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Apple Results Hit by Supply Chain Woes, CEO Tim Cook Says Holiday Quarter Impact Will Be Worse

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4 years ago

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Apple Results Hit by Supply Chain Woes, CEO Tim Cook Says Holiday Quarter Impact Will Be Worse

Supply chain issues caused Apple to lose US$6 billion (approximately Rs 448.9 billion) in sales in the fourth fiscal quarter, which was lower than Wall Street’s expectations. CEO Tim Cook said that in the current holiday sales quarter, the impact will be more serious. Cook told Reuters on Thursday that “supply restrictions were greater than expected” for the quarter ended September 25, as well as the pandemic-related manufacturing disruption in Southeast Asia.

Cook said that although Apple saw “significant improvement” in these Southeast Asian factories in late October, chip shortages persist and are now affecting “most of our products.” Cook said: “We are doing everything we can to get more (chips) and everything we can do in operations to make sure we move as fast as possible.” Cook said the company expects to achieve year-on-year growth in the quarter ending in December.

Analysts expect an increase of 7.4% to reach 119.7 billion U.S. dollars (approximately 895.4 billion rupees). “We expect demand to grow very steadily year by year. But we also predict that the demand gap will exceed $6 billion,” Cook said. The Cupertino, California-based company has gained nearly 15% this year, and its shares fell 3.4% in after-hours trading on Thursday. After Microsoft’s stock price rose due to the strong cloud computing business, the decline may make Microsoft the world’s most valuable company. Apple’s fourth-quarter results were mixed, and it was seen as a quiet period before the year-end high sales holiday.

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Apple said that its fourth-quarter revenue and profit were US$83.4 billion (approximately Rs 6,237.39 billion) and US$1.24 (approximately Rs 9.2 billion) per share, while analysts estimated that it was US$84.8 billion (approximately Rs 6,3424.1 billion). ) And according to Refinitiv’s IBES data, $1.24 per share. As a result, during the COVID-19 pandemic, the fiscal year of higher-than-expected sales driven by strong sales of iPhone 12 models and Mac computers and iPads for working and studying at home ended in a difficult way.

Apple told investors in July that chip restrictions will begin to affect its iPhone and iPad product lines for the first time in the fourth quarter. Shortly after retailer Amazon predicted that sales in the holiday quarter were well below Wall Street expectations, Apple announced its results, partly due to labor shortages and global supply chain issues.

Apple “managed to solve these problems well, but did not escape unscathed. The prolonged duration of these problems will cause trouble, especially because the market is ruthless about Apple’s performance,” Sophie Lund-Yates said. . Analyst at Hargreaves Lansdown.

News Source : Gadgets 360

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YouTube

YouTube marks 20th anniversary by launching new useful features What’s new

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2 months ago

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April 24, 2025

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YouTube marks 20th anniversary by launching new useful features What’s new

YouTube has celebrated its 20th anniversary with several new features, including functional upgrades and new features for YouTube TV. The platform has introduced personalised radio stations via Ask Music, which is available to YouTube Premium and YouTube Music users on both iOS and Android devices. Additionally, YouTube is rolling out the ability to fast-forward.

YouTube TV members will gain the ability to build their own multiview experiences, starting with a selection of non-sports content from a small group of popular channels. The platform is introducing improved navigation, better playback quality, and easier access to features such as comments, channel information, and more through videos at 4x speed, providing more.

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  1. Delete Unnecessary Emails: Regularly clearing unwanted emails helps maintain storage. Open Gmail in your browser or mobile device, go to your Inbox, Social, or Spam folder, filter messages, select emails to delete or check the box to select all emails in the folder, and click the “Delete” button. The emails will be moved to the Trash folder Empty Your Spam and Trash Folders: If deleted emails remain in your Trash.
  2. Unsubscribe from Unwanted Emails: Open a promotional email and click “Unsubscribe” at the bottom of the email to reduce future accumulation April 2025 — YouTube, the world’s largest video-sharing platform, is celebrating its 20th anniversary with the launch of several innovative features aimed at enhancing user experience, empowering creators, and embracing the future of digital content.

  3. 1. AI-Powered Video Summaries
    One of the most anticipated features is AI-generated video summaries, which will now appear below eligible videos. This allows viewers to preview content quickly and decide whether to watch the full video. The summaries are automatically created using advanced natural language processing and are designed to boost discoverability and engagement.

  4. 2. “Jump Ahead” Smart Chapters
    YouTube is introducing smart chapters with “Jump Ahead” capabilities, allowing viewers to skip to the most engaging parts of videos based on audience retention data. The feature leverages machine learning to identify sections that retain viewers the most and gives users a prompt to “Jump Ahead” with a single tap.

  5. 3. Creator Insights Dashboard Upgrade
    For content creators, YouTube has upgraded its Creator Studio Dashboard with enhanced real-time analytics, audience mood tracking, and AI-suggested titles and tags. The platform’s algorithms now offer dynamic suggestions for improving performance, personalized for each creator’s channel and content style.

  6. 4. YouTube Create App Expansion
    Following positive feedback from beta users, YouTube is officially rolling out the YouTube Create app in over 30 new countries. This free mobile video editing tool includes features like auto-captions, royalty-free music, filters, and multi-clip editing — giving creators more control without the need for expensive software.

  7. 5. Enhanced Live Shopping Tools
    With e-commerce booming, YouTube is expanding its Live Shopping tools, allowing creators to tag mini-social network within the platform. These tools are products, integrate affiliate links, and host shoppable livestreams with real-time viewer interaction. The new update supports multi-vendor support, making collaborations with brands smoother and more profitable.

  8. 6. Smart TV Upgrades
    YouTube is giving its TV interface a refresh, introducing a sleeker design with quicker access to playlists, subscriptions, and smart recommendations. A new “Ambient Mode interactive content suggestions and previews when the app is idle, turning the TV into a dynamic home hub for entertainment.

  9. 7. Community Tab Enhancements
    To improve engagement, YouTube is enhancing its Community Tab with interactive stickers, polls, countdowns, and quizzes — turning it into a mini-social network within the platform. These tools are aimed at helping creators keep their audience involved even between video uploads.
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

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