Rajeev Chandrasekhar, Union Minister of State for Electronics and Technology said gadget maker Apple, which is purportedly facing “supply constraints” in regards to some specific models of iPhones in India, is working on ways to address it.
He explained that he had spoken with Apple, and they had replied that while the iPhone 14 demand was being met with the help of India’s production centers, the demand for the iPhone14 Pro surged, and was facing “supply constraints” that the company was addressing.
Private sales are probably “alternate” supply channels,” the minister said in a tweet, in reply to a user who had complained that several private players – particularly in Delhi NCR – had been selling some specific model of iPhones in an all-cash deal.
The Twitter user also alleged that notion was created regarding the “unavailability” of stocks which he labeled as “deliberate”, and was meant to make extra profits.
With new models hitting the stores, there has been a steep rise in demand for newly-launched iPhone 14 smartphones this festive season. Attractive offers on various e-commerce and retail platforms also pushed the demand for the iPhone 14.
Last month, Apple announced that it was all set to begin manufacturing its latest iPhone 14 models in India, just days after it had a global unveiling.
Apple unveiled its highly anticipated iPhone 14 and the iPhone 14 Plus variants during its ‘Far Out’ event on September 7.
Further details about where the iPhone will be manufactured in India – the second biggest smartphone market – have not yet been publicly disclosed. As per reports, the locally-produced models are likely to make their way into markets later this year.
Elon Musk, who once tweeted “I hate advertising”, said he wants Twitter Inc to be “the most respected advertising platform”, in a bid to gain the trust of ad buyers ahead of the expected close of his $44 billion deal for the social media firm.
Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue from subscriptions and other means. Advertisers have also told Reuters they were apprehensive of the takeover.
“There has been much speculation about why I bought Twitter and what I think about advertising. Most of it has been wrong,” Musk said in a tweet on Thursday.
“Fundamentally, Twitter aspires to be the most respected advertising platform in the world that strengthens your brand and grows your enterprise.”
Musk also responded with “absolutely” to a tweet calling for top content creators on Twitter to be compensated similarly to other social media platforms.
Ad sales accounted for more than 90% of Twitter’s revenue in the second quarter, and Reuters reported earlier this week that the company was struggling to keep its most active users who are vital to the business.
That underscores the challenge faced by Musk, who visited Twitter’s headquarters in San Francisco on Wednesday and also hinted at being the company’s top boss by updating his profile bio to “Chief Twit”.
In his tweets on Thursday, Musk also said he wanted Twitter to be “a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence”.
The self-described “free speech absolutist” said in May he would reverse Twitter’s ban on former U.S. President Donald Trump, who was removed from the microblogging site in January last year over the risk of further incitement of violence after the storming of the U.S. Capitol.
The question of reinstating Trump on the social media platform has been seen as a litmus test of how far Musk will go in making changes, even though Trump himself has said he would not return.News Source: Khaleej Times