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News on Medial
Apple to announce AI wall tablet as soon as March: report
Economic Times
·
8m ago
Medial
Apple is reportedly working on a wall-mounted display called J490 that can control appliances, engage in video conferencing, and use artificial intelligence to navigate apps. The product, expected to be announced in March, will showcase Apple Intelligence, a new AI platform. While the display-only device is speculated to be priced lower, the higher-end version could cost around $1,000 depending on the components. With this release, Apple aims to rival Google's Nest Hub and Amazon's Echo Show and Echo Hub in the smart home market.
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Related News
Apple leads India tablet PC market with 25% share in 2023
Economic Times
·
1y ago
Medial
According to a report by CyberMedia Research, Apple dominated the India tablet PC market in 2023, holding a 25% market share. Samsung followed at the second spot with a 23% market share. Apple's tablet shipments declined by 17% YoY, while Samsung's grew by 36%. The report also highlighted the rising demand for diverse tablet options in India, including premium and 5G tablets. The market is expected to grow by 5-10% in 2024 due to technological advancements and evolving consumer preferences.
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Apple delays HomePod with display to late 2025, analyst suggests
Livemint
·
8m ago
Medial
Apple is reportedly planning to launch a new HomePod with a touchscreen display, signaling a shift in the company's smart home strategy. The device, which is expected to feature advanced specifications including an A18 chip, is slated for production in late 2025. It will serve as a comprehensive smart home hub, integrating with other smart home systems through Apple's HomeKit technology. Apple is also exploring other smart home products such as a wall-mounted tablet, television set, and smart home camera. The company is said to be focusing on privacy and security features, including identity authentication solutions.
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Nvidia’s coming year will be a turbulent one
Livemint
·
8m ago
Medial
Nvidia's growth has led to the company becoming a market leader in the AI and stock market industries. Its fiscal third-quarter report showed sales crossing $100 billion for the first time ever, with a market capitalization surpassing that of Apple. However, fully living up to expectations may be a challenge, as the stock slipped in after-hours trading despite beating Wall Street's targets. With potential challenges such as supply constraints and tariffs, as well as uncertainty regarding its upcoming Blackwell family of AI systems, Nvidia's future growth remains uncertain.
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Apple’s AI moment is still a ways off
Livemint
·
6m ago
Medial
Apple's fiscal first-quarter report revealed a slight decline in iPhone revenue, missing Wall Street predictions. Despite launching iPhone 16 with AI tools, it failed to energize consumer interest. Users are retaining their iPhones longer due to high prices, impacting upgrades. Apple's AI initiatives, while promising, require users to adopt new devices which hasn't happened yet. Investors remain optimistic, hoping for growth with future models, and Apple shares have risen despite these challenges.
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Apple dominates Indian tablet market in 2023 with 25% market share
Economic Times
·
1y ago
Medial
According to data from CyberMedia Research (CMR), Apple emerged as the leading brand in the Indian tablet market in 2023 with a 25% market share, followed closely by Samsung with a 23% share. Although the overall tablet market witnessed a 14% decline in shipments, 5G tablet shipments increased by 48% indicating a shift in consumer preferences towards 5G-enabled devices. Apple's tablet shipments declined by 17% YoY, while Samsung experienced a remarkable 36% YoY growth. The market is expected to sustain a steady 5-10% growth in 2024 driven by technological advancements and evolving consumer preferences.
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Can Apple's iPhones pass the AI test?
Economic Times
·
11m ago
Medial
Apple is set to release a suite of iPhones featuring new software capabilities called Apple Intelligence. This move marks Apple's entry into the AI market, aiming to rejuvenate iPhone sales as consumers hold onto their devices for longer periods. The new iPhones will include features such as improved cameras and faster processors. Wall Street analysts predict that these upgrades, coupled with AI capabilities, could result in record-breaking iPhone sales for Apple. However, industry-wide concerns regarding the practicality and security of AI technology still persist.
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Apple leads the tablet market as worldwide shipments hit their lowest in over a decade
Startup News FYI
·
1y ago
Medial
Global tablet shipments experienced a significant decline of 17.4% YoY in Q4 2023, bringing the total to 36.8 million units. The decline marks the largest Q4 decline since 2016, with overall tablet shipments totaling 128.5 million units in 2023, a decline of 20.5% compared to the previous year. Apple maintained its leading position in the tablet market, while Samsung followed closely in second place. Xiaomi and Huawei demonstrated solid growth rates, while challenges in the tablet market are expected to persist in 2024.
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Apple set for biggest revenue jump in two years
Economic Times
·
9m ago
Medial
Apple is set to report its biggest quarterly revenue increase in two years, buoyed by strong iPhone demand, particularly in China. The spotlight will be on the company's commentary regarding its fiscal first quarter, particularly with regards to the success of the iPhone 16 series and Apple Intelligence. Investors are concerned that the slow rollout of Apple Intelligence could delay a highly anticipated sales boost. Despite competition from Huawei and other domestic players in key markets like Europe and China, Apple is expected to announce a 3.8% increase in iPhone sales for the quarter.
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Apple will reportedly open up its local AI models to third-party apps
The Verge
·
2m ago
Medial
Apple plans to open its local AI models to third-party developers, enhancing app integration through a forthcoming software development kit (SDK). This move resembles Google’s AI API offerings and allows developers to incorporate AI features like writing tools into their apps, albeit only accessing smaller, on-device models initially. Apple is expected to announce this initiative at the Worldwide Developers Conference (WWDC), alongside significant updates for iOS, macOS, and iPadOS.
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Big Tech's "Magnificent Seven" heads into earnings season reeling from Trump turbulence
Economic Times
·
3m ago
Medial
Big Tech companies are entering the quarterly earnings season amid turmoil from President Trump's policies. The Magnificent Seven—Apple, Microsoft, Nvidia, Amazon, Tesla, Google (Alphabet), and Meta—have experienced a combined market value drop of $3.8 trillion since Trump's inauguration. His tariffs and antitrust actions have created uncertainty, impacting supply chains and investments. As they report earnings, these companies will address challenges, with Tesla, Google, Amazon, Meta, Microsoft, Apple, and Nvidia set to make announcements soon.
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