in India won’t be seeing discounts on Apple products like they’re used to.
With this new strategy, distributors of Apple products in India will be trimmed. Hence, the company will look to maintain the prices of its products since up until now, distributors had the freedom to sell to any retailer, even at lower prices. All these details were shared [...]
OnePlus launched the OnePlus One back in 2014 and has dubbed its smartphones as the “flagship killers” ever since. The company experimented with the OnePlus X but, reverted to launching flagship devices soon after. Recently, the Chinese smartphone maker launched the OnePlus 6, another flagship-grade smartphones at a much more affordable price compared to the Samsung Galaxy S9, Huawei P20 Pro and more.[...]
Popularly known as the ‘The Father Of Android’, Any Rubin created quite a stir when he announced his own venture, Essential. The new smartphone brand was supposed to be the new Google Nexus with stock Android and a premium design. There was a lot of anticipation around the Essential Ph-1, leading up to its launch in August 2017. However, the smartphone did not deliver on its promises and the company has now canned its successor, the Essential Phone 2.
There are reports of Essential actively looking for a buyer. However, the talks of a sale have not moved very far along. But, if a sale does happen, Essential wants to sell everything, its patents, hardware, and [...]
Last week, reports emerged from the Flipkart office that an initial agreement of sale to Walmart had been signed. The world’s largest retail chain, Walmart Inc. has now announced that it has agreed to become the largest shareholder in Flipkart Group. The deal is worth approximately US$ 16 billion and will see Walmart own 77% stake in the Indian e-commerce outlet.
Subject to regulatory approval in India, Walmart will pay approximately $16 billion for an initial stake of approximately 77 percent in Flipkart, formally Flipkart Private Limited.
This announcement has also confirmed another rumour started by a previous report. Walmart announced that investors like Tiger [...]
A couple of days after Facebook’s annual developer’s conference, Instagram has now added a new feature to its app. Without making any big announcement, the photo-sharing platform added an in-app payments feature for a few accounts. The feature lets users add a credit or debit card and a pin. After the initial setup, users can make purchases from within Instagram.
Currently, users are able to book appointments at restaurants, spas through a Resy, a third-party dinner reservation app. With the new feature, users will be able to book services from a limited number of businesses on the platform. In March 2017, the company announced its plans to give business [...]
Launched in September of 2017 for a whopping US$ 999 starting price, the Apple iPhone X had its fair share of doubters. The new design complete with a notch initially did not impress many. The iPhone X also did not have the famed Touch ID and was replaced Apple’s own facial recognition system, now known as Face ID. With so many changes and a record high price, the iPhone X was still the best selling smartphone of Q1 of 2018.
In a new report by Strategy Analytics, Apple sold 16 million units of the iPhone X in the quarter, making it the best selling smartphone. Apple did announce record profits for the quarter and Tim Cook claimed that the Apple iPhone was the [...]
The world’s largest retail chain, Walmart will buy 73% of Flipkart. The deal appears to be imminent as Walmart has prepared to at least US$ 14.6 billion, and as much as US$ 16 billion, in the cash-and-stock buyout of the Indian e-commerce giant. Moreover, Alphabet Inc., the parent company of Google, is said to be ready with a US$ 3 billion investment as well.
According to the report by Factor Daily, one source had valued Flipkart at US$ 20 billion while two other sources said that Walmart had put company’s value at as much as US$ 22 billion. At this price, Walmart will spend more than US$ 16 billion for the acquisition. After meetings went on throughout Thursday, both [...]
Facebook has been embroiled in a huge debate about the internet as a whole. As social media has grown to become such an integral part of our lives, it is no secret that users have given more personal information than needed to various social media platforms over the years. Facebook has been under the cosh for allegedly, not using that information in an ethical manner. Now, it appears that the conversation of privacy has trickled down to Facebook-owned properties, mainly WhatsApp. Co-founder and CEO of WhatsApp, Jan Koum has announced that he will be leaving WhatsApp soon.
It's been almost a decade since Brian and I started WhatsApp, and it's been an [...]
2017 was a great year for smartphone enthusiasts. We saw thin bezels and tall displays become a norm and new smartphone designs like the iPhone X with a notch. However, that innovation in smartphones did not translate into desired sales as global mobile profits decreased by 1% year-on-year in Q4 of 2017. For Apple, though, it was not a gloomy year by any means. The Apple iPhone X alone generated 35% of the total mobile industry profit as Apple grew by 1% year-on-year in Q4 of 2017.
According to the latest report by Counterpoint Research, Apple remained the most profitable premium smartphone brand, capturing about 86% of the total [...]
The priciest iPhone ever, the iPhone X was well-received all over the world. In 2018, Apple will repeat the trifecta by launching three new iPhones. The design of the iPhones will be identical to the iPhone X. This means that the iPhone SE 2 will be the only new iPhone to feature Touch ID. But, that won’t stop the company from reaching 10 million iPhone users in India.
In 2017, there were 8.9 million iPhone users in India. With the launch of three of new iPhones and a price drop of some famous iPhones like the iPhone 7 and 7 Plus, this number will increase a lot more. A report by CyberMedia Research claims that Apple will reach [...]
Vodafone India Plc and Idea Cellular India have announced the completion of the merger. Post the merger, the top-level management will see a shakeup and the two telcos will join hands to take on the rising popularity of Reliance Jio. Mr Kumar Mangalam Birla will be the Non-Executive Chairman of the merged Company. The new CEO will be Balesh Sharma, the current Vodafone COO.
Vodafone Group Chief Executive, Vittorio Colao, and Aditya Birla Group Chairman, Kumar Mangalam Birla have said:
We are pleased to announce the proposed management team for the new company to be created through the merger of Vodafone India and Idea. The team has extensive operational experience and [...]