Apple Stock News: Upcoming 5G and Wi-Fi Chips
Apple Stock News: Apple analyst Ming-Chi Kuo announced that at least one iPhone 17 model coming next year will feature an Apple-designed Wi-Fi 7 chip. There have also been rumors that the company is developing its own in-house 5G chip. According to Kuo, Apple’s 5G and Wi-Fi chips will be released separately and used in devices starting in the second half of 2025. The iPhone SE 4, expected in March, will have an Apple 5G modem but Wi-Fi chips from Broadcom.
Vision Pro Launching in Two More Countries
Apple’s marketing chief Greg Joswiak announced that Vision Pro will be available in South Korea and UAE on November 15th. Pre-orders in South Korea start on November 4th, while in UAE they begin on the same day. Customers in South Korea can book a device demonstration at local Apple Stores. Initially released in the US in February at $3,499, Vision Pro is now available in 12 countries and regions. Apple CEO Tim Cook acknowledged that due to its high price, Vision Pro isn’t a mass-market product.
Export From India
India’s iPhone exports grew by 33%, reaching almost $6 billion in the first six months of the current financial year, putting Apple on track to exceed its $10 billion export target by fiscal 2024. This growth is driven by Apple’s expanded manufacturing operations in India, involving partners like Foxconn, Pegatron, and Tata Electronics. Smartphones have become India’s top export item to the US, hitting $2.88 billion in the initial five months of the financial year. Apple has further strengthened its presence in India by opening retail stores and commencing iPhone 15 Pro production in the country.
