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Foxconn reports 56 percent profit shortfall for Q1 2023, offers modest financial expectations for the year

The numbers aren’t where Foxconn, Apple’s primary supplier, would like them to be. Foxconn recently reported a 56 percent decline for its first-quarter net profit, a number that represented its largest quarterly decline in three years, the company falling far short of forecasts. During the January-March quarter, Foxconn disclosed a decline in net profit to […]

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iPhone production halved at COVID-hit Foxconn plant in India

This may slow down the next-gen iPhone’s arrival. A COVID-hit Foxconn plant in India has resulted in next-gen iPhone production being halved at the facility, as the nation struggles to cope with the severe spread of the infection. More than 100 Foxconn employees at the plant have tested positive, and no staff are allowed to […]

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In-cabin notebook ban may soon apply to flights from Europe to U.S.

The Department of Homeland Security may be expanding its notebook ban, forbidding notebooks in the cabins of all flights from Europe to the United States. News of the expanded ban, which could be announced as soon as Thursday, came from European security officials. Passengers flying from Europe to the United States may need to store […]

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Apple launches Spoken Editions section of iTunes, provides narrated content from dozens of publishers

If you love audiobooks, this could be nifty. On Monday, Apple announced its new “Spoken Editions” section of iTunes, which will feature narrated content from a number of online publishers in the form of audio-only podcasts. These Spoken Editions are available both in the iTunes storefront, as well as in Apple’s Podcasts app, for easy […]