Analysts said Apple must make its own smartphone trade-in program to boost its sales. According to Apple Insider, Apple's CEO Tim Cook is currently considering the possibility of adopting the trade-in program of AT&T and T-Mobile.
Sectors
Dish, Charter's decline in customers fuel speculation on pay-TV merger
The customer losses of Dish and Charter fueled rumors regarding the possible merger of pay-TV companies.
DrillMap closes Series A funding with USD 6.5 million
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
Xiaomi overtakes Apple's market share in China
Xiaomi Tech has overtaken Apple's market share in China with 0.2% lead. Xiaomi Tech, a Chinese smartphone manufacturer, has already surpassed Apple's market share in China.
Apple needs to focus on growing markets like China, India - analyst
According to analysts, Apple should focus on the growing smartphone markets like China and India. Canalys, a research firm, said China and India were important countries that Apple needs to focus in terms of growth in the smartphone market.
Latest News
The South Korean company's new chips would result to smartphones with 384GB of storage capacity.
Budapest-based Organica water closed its Series B financing round successfully. Budapest-based Organica water closed its Series B financing round successfully.
Global web services company AOL Inc announced that it would be purchasing Adap.tv for USD 405 million.
Disney reported increase in the company's third quarter earnings due to media networks, parks and resorts' stronger performance.
NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.
Private equity firm Actis announced its acquisition of Paycorp, a South-African payments business for USD 95 million.
Walt Disney Co said it expects to record a loss of up to US$190 million for its summer movie, 'The Lone Ranger.
Sources told Reuters that last-minute talks held by German real estate company IVG with creditors could make its debt restructuring deal a possibility.
KTB Asset Management Co announced the successful sale of its Seoul property, the Twin Tree Towers, to IGIS Asset Management Co.
