Apple forecast

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to keep the interest rate unchanged at 5.15% in the fifth bimonthly policy review, citing inflation concerns despite economic growth continuing to slow down.All the six members of the MPC voted in favour of keeping the interest rate unchanged.“The MPC recognises that there is monetary policy space for future action. However, given the evolving growth-inflation dynamics, the MPC felt it appropriate to take a pause at this juncture,” the RBI said.The central bank decided to maintain the accommodative stance of the policy.“The MPC also decided to continue with the accommodative stance as long as it is necessary to revive growth, while ensuring that inflation remains within the target,” it said.The market was expecting the central bank to cut interest rates further — for the sixth consecutive time.Inflation forecast had been raised to 5.1-4.7% for H2:2019-20 and 4.0-3.8% for … [Read more...] about RBI keeps repo rate unchanged at 5.15%; reduces growth forecast to 5%

New Delhi: With the second-quarter GDP slipping to a six-year low of 4.5 per cent and expected to remain muted, the Reserve Bank of India (RBI) on Thursday cut GDP growth forecast for the current fiscal to 5 per cent. In its October monetary policy, the RBI had estimated the GDP to grow at 6.1 per cent in the financial year 2019-20. The central bank said that the July-September GDP growth had turned out to be significantly lower than projected and various high-frequency indicators suggest that domestic and external demand conditions have remained weak. "While improved monetary transmission and a quick resolution of global trade tensions are possible upsides to growth projections, a delay in the revival of domestic demand, a further slowdown in global economic activity and geopolitical tensions are downside risks," the RBI said in its monetary policy statement. The RBI, however, sees a marginal pick up in business sentiments in the Q4 of the current fiscal. "On the positive side, … [Read more...] about RBI cuts GDP forecast to 5% in FY20; sees early revival signs

iPhone users still clinging to their seven-year-old iPhone 5 or eight-year-old iPhone 4S models need to update to the latest software this week, or risk losing access to GPS, email, iCloud, the App Store and other web services. Apple CEO Tim Cook introducing the iPhone 5 in 2012, the first iPhone to be unveiled after the death of Steve Jobs.Source:AP The flaw is caused by a strange tech phenomenon called GPS Rollover, which happens approximately once every 20 years. The issue is caused by the way GPS technology keeps track of time. RELATED: Upgrade if you have this iPhone The system counts weeks using binary digits, which means it can only count up to a maximum of 1024 weeks. This means every 1024 weeks, or around 19.7 years, the counter rolls over, which can cause problems for programs and devices that rely on GPS for the correct date and time but haven’t been coded correctly to account for the rollover. They could be fooled into displaying a date from 20 or 40 years ago, or … [Read more...] about Apple urges iPhone 5 and iPhone 4S users to update now before they lose vital functions

NEW DELHI: E-commerce major Flipkart has partnered tech giant Apple to sell the latest edition of iPhone on its platform from October 7. This is the first time that Apple has collaborated with an e-commerce company in India to sell a new iPhone version. "Flipkart will offer iPhone 7 and iPhone 7 Plus... beginning on October 7," Flipkart said in a statement. Customers can pre-order the phones from Thursday, September 29 at 23:59 hours from the company's website, it added. Unveiled earlier this month, the iPhone 7 and iPhone 7 Plus would be available in India at a starting price of Rs 60,000. The iPhone 7 and iPhone 7 Plus will be available in 32GB, 128GB and 256GB storage variants in silver, gold and rose gold colours. The new jet black colour variant will come only in 128GB and 256GB variants. While the 32GB phone will be available for Rs 60,000, the pricing of the other models has not been disclosed. iPhone 7 features a 4.7-inch display with 3D touch, while iPhone … [Read more...] about Apple to sell iPhone 7, iPhone 7 Plus on Flipkart

        Apple is reportedly planing to use Qualcomm’s ultrasonic fingerprint sensor technology in one iPhone model, set to be released in 2020.The iPhone maker was partnering with Taiwanese touchscreen maker GIS to develop an iPhone for 2020 or 2021 that could use the under-display tech, MacRumors reported on Wednesday. Qualcomm unveiled the new 3D Sonic Max ultrasonic fingerprint reader on Tuesday at its third annual Snapdragon Technology Summit. Qualcomm supplies ultrasonic fingerprint sensors for Samsung’s Galaxy S10 and Galaxy Note10 smartphones. But iPhones could use an even more advanced version of the technology by 2020 or 2021 rolls in. J.P. Morgan analyst Samik Chatterjee believes, the iPhone 12 series will feature 5.4-inch iPhone, two 6.1-inch iPhones and one 6.7-inch iPhone with 5G connectivity in 2020.Chatterjee predicts the company may introduce two high-end models (one 6.1-inch and one 6.7-inch) with support for mmWave, as well as a … [Read more...] about Apple’s 2020 iPhones could feature Qualcomm’s ultrasonic fingerprint sensor