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Apple Supplier Murata Anticipates 5G Phones To Top 500 Million

PYMNTS

The largest manufacturer of ceramic capacitors for Apple and other smartphone makers, Murata Manufacturing Co., We will continue making capital expenditure to keep up with the growing demand.”. Apple, Samsung Electronics Co. and Chinese rivals Xiaomi Corp., sanctions.

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Apple Is First US Company To Reach $1.5T Market Cap

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On Wednesday (June 10), Apple stock climbed 2 percent to $352 a share, making the tech giant the first U.S. trillion market capitalization, 9to5Mac reported. . Last week, Apple inched closer to the all-time high market cap when its stock sold at $326 a share. Apple’s valuation can approach the $1.5 company to reach a $1.52

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Influential Apple Analyst: iPhone Demand Lower Than Expectations

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Apple took a hit late last week after Ming-Chi Kuo, the closely followed Apple analyst at TF International Securities, warned that demand for Apple’s iPhones is much lower than expected. Kuo’s report sent shares of Apple lower and is worrisome given his close relationship to a supplier.

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India’s Tata Capital Introduces App For Commercial Loan Clients

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Mumbai-based Tata Capital , a division of Tata Group, is rolling out a mobile app to make it easier for its business loan customers to manage their accounts. Tata Capital is deeply invested in providing easy access of credit to merchants and dealers through its Channel Finance and Term Loan products.

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Apple Boosts iPhone 11 Production

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Increased demand for iPhone 11 has prompted Apple to step production by about 10 percent, Nikkei Asian Review reported on Friday (Oct. Previously, Apple was quite conservative about placing orders”, which were less than for last year’s new iPhone, a source told Nikkei. It also raised Apple’s target price. Demand is good for now.

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Alphabet Surpasses Apple In Financial Reserves

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Google’s parent company Alphabet has surpassed Apple as the company with the biggest cash reserves in the world, according to a report by the Financial Times. The move comes as Apple has made a conscious decision to let go of some of its cash reserves, and about six years after activist investor Carl Icahn pressured the company to do so.

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Apple AR Headset Planned For 2022; Smart Glasses Held Up Until 2023

PYMNTS

Apple is said to be planning a launch of augmented reality (AR) headsets in 2022, and a year later, introduce smart glasses with the same technology, The Information reported on Monday (Nov. The product timetables run counter to recent analyst and media reports that said an Apple AR device could arrive as early as next year.

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