Saturday, August 15, 2020
Home Lead Story Apple Fell to 17th Position in The List of '50 Most Innovative...

Apple Fell to 17th Position in The List of ’50 Most Innovative Companies’: Report

For 2018 as a whole, iPhone sales were down 2.7 percent, to just over 209 million units, said Gartner

In the wake of dwindling iPhone sales amid overall sluggish global smartphone growth, Apple fell from the first position in 2018 to the 17th spot in the annual “50 Most Innovative Companies list for 2019” by US-based business publication Fast Company.

Last year, on the basis of innovations like AirPods, Augmented Reality (AR) and iPhone X, Apple secured the first spot and this year the company is only credited for its “A12 Bionic” processor which has been incorporated in the iPhone XS and iPhone XR models.

“Apple’s most impressive new product of 2018 was the ‘A12 Bionic’ chip that debuted as the industry’s first processor based on a seven-nanometer manufacturing process,” said the report.

‘A12 Bionic” processor is the industry’s first 7nm chipset manufactured with a six-core CPU, four-core GPU and an upgraded eight-core Neural Engine with 6.9 billion transistors that deliver dramatically faster performance.

Chinese on-demand service platform Meituan Dianping topped the list, followed by Singapore based ride-hailing company Grab. Meituan Dianping helps in faster booking and delivery of services such as hotel stays and food.

Others in the list were Square, Twitch, Shopify, Peloton, Alibaba and Truepic.

Apple, women
The Apple logo is shown outside the company’s Worldwide Developers Conference in San Francisco, California. VOA

“Our 2019 ranking of the businesses making the most profound impact on both industry and culture showcases a variety of ways to thrive in today’s volatile world,” said Fast Company which judged nominations received through an application process.

The innovation benchmarking was done on the most profound impact on both industry and culture.

Amid sales drops and losses, Apple is expected to refresh its offerings in iPad, MacBook Pro, 6K monitors and iPhone categories in 2019.

Also Read- Google Announces to Train Indian Journalists For Fair Election Coverage

In the fourth quarter of 2018, sales of Apple iPhones hit 64.5 million units, recording its worst quarterly decline (11.8 per cent) since the first quarter of 2016, according to Gartner.

Apple saw iPhone demand weaken in most regions, except North America and Asia/Pacific.

For 2018 as a whole, iPhone sales were down 2.7 percent, to just over 209 million units, said Gartner. (IANS)

STAY CONNECTED

18,953FansLike
362FollowersFollow
1,780FollowersFollow

Most Popular

Here’s How an Online Training Helped me Land my Dream Job

About the Author: Apurva Bhalerao is a postgraduate in Mechatronics. She joined Internshala Trainings for Internet of Things training. She shares how an online...

Internships for Students With Good People Skills

College students, especially the first and second year ones, often hesitate to apply to internships for the reason that they don’t have any job-specific...

73% Females in Rajasthan Facing Issues in Procuring Sanitary Napkins During Lockdown

Seven of every 10 adolescent females, nearly 73 per cent, in Rajasthan say they have had a problem procuring sanitary pads during lockdown in...

I Believe Dance is like Talking Without Speaking: Govinda

Actor Govinda sees dancing more like talking, sans words. "I believe that dance is more like talking without having to actually speak or use words....

Google Search to Provide you With Necessary Information About Floods in India

Google is already sending public alerts to people hit by flooding in India and users in India can now use Search to simply enter...

Yoga Improves Symptoms of Generalised Anxiety Disorder: Researchers

Researchers have suggested that yoga improves symptoms of generalised anxiety disorder, a condition with chronic nervousness and worry, suggesting the popular practice may be...

Young Women More Stressed Than Men During Lockdown: Survey

A recent survey on the impact of the Covid-19 pandemic on people between 10 and 24 years in UP, Bihar and Rajasthan has revealed...

Doctors Estimated 3 Folds Rise in Deaths of Patients During Lockdown Due to “Waitlist Mortality”

By Ashish Srivastava The nationwide lockdown imposed from March 24 has affected services across sectors, and key areas of medical care were also not left...

Recent Comments