Latest news with #AppleiPhone17
Hindustan Times
17-05-2025
- Business
- Hindustan Times
Walmart confirms price hikes as tariffs hit imports: Here's which items can affect your pocket this summer
Walmart declared during its quarterly earnings call on Thursday that it will be increasing prices at its locations as a result of the high import duties. 'Given the magnitude of the tariffs, even at the reduced levels announced this week, we aren't able to absorb all the pressure,' Stephanie Schiller Wissink, Walmart's senior vice president, told investors on the call. Prices at Walmart stores across the country and online are expected to increase commencing from late May or early June, however it's yet uncertain how much of a price increase to anticipate. While tariffs have increased the cost of everything from autos to baby supplies, Walmart has thus far remained relatively immune to the effects of the trade war because a large portion of its items are sourced from the US. After the retail behemoth revealed that its products would become more costly, Trump tweeted on Saturday that Walmart should stop 'trying to blame tariffs.' Taking to Truth Social, Trump wrote that 'Between Walmart and China they should, as is said 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I'll be watching, and so will your customers!' Also Read: Walmart hit by four food recalls in two months: Which products are affected? In a CNBC interview, Walmart's Chief Financial Officer John David Rainey said: 'There are certain items, certain categories of merchandise that we're dependent upon to import from other countries and the prices of those things are likely going to go up, and that's not good for consumers.' Other retailers announced price increases as well. Birkenstock (BIRK.N), a German sandal manufacturer, disclosed intentions to hike prices worldwide on Thursday in order to fully mitigate the financial effect of the 10% U.S. duty on items made in the European Union. Walmart's CEO Doug McMillon on Thursday noted that the retailer imports food commodities like coffee, avocados, bananas, and roses from nations like Colombia, Peru, and Costa Rica, making cost adjustments more difficult. Moreover, consumers are most likely to see the effects while purchasing toys and electronics, which are primarily imported from China, according to the company. 'Well, maybe the children will have two dolls instead of 30 dolls, you know? And maybe the two dolls will cost a couple of bucks more than they would normally,' Trump said as he acknowledged the possible effects of tariffs on toys. Price increases for products used in gaming should also be significant. Experts predict that Nintendo's Switch 2, which was originally priced at $450, may wind up costing about $600. The cost of childcare supplies including formula, strollers, clothing, and car seats may also increase. About 90% of babies and children's equipment is made solely in China, according to industry experts, and this percentage isn't going to alter anytime soon. Daniel Morgan, senior portfolio manager at investment firm Synovus, stated even an Apple iPhone 17 might cost over $1,000 instead of $799, as per CNN.
Phone Arena
05-05-2025
- Business
- Phone Arena
Apple needs to provide better value if it wants to make the iPhone more expensive
The iPhone 16 was mostly sourced from China. | Video credit — Apple iPhone 17 iPhone 16 Apple Intelligence iPhone 17 On that front there is some good news: Apple wants to upgrade every iPhone 17 model to 12 GB of RAM. However, ongoing supply chain shortages have Apple CEO Tim Cook extremely anxious and the company might be forced to equip the base modelwith 8 GB of other than just RAM the iPhone itself has arguably stagnated in innovation. Consumers can buy cheaper phones — especially from Chinese manufacturers — that already come with powerful AI features, larger batteries and faster charging. Apple Intelligence was the biggest selling point for theand it still remains AI features on the Galaxy S25 series are leagues ahead of, partly due to being powered by Google's Gemini. Xiaomi phones also provide AI features that are comparable to Samsung's offerings and, as such, better than Apple's AI tools. Oppo, Vivo and Xiaomi phones are also much faster at charging and come with higher capacity batteries.I think that the MacBook is still in a league of its own and is safe for now but the iPhone definitely needs more innovation than just a new camera control button. Theseries is reportedly getting a new look and a new model too: the iPhone 17 Air . But whether this will be enough to justify the inevitable price increases remains to be seen.
What's On
23-04-2025
- Automotive
- What's On
5 AI-powered systems coming to Dubai that will change the way we live
AI Week is here and the future is now… AI Week in Dubai is in full swing, and this week is all about exploring the future of AI and AI-powered living, and dedicated to driving global AI innovation. Here are five AI-powered systems that may soon be a normal part of our lives. Driverless taxis Driverless taxis have been on the horizon for a few years now. In 2021, an agreement was signed between the Road and Transport Authority (RTA) and Cruise, a leading US-based autonomous vehicle company to operate self-driving taxis and ride-hailing services in the emirate. These self-driving vehicles are expected to significantly improve road safety levels, as over 90 per cent of accidents are due to human errors. The vehicles are all-electric, environmentally friendly, and capable of serving a wide range of clients from different community segments, including seniors and people of determination. AI-powered traffic signals This next-generation traffic signal control system (UTC-UX Fusion), incorporating artificial intelligence (AI), predictive analytics, and digital twin technologies. Features of the new system will include predictive traffic analysis to optimise signal timings in anticipation of expected traffic movements, digital twin technology, priority-based traffic management and greater efficiency. The project aims to improve travel time and reduce congestion by 10 to 20 per cent. The estimated time of implementation is the first-half of 2026. Cloud seeding You might also like Everything we know: The Apple iPhone 17 and iPhone 17 Air in the UAE Cloud seeding has been a thing in Dubai for a long time now, more and more in recent years as the volume of rain has gone up. The 7th International Rain Enhancement Forum (IREF) this past January saw a discussion on the use of AI in the cloud seeding process, and it could very much be a reality. During the discussion, weather experts explored AI's potential to enhance both the forecasting of weather patterns and intervening in climatic conditions; as well as its role in predictive algorithm building and high-resolution cloud-scale modelling. Read more here. Paying with your palm at Metro stations We could be paying with our palms at Metro gates very soon, as RTA revealed earlier the possibility of a brand new technology that could be integrated into our public transport – palm scan gate access. This could our reality very soon, employing the tools of Artificial Intelligence and the virtual Metaverse. This whole mechanism will allow Metro users and commuters to move efficiently without the use of physical a Nol card, as this system will allow the person's palm to be linked to the card. Driverless pods At Gitex Global 2024, Dubai's Roads & Transport Authority (RTA) has unveiled plans for another new way to get around town. The Floc Duo Rail is a self-driving, futuristic-looking electric pod rail system, and could become a hassle-free way to travel around Dubai. It will be able to operate both suspended in the air and on the ground and could help passengers get either from A to B, or be used to take multiple passengers from certain points to other transport networks, such as the Dubai Metro. Read more here. @rta_dubai Images: Socials
